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Elixir Energy awaits news on capital increase

Elixir Energy awaits news on capital increase

Elixir Energy Limited (AU:EXR) has released an update.

Elixir Energy Limited (EXR) has voluntarily imposed a trading halt as it prepares to announce a capital raising initiative. The halt will be effective from the start of trading on 23 July 2024 and will be lifted upon market announcement or when normal trading resumes on 25 July 2024, whichever occurs first. Investors are closely monitoring the situation as the halt signals upcoming news that could impact Elixir Energy’s financial future.

For more insight into AU:EXR stock, check out TipRanks’ Stock Analysis Page.