Common Contracts
1 similar Share Placement and Sale Agreement contracts
SHARE PLACEMENT AND SALE – LETTER AGREEMENTShare Placement and Sale Agreement • April 7th, 2024 • Victoria
Ekosolve Limited (ACN 657 738 120) (the Company), a public unlisted company, is seeking applications from “sophisticated investors” within the meaning of section 708(8) of the Corporations Act 2001 (Cth) (Corporations Act) or “professional investors” within the meaning of section 708(11) of the Corporations Act to invest in the Company to fund working capital. The capital will be deployed to earn engineering and royalty revenues initially, from the construction of up to four Ekosolve DLE projects where licence agreements have been signed. These projects are in Argentina and USA. The funds are primarily intended to be deployed to build a 50 tonne plant for a client in Australia and be transferred to Argentina at a later date as part of a 20,000 tonne lithium project. Sales and marketing are underway for lithium brine projects in the salt lake, geothermal brines and oilfield areas prospective for lithium extraction and several NDA’s have been signed. The lithium product extracted and sol
