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Kalium raises funds to move forward on SoP BFS

Creamer Media Contributing Editor Online
A recent bookbuild by ASX-listed potash developer Kalium Lakes was oversubscribed and strongly supported by existing and new shareholders, raising A$14.2-million from 33.5-million shares. The company now expects to be fully funded to complete the bankable feasibility study (BFS) at its Beyondie sulphate of potash (SoP) project in Western Australia, start early site preparation works and to provide working capital for project.

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