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Premier1 Lithium Expands Capital Raising Efforts Amid High Demand

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Premier1 Lithium Expands Capital Raising Efforts Amid High Demand

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The latest announcement is out from SensOre Ltd ( (AU:PLC) ).

Premier1 Lithium Limited, soon to be renamed Erebus Resources Limited, is expanding its capital raising efforts through an Additional Offer due to excess demand under its Shortfall Offer. The company is issuing an additional 66,200,000 New Shares and 33,100,000 Quoted Options to raise $331,000. This move is part of a broader strategy to enhance liquidity and remove trading restrictions on the new securities, with Mahe Capital managing the underwriting process.

More about SensOre Ltd

Technical Sentiment Signal: Sell

Current Market Cap: A$4.78M

Find detailed analytics on PLC stock on TipRanks’ Stock Analysis page.

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