Ann: $52m Capital Raising to Accelerate Kathleen Valley Project, page-22

Not often I get excited about a CR Ann but a lot to like here.

A few of the key takeaways for me;

-The proceeds of the Placement will increase Liontown’s cash and liquids position to approximately $67 million
(before Placement costs), putting it in a strong position to execute the key elements of its growth and
accelerated production strategy, with the core objective of bringing Kathleen Valley into production as quickly
as possible
-In parallel with the DFS, the Company is currently seeking to secure near-term off-take arrangements

-Definitive Feasibility Study (“DFS”), which remains on
track for completion in Q4 2021.
-Undertaking additional test work and data collection to expand our renewable energy strategy,
specifically, Scope 1 and 2 emissions in support of the Company’s recently announced net zero
aspiration
-Accelerate the Company’s strategy to move up the value chain by producing pre-cursor materials
such as lithium hydroxide

Not only do we have one of the largest uncommitted and high-grade resources in the world, but the aim is also to value add by producing pre-cursor materials, and being one of the "greenest" producers in the world will put LTR at the top of the pile of Li companies for years to come.

Well done TG, TO and LT holders.