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The latest announcement is out from SensOre Ltd ( (AU:PLC) ).
Premier1 Lithium announced the successful closure of its renounceable entitlement offer, which was oversubscribed and raised $1.8 million. To meet excess demand, an additional placement raised $331,000, bringing the total funds to $2,171,303. These funds will support exploration activities at the Yalgoo and Abbotts North Projects, as well as general working capital. The strong investor response indicates confidence in Premier1’s strategic exploration initiatives and positions the company for future growth.
More about SensOre Ltd
Premier1 Lithium (ASX:PLC) is focused on exploring and unlocking the potential of Western Australia’s mineral resources, particularly in gold, copper, and lithium. The company operates within the region’s renowned greenstone belts, known for hosting significant mineral deposits.
Technical Sentiment Signal: Sell
Current Market Cap: A$5.15M
Find detailed analytics on PLC stock on TipRanks’ Stock Analysis page.