Pilbara Minerals executes underwriting agreement
The $15 million SPP follows a recent $80 million successful placement.
Company
ASX:PLS
Pilbara Minerals Ltd (ASX:PLS) is listed on the Australian Securities Exchange.
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The $15 million SPP follows a recent $80 million successful placement.
$210+ million raised this month from debt and equity funding.
The company is looking to raise a total of A$77 million.
The project contains 4.83 million tonnes of lithium carbonate equivalent.
An initial mining study has already valued Wolfsberg at US$94.8 million.
Offtake commitments secured for 100% of the mine’s stage 1 production.
The halt will remain in place until Tuesday 2nd May 2017.
High priced lithium contracts bode well for Sayona's Authier project.
The company has settled litigation with Li Technology Pty Ltd.
Pilbara Minerals (ASX:PLS) has increased its global lithium resource by 22% to 156.3 million tonnes grading 1.25% lithium oxide, 128 ppm tantalum pentoxide and 0.61% iron oxide at the 100%-owned Pilgangoora Tantalum-Lithium Project in Weste
Operations at ANSTO have demonstrated the production of battery grade lithium carbonate.
Initial mapping and sampling programs have commenced.
Lithium Australia NL has had its trademark application for LieNA™ accepted for registration.
Lithium Australia NL (ASX:LIT) has provided an update on the Sileach™ spodumene pilot plant commissioning on Pilbara Minerals (ASX:PLS) concentrates.
Lithium Australia (ASX:LIT) commenced just under a week ago a 24 hour commissioning run of the Sileach™ pilot plant for the processing of spodumene concentrates supplied by Pilbara Minerals (ASX:PLS).
Highlights include rock chip samples up to 2.13% lithium
De Grey Mining (ASX:DEG) has received encouraging initial assay results from the first 21 holes of a 64 hole drilling program at the Mt Berghaus prospect at its Turner River Project.
Lithium Australia NL (ASX:LIT) is re-commencing pilot testing at ANSTO Minerals (a division of the Australian Nuclear Science and Technology Organisation).