Now listed on the Frankfurt Stock Exchange
This morning our 2021 Wise-Owl Pick of the Year Evolution Energy Minerals (ASX: EV1) confirmed that it has commenced trading on the Frankfurt Stock Exchange in Germany.
The company is trading under the ticker “FSE: P77” and trading activity can be viewed via the following link: https://www.boerse-frankfurt.de/equity/evol-energy-min-ltd
The significance of this is that investing in EV1 is now much easier for European investors.
In today’s announcement EV1 also mentioned that it is currently working on a commercial verification program to evaluate the production of sustainable battery anode materials.
It also confirmed that it would try and use this technology to build a battery anode manufacturing facility in Europe (which it is pursuing through its European Battery Alliance membership).
The assessment and definition of a downstream strategy is Objective #2 in our 2022 EV1 Investment Memo, and we think that today’s news opens up the company to further pursue these opportunities inside Europe.
To see all of the key objectives we want to see EV1 achieve in 2022, why we continue to hold EV1 in our portfolio and the key risks to our investment thesis, check out our 2022 EV1 Investment Memo by clicking the image below.