Lithium Australia raises A$4 million

LITHIUM Australia has successfully raised A$4 million via a heavily oversubscribed placement to accelerate the growth of its battery manufacturing and recycling arms, Soluna Australia and Envirostream.

Lithium Australia raises A$4 million Lithium Australia raises A$4 million Lithium Australia raises A$4 million Lithium Australia raises A$4 million Lithium Australia raises A$4 million

Aims to grow battery business

 

The company has received firm commitments for a $4 million placement to institutions, sophisticated and professional investors through the issue of around 75 million full paid ordinary shares