The Capital raise likely to be split into a $25.6 million placement, and a $4.3 million top up placement. The top up placement will be taken up by Global Lithium’s spodumene offtake partner Suzhou TA&A Ultra Clean Technology Co. Suzhou has a 10 year offtake agreement with Global Lithium to take up 30 per cent of the spodumene concentrate, and aims to keep its shareholding at 9.9 per cent after the raise.
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In accordance with the aim of discovering and developing gold ore bodies, Talga Gold (TLG) has acquired the right to 100% equity in four unencumbered Australian projects located in renowned gold districts, with gold targets that are exceptionally high grade and highly prospective for major deposits. Three of these projects are located in the Western…
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With industries like manufacturing disappearing, and retail under pressure, is there anything left in Victoria that has a bright economic future? I can’t see any standout industries or sectors. I see Sydney being the financial hub of the country, Perth has mining etc. But what does Melbourne, or Victoria, have? I can’t see any natural…