Business
Piedmont Lithium (ASX:PLL) successfully completes US public offering
Piedmont Lithium Ltd (ASX: PLL) has announced the successful completion of its underwritten public offering. This consists of 1.75 million of its American Depository Shares (ADS) with gross proceeds of US$122.5 million or A$159.1 million. Each ADS represents 100 of the company’s ordinary shares listed on the ASX.
Fresh funds to drive Piedmont Lithium operations
Piedmont is working through a number of prerequisites to emerge as the only US integrated hydroxide from the spodumene project.
The company’s 25,000-meter drill program is underway and expected to provide a mineral resource update in April 2021. Piedmont is targeting the…
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