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Lithium Australia sees 'incredible support' for its $4 million fundraise

Lithium Australia NL's (ASX:LIT) Adrian Griffin tells Proactive's Andrew Scott they had incredible support for its $4 million placement and they're intending to raise up to a further $2 million in a share purchase plan (SPP). Funds from the capital raising will be used to accelerate revenue growth for the company's Envirostream Australia Pty Ltd battery recycling and Soluna Australia Pty Ltd renewable energy storage system subsidiaries.

Quick facts: Lithium Australia NL

Price: 0.055 AUD

ASX:LIT
Market: ASX
Market Cap: $43.24 m
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Lithium Australia's Adrian Griffin talks energy metals strategy following...

Lithium Australia NL's (ASX:LIT) (OTCMKTS:LMMFF) (FRA:3MW) Adrian Griffin caught up with Proactive's Katie Pilbeam following the news they've raised $4.5 million in a strongly supported share purchase plan (SPP) - more than double the initial $2 million target. The funds raised, in conjunction...

1 week, 1 day ago

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