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Piedmont raises A$16m for namesake project

By:  
Creamer Media Senior Deputy Editor: Australasia
 
CAPITAL
Emerging lithium developer Piedmont Lithium has completed a bookbuild to raise A$16-million to expedite the development of its namesake lithium project, in the US. The company told shareholders on Monday that some 100-milion shares will be placed, at 16c each, to institutional and sophisticated investors in Australia, the US, Canada and the UK.
 
 
 
 
 

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