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North Americans swamp Piedmont raising

PIEDMONT Lithium has secured commitments for an estimated A$29 million from new and existing investors to support its plans to develop its namesake project in the Carolina tin-spodumene belt, and drive forward with its definitive feasibility studies, testing, leasing and permitting work required, with around half the cash coming from US investors.

Haydn Black
Piedmont has revved up investor interest.

Piedmont has revved up investor interest.

Americans have agreed to buy 1.8 million American Depository Shares, equivalent to 100 ASX shares, priced at US$6.30 per ADS, for a total $11.3 million.   The raising was run by Fordham Financial Management...

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