Successful share placement raises $3M launching an SPP offer to existing shareholders
International Graphite has successfully raised $3.0M this week via a placement of 24 million new shares with binding commitments from sophisticated and professional investors with a share purchase plan offer launched for eligible shareholders. This is the first capital raising since the Company’s IPO in 2022. Following the success of the placement, the company has launched a share purchase plan (SPP) for existing shareholders. The SPP aims to raise a further $1M.
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