Core Lithium LtdASX: CXO

Placement Completed and 2019 Resource Drilling Underway

· Issued by Core Lithium Ltd

Filed with ASX · · 17 pages · English

Summary by 6ix AI

Core Lithium Ltd has successfully completed a placement to raise funds for its operations and drilling activities. The company has received strong support from major lithium producers for this placement, which will accelerate its drilling programs. Drilling has recommenced at the Finniss Lithium Project, targeting new mineral resources and expansion of existing ones. An upgrade of the lithium mineral resource is expected soon as part of the ongoing development efforts.

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

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