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An update from EnviroGold Global Limited ( (TSE:NVRO) ) is now available.
EnviroGold Global Limited has announced a non-brokered private placement aiming to raise up to $4 million through the issuance of units priced at $0.10 each. The proceeds from this offering will be used to repay principal and interest from previous convertible note financings and for general working capital. Significant lead orders have been received, and the first tranche of the offering is expected to close soon, subject to regulatory approvals. This move highlights EnviroGold’s ongoing efforts to commercialize its technology and expand its operations, potentially strengthening its market position and providing growth opportunities.
More about EnviroGold Global Limited
EnviroGold Global Limited is a clean technology company that specializes in monetizing mine waste and tailings, while reducing environmental and social liabilities. The company operates in the environmental sector, focusing on sustainable technology solutions for the mining industry.
YTD Price Performance: 108.33%
Average Trading Volume: 125,944
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$29.99M
For an in-depth examination of NVRO stock, go to TipRanks’ Stock Analysis page.
