CAPITAL MARKETS

Funds raised for lithium technology

LITHIUM Australia has taken advantage of the big rise in its shares over the past three weeks by raising $A6.55 million in a placement.

Kristie Batten
Funds raised for lithium technology

The placement, at 14c per share, includes a $4 million investment by Lanstead Capital. Under Lanstead’s funding model, Lithium Australia will receive $600,000 upfront, with the remainder to be paid monthly...

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