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The latest update is out from Ookami Ltd. ( (AU:FL1) ).
First Lithium Limited has announced that the Mali government is expected to renew its Gouna and Faraba licenses, allowing the company to continue its exploration activities. Additionally, First Lithium has secured an $800,000 loan from professional investors to support its operations, including finalizing the license renewal process and advancing the Maiden Resource Estimate for its projects. This financial boost and potential license renewal position the company to progress its exploration and production strategies, which could enhance its standing in the lithium market.
More about Ookami Ltd.
First Lithium Limited operates in the mining industry, focusing on lithium exploration and development. The company is primarily engaged in the exploration of lithium resources in Mali, with key projects including the Gouna and Faraba licenses.
Average Trading Volume: 71,895
Technical Sentiment Signal: Sell
Current Market Cap: A$11.41M
See more insights into FL1 stock on TipRanks’ Stock Analysis page.