Clontarf Energy (GB:CLON) has released an update.
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Clontarf Energy plc has successfully raised £450,000 through a share placement to fund the next phase of their lithium project in Bolivia, which includes advancing negotiations, processing bulk samples, and further developing a pilot-plant. Shareholders will see a 12.2% increase in the company’s issued capital, with the new shares set to be traded on AIM by early October. The company’s progress in Bolivia has been promising, with a joint venture pilot plant ready for production testing, and is preparing for potential early deployment to Bolivian salars.
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