Valence Industries Limited (ASX:VXL) is an industrial manufacturing company producing high grade flake graphite products for distribution and sale to global markets. Valence Industries owns established processing facilities and infrastructure to manufacture a wide range of graphite product lines for multiple applications and multiple industries. Valence Industries produces and sells its graphite products from its Uley Graphite facilities in regional South Australia for delivery to diversified markets for graphite in the Asia Pacific, Europe and North America. Visit Valence Industries
Valence Industries Ltd
ASX:VXL ISIN:AU000000VXL8
News
Valence Industries Limited (ASX:VXL) advises that Patersons Securities has initiated research coverage of the Company. A copy of the research note is available on the Company's website
Valence Industries (ASX:VXL) will begin trading today on the Australian Securities Exchange under the ticker code "VXL". Valence Industries plans to restart operations at the world-class Uley Graphite Project on the Eyre Peninsula in South Australia.
Valence Industries (ASX:VXL) is to raise up to $10.1 million at 20c per Share with a 1 for 1 attaching Option. The Offer comprises a non-renounceable Rights Issue to the Company's 3600 existing shareholders and a Placement offer.
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