Core raises $40 million to advance development of the Finniss Lithium Project
in placement to global institutional investors
• Project substantially de-risked with funding through to construction,
anticipated to commence prior to year-end, subject to FID
• Core well capitalised to accelerate resource drilling,
further increase mine life,
advance spodumene project development and
preliminary LiOH design
• Shares placed to a select group of high-quality global institutional investors, primarily in North America, Europe and Australia
Demand for the Placement well exceeded the shares to be issued
to a select group of new high-quality institutional investors,
primarily located in North America, Europe and Australia,
aligned with the Company’s vision of soon becoming Australia’s next lithium producer.
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- News: CXO Core Lithium Ltd - Global Institutions Back Core Lithium $40 Million Placement
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