ActivEX Completes Share Placement to Fund Exploration Activities

ActivEX Limited (ASX: AIV) has confirmed the completion of its previously announced capital raising, issuing 21,087,628 fully paid ordinary shares at an issue price of AU$0.02 per share.

The newly issued shares are subject to a 12-month voluntary escrow, which will remain in place until 10 March 2027. The capital raised will be directed toward advancing the company’s existing exploration projects, while also supporting general working capital requirements.

ActivEX also confirmed that the shares were issued without disclosure in accordance with Part 6D.2 of the Corporations Act. The company stated that it remains compliant with all applicable financial reporting and continuous disclosure obligations and that there is no additional material information required to be disclosed under the relevant legislation.

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