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Failed oiler Eon NRG plugs into WA metals space

SHAREHOLDERS in failed US-focused oiler Eon NRG will be asked to support a recapitalisation as a Western Australia-focused gold and battery metal explorer next month, under a deal proposed by Perth-based mining entrepreneur and incoming chair John Hannaford.

Haydn Black
Eon NRG is looking to recharge its tanks as a battery and precious metals explorer

Eon NRG is looking to recharge its tanks as a battery and precious metals explorer

The company, which commenced life as Incremental Oil and Gas in 2009, was decimated by the collapse in energy prices at the start of the pandemic, which caused it to default on its loans.   The stock...

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