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Birimian funding gives new management their chance

A YEAR of turmoil looks to be closing on a better note for shareholders of lithium hopeful Birimian with a A$12 million placement set to provide their company’s management with the funds to make 2018 a much more productive period.

Michael Quinn
Birimian funding gives new management their chance

The raising, which is pricing new shares at 38c each and which was “very heavily oversubscribed”, involves undisclosed “institutional, sophisticated and professional investors”. Shareholders will now...

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