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Elixinol Global delighted as demand for its share purchase plan far exceeds target

Elixinol Global Ltd's (ASX:EXL) (OTCQB:ELLXF) (FRA:E8M) Oliver Horn speaks to Proactive's Andrew Scott after announcing they've significantly increased the size of its share purchase plan (SPP) from the initial A$2 million target to around A$12.3 million to accommodate strong shareholder demand. Funds raised from the SPP, together with the A$8.2 million from the recent placement, will be used to execute the company’s strategy and pursue new growth opportunities.

Quick facts: Elixinol Global Ltd

Price: 0.185 AUD

ASX:EXL
Market: ASX
Market Cap: $57.97 m
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Elixinol Global welcomes strong support for $8.2 million fundraise to...

Elixinol Global Ltd’s (ASX:EXL) Oliver Horn speaks to Proactive's Andrew Scott following its $8.2 million dollar fundraise. The company's looking to raise up to an additional $2 million through a share purchase plan. He says the funds will help support its growth strategy as it moves towards a...

on 19/11/20

2 min read