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Core Lithium Raises $50M to Accelerate Finniss Lithium Project Development

2:39am on Saturday 30th of August, 2025 AEST Mining
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Core Lithium Raises $50M to Accelerate Finniss Lithium Project Development

2:39am on Saturday 30th of August, 2025 AEST
Key Points
  • Raised $50 million via two-tranche institutional placement at $0.105 per share
  • Strong support from new institutional investors including Fourth Sail Capital LP
  • Share Purchase Plan launched to raise up to $10 million from eligible shareholders
  • Funds targeted to advance BP33 boxcut, decline development, and operational readiness
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