Liontown funded for Kathleen Valley DFS

LIONTOWN Resources has reported firm commitments from its first capital raising in more than 12 months that were “substantially in excess” of the cash sought to complete the definitive feasibility study for the 100%-owned Kathleen Valley lithium-tantalum project in Western Australia.

Liontown funded for Kathleen Valley DFS Liontown funded for Kathleen Valley DFS Liontown funded for Kathleen Valley DFS Liontown funded for Kathleen Valley DFS Liontown funded for Kathleen Valley DFS

These rocks could mark Australia's first next generation lithium mine

Liontown has raised A$12.5 million, with $10.3 million from institutional and professional investors, and it will seek shareholder approval for a further $2.2 million from directors.