Brief: Eden Innovations Enters Conditional Joint Venture To Develop Batteries

Eden Innovations

21/02/2024 01:29

Feb 21 (Reuters) - Eden Innovations Ltd  EDE.AX :
    * ENTERS CONDITIONAL JOINT VENTURE TO DEVELOP BATTERIES
    * WILL RAISE US$10MILLION WORKING CAPITAL FOR JOINT VENTURE
    * A NEW JV CO WILL BE INCORPORATED IN WHICH EDEN WILL
INITIALLY
HOLD A 30% INTEREST AND VENTURE AEROSPACE A 70% INTEREST
    * VENTURE AEROSPACE WILL RAISE WORKING CAPITAL FOR THE JOINT
VENTURE

Source text for Eikon:  ID:nASX7ysXLp 
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