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An announcement from Oceana Lithium Ltd. ( (AU:OCN) ) is now available.
Oceana Lithium Ltd. has issued 469,565 fully paid ordinary shares at $0.023 each to its Non-Executive Chairman, Martin Helean, as part of Tranche 2 of a placement, raising an additional $10,800. This issuance was conducted without disclosure under the Corporations Act, with the company confirming compliance with relevant legal provisions and no undisclosed information required under the Act. This move is part of Oceana’s ongoing efforts to secure funding and strengthen its financial position to support its lithium exploration projects.
More about Oceana Lithium Ltd.
Oceana Lithium Ltd. is a company operating in the mining industry, focusing on lithium exploration and development. The company is engaged in several projects, including the Solonópole Project in Brazil, the Napperby Project in Northern Territory, and the Bangemall Project in Western Australia.
Average Trading Volume: 328,596
Technical Sentiment Signal: Buy
For detailed information about OCN stock, go to TipRanks’ Stock Analysis page.