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NOVONIX Ltd (ASX:NVX) Equity Raising For Scale-Up of Anode Materials Production
  
Equity Raising For Scale-Up of Anode Materials ProductionBrisbane, Feb 25, 2021 AEST (ABN Newswire) - NOVONIX Limited (
OTCMKTS:NVNXF) is pleased to announce that it is undertaking a capital raising to raise approximately $146 million, comprising:
- a fully underwritten placement to institutional and sophisticated investors to raiseapproximately $115 million within NOVONIX s current placement capacity under ASXListing Rule 7.1 (Institutional Placement), through the issue of 39.7 million NewShares (representing approximately 11.3% of the total shares of the Company prior tothe issue of New Shares);
- subject to obtaining shareholder approval and completion of the Institutional Placementand SPP, a non-underwritten placement of new shares, at the same issue price pernew share as the Institutional Placement, to each of the following directors of the Company or entities associa ....

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