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An update from Esports Mogul Limited ( (AU:LU7) ) is now available.
Lithium Universe Limited has announced a successful capital raise of $2.50 million through a share placement, which was completed at a 2% premium to the 15-day VWAP. The funds will be allocated primarily to the Bécancour Lithium Refinery and Solar Panel Recycling projects, with the remainder used for corporate and working capital purposes. This capital raise demonstrates strong investor confidence in the company’s strategic direction and its ongoing commitment to innovation in the lithium industry.
More about Esports Mogul Limited
Lithium Universe Limited, trading under the ASX symbol LU7, operates in the lithium industry, focusing on projects such as the Bécancour Lithium Refinery and Solar Panel Recycling Technology. The company is committed to advancing its strategic initiatives in the lithium sector.
Average Trading Volume: 12,399,523
Technical Sentiment Signal: Sell
Current Market Cap: A$24.66M
See more data about LU7 stock on TipRanks’ Stock Analysis page.