Iris Metals Limited (AU:IR1) has released an update.
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IRIS Metals Limited announced a delay in the $2.5 million funds transfer for its share placement with Stardust Power, due to a transfer error coinciding with the Thanksgiving period in the U.S. Despite this setback, the company remains in discussions with Stardust Power and plans to progress with the securities issuance once funds are received. IRIS Metals continues to keep investors informed about its strategic moves in the lucrative lithium market.
For further insights into AU:IR1 stock, check out TipRanks’ Stock Analysis page.