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Arizona Lithium Raises $1.3M for Project Expansion

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Arizona Lithium Raises $1.3M for Project Expansion

Arizona Lithium Limited ( (AU:AZL) ) just unveiled an update.

Arizona Lithium Limited has raised $1.3 million by issuing 88,000,000 shares at a premium price through its At-the-Market Subscription Agreement. The funds will be used for the engineering design of a production facility at the Prairie Lithium Brine Project, enhancing the company’s strategic operations in the lithium industry.

More about Arizona Lithium Limited

Arizona Lithium Limited is a company focused on the sustainable development of large lithium projects in North America, specifically the Prairie Lithium Project and the Big Sandy Lithium Project.

YTD Price Performance: 30.0%

Average Trading Volume: 3,644,485

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$53.69M

See more insights into AZL stock on TipRanks’ Stock Analysis page.

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