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CleanTech Lithium PLC ( (GB:CTL) ) just unveiled an update.
CleanTech Lithium PLC has announced the posting of a circular to shareholders, which includes a notice for a general meeting on August 29, 2025. The company has signed an agreement to acquire additional licenses in the Laguna Verde project area and has conditionally raised £4.3 million through a firm placing of new ordinary shares. The board is seeking shareholder approval for resolutions related to share allotment and restructuring of bridge financing, which are considered crucial for the company’s financial strategy and operational cost reductions. Failure to pass these resolutions could significantly impact the company’s financial stability.
More about CleanTech Lithium PLC
CleanTech Lithium PLC is an exploration and development company focused on advancing sustainable lithium projects in Chile. The company operates two key lithium projects, Laguna Verde and Viento Andino, and an exploration stage project in Arenas Blancas, located in the lithium triangle, a major center for battery-grade lithium production. CleanTech Lithium is committed to using Direct Lithium Extraction technology to ensure no aquifer depletion, aiming to support the clean energy transition.
Average Trading Volume: 258,425
Technical Sentiment Signal: Sell
Learn more about CTL stock on TipRanks’ Stock Analysis page.