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Global raises A$30m for Nevada project

Lithium-boron developer Global Geoscience will raise A$30-million through an institutional placement to advance its Rhyolite Ridge project, in Nevada.

The ASX-listed company on Thursday reported that 150-million shares will be issued under the company’s placement capacity, priced at 20c each, with the price representing a discount of 9.1% to Global’s last closing price on September 25.