SRK strike resources limited

News: SRK Strike Resources To Spin-Out Its Lithium And Graphite Assets Through ASX Listing Of Unit

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    March 23 (Reuters) - Strike Resources Ltd (SRK) :

    • STRIKE TO SPIN-OUT ITS LITHIUM AND GRAPHITE ASSETS THROUGH LISTING ON ASX OF ITS WHOLLY OWNED SUBSIDIARY, LITHIUM ENERGY LTD
    • LITHIUM ENERGY WILL UNDERTAKE AN IPO TO RAISE $9 MILLION THROUGH ISSUE OF 45 MILLION SHARES AT $0.20 PER SHARE
    • STRIKE WILL RETAIN 43% OF LITHIUM ENERGY POST-IPO
    • LITHIUM ENERGY WILL MOVE TO 100% OF THE BURKE GRAPHITE PROJECT AS PART OF THE SPIN-OUT
    • SPIN-OUT WILL ALLOW STRIKE TO FOCUS ON IRON ORE ASSETS, TO BRING PAULSENS EAST IRON ORE PROJECT INTO PRODUCTION IN 2021
    • SPIN-OUT WILL ALLOW STRIKE TO EXPAND PRODUCTION FROM ITS APURIMAC IRON ORE PROJECT
 
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Last
3.3¢
Change
0.000(0.00%)
Mkt cap ! $9.363M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 193242 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 198700 3
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Last trade - 10.00am 16/09/2025 (20 minute delay) ?
SRK (ASX) Chart
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