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Alkemy Capital Investments Plc ( (GB:ALK) ) has shared an announcement.
Alkemy Capital Investments Plc successfully raised £1.035 million through an oversubscribed placement of 828,000 new ordinary shares at £1.25 each. The funds will be used to further develop the TVL’s lithium hydroxide processing facility in Teesside and for general working capital. This strategic move underscores Alkemy’s commitment to enhancing its position in the lithium market, potentially strengthening its operational capabilities and delivering long-term value to stakeholders.
More about Alkemy Capital Investments Plc
Alkemy Capital Investments Plc operates within the investment industry, focusing on the development of lithium hydroxide processing facilities. The company is primarily involved in advancing projects like the Teesside lithium hydroxide processing facility, which is aimed at the growing lithium market.
YTD Price Performance: 13.73%
Average Trading Volume: 33,379
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £12.78M
See more data about ALK stock on TipRanks’ Stock Analysis page.
