Evion Group NL (ASX:EVG) MD Tom Revy tells Proactive the company has received firm commitments to raise $3.4 million in a share placement. He says EVG intends to leverage the new capital to expand the Maniry Graphite Project and capitalise on accelerating graphite demand forecast for the electric vehicle industry over the next decade or so.
Evion Group says $3.4 million raise endorses vertically integrated graphite strategy
