CleanTech Lithium PLC (GB:CTL) has released an update.
CleanTech Lithium PLC is launching an immediate accelerated bookbuild to raise £2.5 million through a new share placement, with the issue price set at a 23% discount from the last closing price. This interim fundraising is to address a delay in their planned Australian Securities Exchange listing, and proceeds will be used for critical capital programs, strategic partnership discussions, and general corporate needs. The company aims to maintain momentum in its lithium extraction projects while working towards dual listing on the ASX.
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