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Ookami Ltd. ( (AU:FL1) ) has provided an update.
First Lithium Limited, a company involved in the lithium mining industry, has secured a loan agreement of up to $1.2 million with sophisticated and professional investors, including Intermin Mines Corporation. This funding will support the company’s operations in Mali, where the government is partially lifting a suspension on mining permits. The loan will aid in finalizing the license renewal process and advancing the Maiden Resource Estimate for their project, positioning the company to enhance its mining activities in Mali.
More about Ookami Ltd.
YTD Price Performance: -20.0%
Average Trading Volume: 59,410
Technical Sentiment Signal: Buy
Current Market Cap: A$7.82M
Learn more about FL1 stock on TipRanks’ Stock Analysis page.