CAPITAL RAISING
ASX-listed Clean TeQ has raised A$150-million in an underwritten institutional placement at A$1.15 a share to fund early works and long-lead items for the Sunrise nikel/cobalt/scandium project, in New South Wales.
The company is pursuing an expedited development timetable to take advantage of rapidly growing markets for these materials, with production expected to start about a year earlier than previously contemplated.
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