San Jose feasibility study fully funded

ASX-listed Plymouth Minerals has received commitments to raise $6.5-million through the issue of 36.4-million shares at $0.18 apiece, with the funds committed towards the completion of a feasibility study at its San Jose lithium/tin project, in the mining region of Extremadura, Spain. The company reported on Thursday that the placement had attracted strong interest from new and existing domestic and international institutional investors and would allow for the completion of the study by the fourth quarter of 2018.