Pilbara hoping to raise another A$92m

June 15, 2017

Responsive image

Lithium developer Pilbara Minerals has announced a number of funding initiatives to raise up to A$92-million to complete the financing for it’s A$234-million Pilgangoora lithium-tantalum project, in Western Australia.

The ASX-listed company on Thursday announced that some 220-million fully paid ordinary shares would be issued at a price of 35c each under the equity raising, to qualified institutional and sophisticated investors, raising an initial A$77-million.

Category: General