Pursuit Minerals Advances Lithium Project Amid Financial Boost

Pursuit Minerals Ltd (AU:PUR) has released an update.

Pursuit Minerals Limited, trading on ASX as PUR, is advancing its Rio Grande Sur Lithium Project in Salta, Argentina, as highlighted in their September 2024 quarterly report. Despite a modest cash balance of $0.324 million AUD at the end of the quarter, the company bolstered its financial position with a subsequent $1 million raise. With a focus on lithium, Pursuit aims to capitalize on the growing demand in the renewable energy sector.

For further insights into AU:PUR stock, check out TipRanks’ Stock Analysis page.