First Au Ltd (ASX:FAU) (First Au Ltd (ASX:FAU)) CEO Ryan Skeen tells Proactive the company has agreed to acquire PG Exploration which holds four tenement applications covering about 180 square kilometres in proximity to licences held by some of Australia’s largest lithium companies. FAU has also undertaken a two-tranche placement to raise $1.5 million. Funds will be used for a drill program at the primary Victorian Goldfields Project target as well as to conduct early-stage exploration of the PG Exploration tenements to test for lithium potential.
First Au ‘back in the game’ with new lithium project and $1.5 million raise
