SGQ 2.78% 3.5¢ st george mining limited

21 December 2022 STRATEGIC $2 MILLION INVESTMENT IN ST GEORGE BY...

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    21 December 2022
    STRATEGIC $2 MILLION INVESTMENT IN ST GEORGE BY THE SUNWODA
    GROUP – A WORLD LEADER IN THE LITHIUM-ION BATTERY INDUSTRY
    HIGHLIGHTS
    • Hongkong Xinwei Electronic Co., Limited (“Xinwei”), a wholly-owned subsidiary of
    Sunwoda Electronic Co., Ltd (“Sunwoda”) – globally recognised for its industry leading
    credentials in the design and manufacture of lithium-ion batteries – has agreed to
    invest $2 million in St George by way of a placement of new shares at $0.086 per share (emphasis added).
 
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