Placement Raises $0.90 Million
Filed with ASX · · 4 pages · English
Summary by 6ix AI
Lithium Universe Limited has announced a capital raise to secure funding for its projects, including the Brownsville Lithium Refinery Project. The company has received binding commitments from sophisticated investors to raise funds through the issuance of new shares. The funds will be used for working capital and advancing key initiatives, including the finalization of the project's pre-feasibility study. The placement is structured in two tranches, with the first tranche expected to allot shares shortly.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Lithium Universe Limited on 6ix
Story so far
Earlier from Lithium Universe
- Offtake Partner Update
- Silver Extraction Delamination Testwork
- GCDE Technology Process Flow Sheet Completion
- Gold and Copper Recoveries from GCDE Technology
- Gold & Copper Extraction from E-Waste Development Program
Later from Lithium Universe
- Gold Purity of 97% Achieved from GCDE Technology
- Recovery of Gallium and Platinum from E-Waste
- Brownsville Lithium Refinery PFS
- CSIRO Industry Grant and Program Approval
- Settlement of Tranche 2 Share Placement and Listed Options
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