Great announcement!
Going back to sophisticated investors and upping the placement they already agreed to by 50% exudes confidence by management and for them to agree and cough up the extra cash also shows confidence from investors.
18 mil MC, 4 mil in bank, potential for a world class lithium deposit with JV agreed to share costs of processing plant (the biggest cost to a lithium mine) with neighbouring company, gold tenements, I could go on but you see where im heading with this.
GLTAH!!
Ann: Placement Repriced Up and Company Update, page-11
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