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An update from Kali Metals Limited ( (AU:KM1) ) is now available.
Kali Metals Limited has issued 2,513,556 fully paid ordinary shares to acquire Florance Resources Pty Ltd, which holds tenements adjacent to its Marble Bar Gold-Lithium Project. This strategic acquisition aims to strengthen Kali Metals’ position in the lithium exploration sector, potentially enhancing its operational capabilities and market presence.
More about Kali Metals Limited
Kali Metals Limited is a prominent player in the exploration of hard-rock lithium fields in Australia, with a significant portfolio spanning 3,980 square kilometers across key regions such as the Pilbara, Eastern Yilgarn, and the Lachlan Fold Belt. The company is dedicated to exploring and developing commercial lithium resources, alongside prospective gold and tin projects, to enhance shareholder value.
YTD Price Performance: -35.00%
Average Trading Volume: 117,046
Technical Sentiment Consensus Rating: Strong Buy
Find detailed analytics on KM1 stock on TipRanks’ Stock Analysis page.
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