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Liontown Raises A$316M to Power Kathleen Valley Lithium Expansion
12:31pm on Friday 8th of August, 2025 AEST
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Liontown Raises A$316M to Power Kathleen Valley Lithium Expansion
12:31pm on Friday 8th of August, 2025 AEST
Key Points
Fully underwritten institutional placement raises ~A$266 million at A$0.73 per share
Conditional placement to Canmax and others to raise an additional A$50 million, pending approvals
Non-underwritten Share Purchase Plan targeting up to A$20 million for existing shareholders
Pro forma cash balance expected to reach ~A$472 million post-raising
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