VRX Silica Advances Capital Raising for Sand Projects

VRX Silica Ltd. (AU:VRX) has released an update.

VRX Silica Limited has announced the dispatch of its Prospectus and Entitlement and Acceptance forms to eligible shareholders, marking a key step in its capital raising efforts. With several key dates outlined, including the opening and closing of the entitlement offer, the company is poised to address the growing supply shortfall in the Asia-Pacific silica sand market. VRX Silica is advancing its high-grade silica sand projects in Western Australia, essential for various industries including glassmaking and high-tech applications.

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