The company has a strategy to strategy develop projects with partners.
() has pocketed $1 million through a placement at $0.008 to a strategic Asian resources fund.
The funds will be allocated to exploration work on the lithium targets identified in Argentina, to maintain the Peruvian mineral properties in good standing and for working capital.
Latin Resources is also continuing preliminary discussions with a number of parties to enter into a potential joint venture and offtake arrangement.
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