Brief: Loyal Lithium Raises A$3.3M
17/05/2024 02:27
May 17 (Reuters) - Loyal Lithium Ltd LLI.AX :
* RAISES A$3.3M AT A 73% PREMIUM TO MARKET IN HEAVILY
OVERSUBSCRIBED FLOW-THROUGH PLACEMENT
* ISSUE PRICE OF A$0.45 PER SHARE
* PLACEMENT ISSUE PRICE OF ABOUT A$0.45 PER SHARE REPRESENTS
A 73%
PREMIUM TO LLI'S 15 DAY VWAP PRICE
Further company coverage: LLI.AX
((Reuters.Briefs@thomsonreuters.com;))
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