Brief: Kairos Minerals Says Global Lithium Resources Will Emerge With A 10% Stake In Kairos

Global Lithium Resources

26/06/2023 02:19

June 26 (Reuters) - Kairos Minerals Ltd  KAI.AX :
    * GLOBAL LITHIUM RESOURCES WILL EMERGE WITH A 10% STAKE IN
KAIROS
    * STAKE BUY  BY SUBSCRIBING FOR A$3.96M SHARE PLACEMENT AT
A$0.018
PER SHARE
    * SIGNED COLLABORATION DEAL WITH GLOBAL LITHIUM TO PROVIDE
FOR
ONGOING STRATEGIC RELATIONSHIP IN RESPECT OF ROE HILLS LITHIUM
PROJECT
    * WILL ALSO UNDERTAKE A FULLY-UNDERWRITTEN NON-RENOUNCEABLE
ENTITLEMENT OFFER TO RAISE UP TO A$6.55 MILLION AT A$0.015 PER
SHARE

Source text for Eikon:  ID:nASX7n59Mk 
Further company coverage:  KAI.AX 

 ((Reuters.Briefs@thomsonreuters.com;))