An announcement from Cosmos Exploration Limited ( (AU:C1X) ) is now available.
Cosmos Exploration Limited has successfully raised A$1,250,000 through an oversubscribed placement, which will support its strategic option agreement to acquire EAU Lithium Pty Ltd. This acquisition positions Cosmos in the Lithium Triangle of South America, enhancing its market focus on critical minerals. The placement will aid in covering acquisition costs and working capital, marking a significant step in its collaboration with Vulcan Energy Resources Limited and YLB in Bolivia, potentially boosting the company’s influence in the lithium industry.
More about Cosmos Exploration Limited
Cosmos Exploration Limited is an ASX listed International critical minerals company focused on developing lithium resources in Bolivia, South America, using Adsorption Type Direct Lithium Extraction technology. The company also has significant exploration projects for critical minerals in Canada and Australia.
YTD Price Performance: 119.35%
Average Trading Volume: 238,547
Technical Sentiment Consensus Rating: Hold
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