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CleanTech Lithium PLC ( (GB:CTL) ) has shared an update.
CleanTech Lithium PLC has announced an accelerated bookbuild to raise up to £2.4 million through a placing of new Ordinary Shares, with an additional £2 million potentially available through a Broker Option. The funds will support the company’s strategic initiatives, including completing the Pre-Feasibility Study at Laguna Verde and progressing towards a dual listing on the Australian Securities Exchange (ASX). This fundraising effort is crucial for maintaining project momentum and enhancing market visibility, ultimately positioning CleanTech Lithium as a low-cost lithium producer.
More about CleanTech Lithium PLC
CleanTech Lithium PLC is an exploration and development company focused on advancing lithium projects in Chile, aiming to support the clean energy transition. The company is recognized as one of Chile’s most advanced lithium companies and is committed to optimizing Direct Lithium Extraction processes.
YTD Price Performance: -4.41%
Average Trading Volume: 197,135
Technical Sentiment Consensus Rating: Buy
For an in-depth examination of CTL stock, go to TipRanks’ Stock Analysis page.
