Provaris Energy Ltd announced that it has receivedfirm commitments to raise $1.5 million (before costs) via a share placement to institutional, sophisticated, and professional investors at $0.02 per share, with 75 million new fully paid ordinary shares to be issued (Placement).
The proceeds of the Placement will provide funds to support priority business development activities in Europe related to both hydrogen and CO2, and preparation activities for the future restart of Provaris’ prototype tank program.
Photo of Provaris Energy
Press release https://shorturl.at/gN20O
