CNQ 0.00% 28.0¢ clean teq water limited

Ann: Trading Halt, page-7

  1. 265 Posts.
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    Extract from AFR StreetTalk for those who couldn't access above:
    Stockbroker Bell Potter was lining up investors for a two-tranche placement worth $5 million, priced at 38¢ a share or a 20 per cent discount to the last close.Friedland, who owns a 13.4 per cent stake in Clean TeQ, was said to be taking $2 million of the raising.

    The deal’s expected to be accompanied by a letter of intent to form a lithium extraction joint venture with a subsidiary of Ivanhoe Electric, which is run by Friedland.
 
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