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Germany-focused junior Zinnwald Lithium has issued around £18.8 million (US$23.1 million) in new shares, raising capital to progress its flagship project, also called Zinnwald.
The issue saw Advanced Metallurgical Group (AMG) subscriving for 124 million newly issued shares of Zinnwald Lithium at a 10% premium to share prices in the run up to the deal.
Financing aspects leave exploration behind
South32 gets FAST-41 for Hermosa
Sayona firms up lithium project economics
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