Volt Resources Secures Strong Backing for AU$2.23 million Capital Raise
Volt Resources Limited (ASX: VRC) has secured firm commitments for an AU$2.23 million capital raise through a share placement to existing shareholders, new sophisticated investors, and the Volt board. A total of 371.8 million shares will be issued at AU$0.006 per share — a 7.3% premium to the 30-day VWAP — along with 185.9 million unlisted options exercisable at AU$0.011 within two years.
The funds will fully support the Feasibility Study for Volt’s High Purity Graphite (HPG) refinery in Alabama, advance offtake agreements, and progress the pilot development of its Ultra High Purity Graphite (UHPG) facility. Additional proceeds will go toward loan repayment and working capital. Directors have shown strong confidence, collectively subscribing for AU$500,000, including AU$350,000 from Executive Chairman Asimwe Kabunga. This capital injection strengthens Volt’s position to accelerate downstream processing initiatives and deliver sustained shareholder value through disciplined project execution.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Volt Resources Secures Strong Backing for AU$2.23 million Capital Raise
Volt Resources Limited (ASX: VRC) has secured firm commitments for an AU$2.23 million capital raise through a share placement to existing shareholders, new sophisticated investors, and the Volt board. A total of 371.8 million shares will be issued at AU$0.006 per share — a 7.3% premium to the 30-day VWAP — along with 185.9 million unlisted options exercisable at AU$0.011 within two years.
The funds will fully support the Feasibility Study for Volt’s High Purity Graphite (HPG) refinery in Alabama, advance offtake agreements, and progress the pilot development of its Ultra High Purity Graphite (UHPG) facility. Additional proceeds will go toward loan repayment and working capital. Directors have shown strong confidence, collectively subscribing for AU$500,000, including AU$350,000 from Executive Chairman Asimwe Kabunga. This capital injection strengthens Volt’s position to accelerate downstream processing initiatives and deliver sustained shareholder value through disciplined project execution.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au