EV Resources Limited Announces New Rights Issue

EV Resources Limited (AU:EVR) has released an update.

EV Resources Limited is offering a non-renounceable rights issue to its eligible shareholders, allowing them to purchase one new share for every two existing shares at $0.003 each. The company aims to raise approximately $2.09 million through this offer, which is open from November 7 to November 21, 2024. Investors should be cautious as the new shares are considered speculative.

For further insights into AU:EVR stock, check out TipRanks’ Stock Analysis page.