Australian Vanadium Limited (ASX: AVL, “the Company” or “AVL” is pleased to announce that it has received firm commitments for the placement of 357,142,857 ordinary fully paid shares (Shares) in the Company at a price of $0.014 each, to raise $5 million before costs (Placement). Subject to shareholder approval, for every two (2) Shares issued under the Placement, one (1) free attaching option will be issued (Option). The Options will have an exercise price of $0.025 and expire two years from the date of issue.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
is pleased to announce that it has received firm commitments for the placement of 357,142,857 ordinary fully paid shares (Shares) in the Company at a price of $0.014 each, to raise $5 million before costs (Placement). Subject to shareholder approval, for every two (2) Shares issued under the Placement, one (1) free attaching option will be issued (Option). The Options will have an exercise price of $0.025 and expire two years from the date of issue.
(20min delay)