CAPITAL MARKETS

Funding flows for Arizona's Big Sandy lithium venture

ARIZONA Lithium has received commitments for A$13 million to be raised from undisclosed investors keen on backing the Big Sandy project near the Arizona-California state border.

Market backing Arizona's Big Sandy venture

Market backing Arizona's Big Sandy venture

The investors are buying new shares priced at 7.5c, with stock trading at levels around 1c at the start of 2021. Big Sandy has a current resource of 32.5 million tonnes grading 1850ppm lithium (320,800t...

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