Paynes plans Austria lithium acquisition, Global takes option on US project

June 3, 2016

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Australia’s Paynes Find Gold said on Friday that it would ask shareholders to approve a capital raising for between A$6-million and A$9-million for the acquisition of a lithium project in Austria.
ASX-listed Paynes reported that it had completed a due diligence on the acquisition of European Lithium – the owner of the Wolfsberg project, which contained 55 000 t of lithium.

Category: General