EcoGraf Successfully Completes $4.727M Capital Raising
Key points
- Raised $4.727M through SPP and Placement
- Funds to finalize debt financing for Epanko Project
- To support ongoing exploration and strategic partnerships
Full summary
EcoGraf Limited (ASX:EGR) announced the successful completion of a $4.727 million capital raising. This includes $3.552 million from a Share Purchase Plan and $1.175 million from a share placement. The funds will be used to finalize debt financing for the Epanko Project, continue strategic equity and offtake processes, support development studies, exploration activities, and cover general corporate costs.
Summary generated by a large language model. Please interpret with care.