--News Direct--

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.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/evion-group-says-3-4-million-raise-endorses-vertically-integrated-graphite-strategy-740379447