Strong Support for Share Purchase Plan

Source Press Release
Company Elixir Energy Limited 
Tags Strategy - Corporate
Date May 12, 2021

HIGHLIGHTS

  • Share Purchase Plan receives strong support
  • $16.6M raised
  • Board welcomes the opportunity to provide opportunity to fund growth to all shareholders

Elixir Energy Limited (“Elixir” or the “Company”) is pleased to announce that its Share Purchase Plan (SPP) has closed, raising $16.6M. Over 1,400 shareholders participated in the SPP.

Elixir’s Managing Director, Mr Neil Young, said: “The Board of Elixir was very keen to reciprocate the strong support retail shareholders have provided to the Company over the last year, both on market and through prior capital raisings. The funds raised are in line with our estimate and contribute significantly to our now very strong balance sheet.”

Source: EvaluateEnergy® ©2022 EvaluateEnergy Ltd