What does it mean to be material to a Company?
"As its root word, material, suggests, materiality is commonly defined as any attribute or factor that is relevant and substantial to the overall performance, results and viability of a business."
This indicates to mean that this raising is vital to the business, and shareholders could expect to see great news flow with good shareholder returns.
Proceeds will be used to fund the following:• Undertake a significant drilling program at the Mavis Lake Hard Rock Lithium (Spodumene) Project located in Ontario, Canada.
• Expand and continue drilling campaigns at the Halls Peak Zinc-Lead-Copper-Silver-Gold Project in New South Wales
• General working capital
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