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Global Geoscience raises funds

Global Geoscience (AU:GSC) has raised A$30 million (US$23.4 million) through an oversubscribed placement to fund its 100%-owned Rhyolite Ridge lithium-boron project in Nevada.

Global Geoscience raises funds Global Geoscience raises funds Global Geoscience raises funds Global Geoscience raises funds Global Geoscience raises funds

The funds will be used to advance the Rhyolite Ridge lithium-boron project in Nevada

Citigroup is acting as sole lead manager, bookrunner and underwriter to the placement.

The raising will price new shares at $0.