NOVONIX Limited and Lithium Energy Limited to Combine Natural Graphite Interests with Intention to Take Combined Business Public
NOVONIX Limited (NVX)
NASDAQ:AMEX Investor Relations:
nuveen.com/cef/product/overview.aspx?fundcode=nac
Company Research
Source: GlobeNewswire
NOVONIX Limited (“NOVONIX”) and Lithium Energy Limited (“LEL”) to contribute their natural graphite exploration interests into a new company, Axon Graphite Limited (“Axon”)Shares of Axon to be offered through an initial public offering (“IPO”) and listed on the Australian Securities Exchange (“ASX”)NOVONIX and LEL each will retain up to 28.57% ownership of Axon following the planned IPOCreates world class, large-scale natural flake graphite projectRealises value for the shareholders of both NOVONIX and LELEligible NOVONIX and LEL shareholders to be given priority in the IPO BRISBANE, Australia, April 03, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today announced that it has signed a definitive agreement under which its wholly owned subsidiary, MD South Tenements Pty Ltd, which holds the Mount Dromedary natural graphite exploration interests, will be divested to Axon Graph
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News
- New green energy hub at Dalhousie will spark climate change solutions [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- United States Government to Reinstate Section 301 Import Tariffs on Artificial Graphite from ChinaGlobeNewswire
- NOVONIX Limited (NASDAQ: NVX) is now covered by analysts at Chardan Capital. They set a "buy" rating and a $4.00 price target on the stock.MarketBeat
- NOVONIX Completes Independent Engineering Assessment of Riverside Facility [Yahoo! Finance]Yahoo! Finance
- NOVONIX Completes Independent Engineering Assessment of Riverside FacilityGlobeNewswire
NVX
Sec Filings
- 6/20/24 - Form 6-K
- 6/14/24 - Form 6-K
- 6/13/24 - Form 6-K
- NVX's page on the SEC website