Galaxy raising to de-risk Sal de Vida funding

GALAXY Resources has closed a major equity placement it says removes the funding risk for its initial Sal de Vida lithium brine development in Argentina.

Galaxy raising to de-risk Sal de Vida funding Galaxy raising to de-risk Sal de Vida funding Galaxy raising to de-risk Sal de Vida funding Galaxy raising to de-risk Sal de Vida funding Galaxy raising to de-risk Sal de Vida funding

Sal de Vida is funded for a 2022 start

The Perth-based miner has commitments for an underwritten one-for-14 pro-rata accelerated non-renounceable entitlement offer and institutional placement to raise A$161 million, bringing its available