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Heritage Clearance Obtained & $4m Placement Completed


  • Firm commitments received for A$4.0 million at 1 cent per share (0% discount to closing price on 27 July 2023)

  • Strategic Placement to Australian & UK fund management institutions including new and existing sophisticated investors

  • Maiden drill program to commence with over 4,500 metres to be drilled at the Company’s 100% owned Morrissey Hill Lithium Project (E09/2375), Yinnetharra WA

  • Receipt of all regulatory approvals and permits, including Aboriginal heritage clearance, obtained for Morrissey Hill, Yinnetharra WA

  • Drilling contractors Strike Drilling & DDH1 booked to mobilise to site, week commencing 14 August

  • Placement funds further allow the Company to fast track the approvals process at the Company’s highly prospective Niobium and REE Project at Wabli Creek, Yinnetharra WA


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