10
Jul
17:03
Element 25 gets ASX waiver for Stellantis’ equity investment
Australian manganese producer Element 25 (E25) has received greenlights from the Australian Securities Exchange (ASX) to issue shares to Stellantis under a deal announced in January, Kallanish reports.
The ASX has granted E25 a waiver from the requirement under Listing Rule 14.7 to permit the company to issue securities later than 3 months after the date of shareholder approval obtained on 20 March 2023. Based on the rule, the issuance would have to be done last …
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