CleanTech Lithium Secures New Funding for Expansion
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CleanTech Lithium Secures New Funding for Expansion

CleanTech Lithium PLC (GB:CTL) has released an update.

CleanTech Lithium PLC has raised approximately £2.1 million through new loan notes after terminating a £1 million convertible loan note agreement due to non-payment. These funds will support the company’s current operations and its upcoming dual-listing on the Australian Securities Exchange. The new loan notes, accompanied by warrants, are expected to be a short-term solution, with repayment planned from the proceeds of a future capital raise tied to the ASX listing.

For further insights into GB:CTL stock, check out TipRanks’ Stock Analysis page.

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