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The latest update is out from SensOre Ltd ( (AU:PLC) ).
Premier1 Lithium Limited has announced a partially underwritten, renounceable entitlement offer to raise approximately $1.84 million. The funds will be used to advance drilling and exploration at the Yalgoo and Abbotts North projects, with a focus on expanding mineral resources. This move is part of the company’s strategy to enhance its exploration outcomes and growth potential, supported by Mahe Capital Pty Ltd as the underwriter.
More about SensOre Ltd
Premier1 Lithium Limited is a company in the mining industry, primarily focused on lithium exploration. The company is engaged in drilling and exploration projects, particularly at its Yalgoo and Abbotts North sites, and is considering a name change to Erebus Resources Limited to reflect a strategic shift.
Average Trading Volume: 2,227,422
Technical Sentiment Signal: Sell
Current Market Cap: A$4.42M
For detailed information about PLC stock, go to TipRanks’ Stock Analysis page.