Greenvale Mining Ltd. (AU:GRV) has released an update.
Greenvale Mining Ltd. has issued 18.5 million shares to Pioneer Resource Partners, decreasing their loan debt from $3.28 million to $2.28 million, and announces a Share Purchase Plan offering shares at a significant discount to raise funds for the Alpha Torbanite and EP145 Helium projects. The capital raised will support ongoing development and exploration, reinforcing the company’s financial stability as they progress towards key milestones. Shareholders have the chance to buy up to $30,000 worth of shares each, capitalizing on the opportunity to bolster their investment as the company advances its strategic projects.
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