Volt Resources Pursues Non-Dilutive Funding Programs, Eyes Over 150 Million in Potential Funding
–News Direct–
Volt Resources CEO Prashant Chintawar joined Steve Darling from Proactive to share significant developments in the company's operations for the first quarter of 2024. One of the key highlights is the successful securing of a loan totaling approximately 1 million Australian dollars, with an initial advance of $250,000 to be repaid within four months. This funding forms part of Volt Resources' broader, non-dilutive funding strategy aimed at supporting its operations in both the U.S. and Europe. Anticipated results from this funding pipeline are expected within three months.
Volt Resources has strategically focused on selling high-value, high-margin graphite products from its European facilities amidst the current low-price graphite market. Although challenges ...