INTERNATIONAL GRAPHITE NEWS
International Graphite has made a strong start to the new year achieving several significant milestones that progress our plans to be one of the first producers of battery anode material (BAM) in Australia.
Highlights
- Seed capital raise closes over-subscribed
- Collie premises under negotiation
- BAM R&D equipment ordered
- Lead broker appointed
- IG establishes a presence in Europe
International Graphite has made a strong start to the new year achieving several significant milestones that progress our plans to be one of the first producers of battery anode material (BAM) in Australia.
Our current seed capital raising has closed significantly over-subscribed and we would like to thank all of our shareholders for your ongoing support and confidence in the company. We set out to raise A$1 million and closed the round with applications for ~A$1.5 million.
This support has enabled us to bring forward IG’s first production facility in Collie, Western Australia, and to move ahead on other business-critical developments.