Core Lithium LtdASX: CXO

Oversubscribed Placement to Progress Finniss to Production

· Issued by Core Lithium Ltd

Filed with ASX · · 3 pages · English

Summary by 6ix AI

Core Lithium Ltd has announced an oversubscribed placement that raised funds to advance the Finniss Lithium Project towards production, as detailed on page one. The company will use the proceeds to complete feasibility studies and conduct resource drilling at the project, also mentioned on page two. Additionally, a share purchase plan will allow existing shareholders to participate in the capital raising at the same price as the placement, as noted on page two.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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