Morella Corporation (AU:1MC) has released an update.
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Morella Corporation has secured a commitment for 24.26 million shares, raising $873,300 from Interra Resources, which views this as a strategic investment in the renewable energy sector. This new capital, combined with prior funds, brings the total to $1.72 million, aiding Morella’s lithium project ventures in Australia and the USA. The collaboration with Interra marks a significant step towards advancing Morella’s portfolio in battery minerals for green energy demands.
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