Evolution Metals & Technologies is trading at $4.45, up 10.69%, after announcing up to $30.9 million in convertible-debenture financing with Yorkville Advisors.
- The agreement was signed September 17 and announced September 18; proceeds are intended for general corporate purposes.
- The financing follows several bullish rare-earth production and revenue-growth announcements, although no source confirms which catalyst drove the September 18 advance.
- Trading remains volatile after consecutive gains on September 16 and September 17.