Morella raising cash and selling lithium royalties

MORELLA Corp is raising A$7.5 million in new equity and is set to be initially paid US$1.1 million for two royalties covering lithium ground in Western Australia.

Morella raising cash and selling lithium royalties Morella raising cash and selling lithium royalties Morella raising cash and selling lithium royalties Morella raising cash and selling lithium royalties Morella raising cash and selling lithium royalties

A 1.25% royalty for the Mt Edon tenure is being sold for an initial $450,000 and another for an initial $650,000 at Tabba Tabba.