A$53 Million Fully Underwritten Placement to Advance Rhyolite Ridge Lithium-Boron Project

Highlights

  • Fully underwritten Institutional Placement (Placement) to raise A$53 million at A$0.41 per share
  • Proceeds to fully fund the Rhyolite Ridge Lithium-Boron Project through to a mine development decision by late 2019
  • Placement price represents a 7.9% discount to last close price on ASX of A$0.445 as at 12 June 2018

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