Monger Gold Ltd. (AU:LLI) has released an update.
Loyal Lithium Ltd. has successfully completed an oversubscribed funding round, raising $3.3 million at a significant premium through the issuance of flow-through shares, which will finance exploration at the promising Trieste Lithium Project in Quebec. The strong market demand and substantial investment from major shareholders underscore the project’s strategic position and potential for advancement. The funds will accelerate exploration activities including geophysical surveys, field programs, and targeted drilling.
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