Business
Lithium battery play Magnis Energy Technologies searches for $25m – The Australian Financial Review
Nothing can stop the lithium raisers!
Nothing can stop the lithium raisers!
Magnis Energy Technologies was raising money on Friday. Louise Kennerley
ASX-listed Magnis Energy Technologies is the next cab off the rank, in the wake of fellow lithium plays Argosy Minerals, Core Lithium and Vulcan Energy all tapping the market for fresh equity in the past week or so.
Magnis had Evolution Capital Advisors at hand on Friday morning, with a $25 million placement, according to terms sent to funds.
The new shares were being offered at 28¢ each,…
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