Cornish Lithium

We want to enfranchise the local community with crowdfunding says Cornish Lithium's Wrathall

Jeremy Wrathall, Cornish Lithium PLC’s chief executive, says that has already been huge interest by members of the local community looking to investing the company.

Cornish Lithium today launched a crowdfunding campaign through Crowdcube to raise £1mln for drilling its sites in Cornwall.

“We are a UK company and we want a UK crowd invested in this project,” he told Proactive.

“We want to enfranchise the local community.”

The government is aware this country needs raw material for the coming electric vehicles revolution and the best source of lithium in the UK is in Cornwall.

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Cornish Lithium mulls crowdfunding to finance further exploration

Mining Capital's Alastair Ford tells Proactive London's Andrew Scott Cornish Lithium is actively considering raising its next round of exploration finance via CrowdCube. If they go ahead and raise around £1mln through the platform they'll become the first UK-based mining company to raise...

on 5/7/19

2 min read