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The latest announcement is out from Lithium Australia NL ( (AU:LIT) ).
Livium Ltd has announced a Target Market Determination for its offer of 65,526,778 attaching options to acquire fully paid ordinary shares, exercisable at $0.02 before April 2028. This move is part of a broader strategy to raise approximately $4.5 million through a share placement, targeting existing shareholders and exempt investors. The company aims to list these options on the ASX, subject to meeting the necessary conditions, which could enhance liquidity and provide additional capital for its operations.
More about Lithium Australia NL
Lithium Australia NL, trading as Livium Ltd, operates in the mining and resources industry, focusing on the development and commercialization of lithium extraction technologies. The company is engaged in providing innovative solutions for lithium production, aiming to enhance the sustainability and efficiency of lithium supply chains.
Average Trading Volume: 5,568,446
Technical Sentiment Signal: Sell
Current Market Cap: A$25.53M
For an in-depth examination of LIT stock, go to TipRanks’ Overview page.