Piedmont Lithium (AU:PLL) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Piedmont Lithium has successfully raised approximately $27 million through an equity placement, bolstering its financial position as it prepares for a merger with Sayona Mining. The strong investor interest highlights confidence in Piedmont’s strategic initiatives in the lithium market. Trading of the new securities on the ASX is expected to commence on November 28, 2024.
For further insights into AU:PLL stock, check out TipRanks’ Stock Analysis page.