Solis Minerals hits record high on potential funds for lithium projects

Solis Minerals

08/06/2023 02:14

** ASX-listed shares of Canada-based Solis Minerals  SLM.AX 
  SLMN.V  rise as much as 65.3% to a record high of A$0.975
    ** The battery mineral-focused miner says it has received
firm commitments to raise A$8.2 mln ($5.46 mln)
    ** Co says it is now fully funded to start exploration
drilling at Jaguar and Borborema Lithium projects in Brazil 
    ** Solis stock set for best day since May 31, if gains hold
    ** Stock up 686.7% YTD, as of last close
 

    ($1 = 1.5008 Australian dollars)

 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))