Brief: Forrestania Resources Ltd Announces Placement To Advance Lithium Drilling Campaign

Forrestania Resources

07/10/2022 02:31

Oct 7 (Reuters) - Forrestania Resources Ltd  FRS.AX :
    * PLACEMENT TO ADVANCE LITHIUM DRILLING CAMPAIGN
    * FIRM COMMITMENTS RECEIVED FOR  PLACEMENT OF NEW SHARES TO
RAISE
UP TO A$2.7 MILLION
    * ACCEPTED BINDING COMMITMENTS FOR  PLACEMENT OF 18.0
MILLION
SHARES AT AN ISSUE PRICE OF A$0.15 PER SHARE
    * PROCEEDS FROM PLACEMENT TO ADVANCE LITHIUM DRILLING AND
EXPLORATION PROGRAMS AT CO'S FORRESTANIA PROJECT

Source text for Eikon:  ID:nASX3YVCmY 
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