Australia's Evergreen Lithium jumps 20% on ASX debut
11/04/2023 03:56
** Shares of Evergreen Lithium Ltd EG1.AX soars as much as
20% to A$0.30 on first day of trading on the ASX
** EG1 opens trading at A$0.295; IPO of up to 28 million
shares at A$0.25 apiece
** Current trading price values EG1's 153.1 million shares
on issue at A$45.9 mln ($30.58 mln)
** Co to use money from IPO for exploration activities to
cash in on boom in global lithium demand
($1 = 1.5008 Australian dollars)
(Reporting by Sameer Manekar in Bengaluru)
((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))