E2 Metals Limited (ASX:E2M) has received firm assurances to increase $2.75 million through the issue of 22 million shares at 12.5¢ per share.
The Company also revealed a Share Purchase Plan (SPP) to increase up to $0.75 million through the issue of an additional 6 million shares at the similar terms of 12.5¢ per share.
Notably, the net proceeds of the Placement and SPP strengthen E2M’s balance sheet and offer important funding to fast-track drilling at the Conserrat gold and silver discovery, situated in the Santa Cruz province of Argentina.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.