PLACEMENT REPRICED UP TO ACCELERATE DEVELOPMENT WORK ON THE THOMPSON BROS LITHIUM PROJECT
Highlights:
● Quantum is committed to unlocking the world class Manitoba Hard rock lithium region with a recent MOU signed with FAR Resources.
● Placement oversubscribed at a premium price previously announced , to a new issue price of 2.05 cents per share to raise approximately $ 3.22 million before costs
● Well - funded with approx. $ 3.9 m in cash at bank to advance the Thompson Bros. lithium project and move forward on the Alaskan project portfolio .
● MD Mr Avi Kimelman taking up placement to further align his interest with shareholders and sign of management belief in the project s
● Alaskan project portfolio due diligence nearing completion and formal JV documentation are being drafted
● Company name to change to Nova Minerals Limited ( future issuer code : NVA )
Ann: Trading Halt, page-113
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Last
20.0¢ |
Change
-0.018(8.05%) |
Mkt cap ! $43.01M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 20.0¢ | $52.40K | 252.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 1668 | 1 |
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| Last trade - 14.11pm 19/07/2024 (20 minute delay) ? |
| NVA (ASX) Chart |