Seems something positive, placement seeme not a big issue here. They identified potential Li hard rocks, it seems a postive move.
In addition and in preparation for the Strategic JV with Lepidico in Argentina, Latin Resources has identified potential hard rock lithium resources in the Pampean Pegmatite Province of NW Argentina.
Latin personnel are currently on the ground in the said province and have commenced field work to identify and secure lithium bearing pegmatites.
A detailed mapping and sampling program will be carried out over the coming weeks.
The funds raised from the Placement will be used to secure the lithium bearing pegmatite properties identified in Argentina and further exploration work as well as working capital.
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Seems something positive, placement seeme not a big issue here....
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