Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
CleanTech Lithium PLC ( (GB:CTL) ) has shared an announcement.
CleanTech Lithium PLC announced the results of its retail offer, raising £143,980 in addition to the £2.4 million from a previous placing. The retail offer involves issuing 899,873 new ordinary shares with warrants, representing approximately 0.9% of the company’s enlarged share capital. The proceeds will be used to reduce the balance of Loan Notes from June 2024. The company is also progressing with key milestones, including completing the PFS for Laguna Verde, scaling lithium carbonate production, and pursuing a dual listing on the ASX.
More about CleanTech Lithium PLC
CleanTech Lithium PLC is an exploration and development company focused on advancing lithium projects in Chile for the clean energy transition. The company is committed to becoming a supplier of battery-grade lithium using Direct Lithium Extraction technology powered by renewable energy. CleanTech Lithium has two key lithium projects, Laguna Verde and Viento Andino, and additional exploration projects in the lithium triangle, a leading center for battery-grade lithium production.
YTD Price Performance: -33.09%
Average Trading Volume: 317,395
Technical Sentiment Consensus Rating: Buy
See more data about CTL stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue