5E Advanced Materials (ASX:5EA) terminated on Aug.14, its equity distribution agreement with agents Canaccord Genuity and D.A. Davidson & Co. to sell up to $15 million worth of its common stock under an at-the-market offering program first disclosed last March 28, 2024, according to a Thursday filing with the Australian bourse.
The company is not subject to any termination penalties, the filing said.
Shares of the company rose 1% in recent Thursday trade.
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