Recapitalisation, Re-Listing and Refocus on Battery Metals
Eon NRG Limited (ASX: E2E) ("Eon" or the "Company") is pleased to announce it has secured a portfolio of new exploration assets, targeting Battery and Precious Metals, under recapitalisation plan that will see the Company relist on the ASX in the near future.
The Company was previously focused on onshore USA oil and gas exploration in Wyoming and mineral exploration in Nevada. A renewed strategy is to focus solely on minerals exploration.
Moreover, the Company plans to change its name to 'Voltaic Strategic Resources Limited' (subject to shareholder approval), under the ticker code ASX: VSR, and proposes to adopt a new Constitution and Employee Securities Incentive Plan for the Board and Management. Details of this and other changes will be provided in the Notice of Meeting to Shareholders.