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Kali Metals Raises $7M to Expand Gold and Lithium Drilling in WA

9:42am on Friday 6th of February, 2026 AEDT Mining
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Kali Metals Raises $7M to Expand Gold and Lithium Drilling in WA

9:42am on Friday 6th of February, 2026 AEDT
Key Points
  • Raised $7 million via placement of 39 million shares at $0.18 each
  • Funds earmarked for Phase II drilling at Marble Bar Gold Project and lithium exploration at Higginsville
  • Placement supported by institutional and sophisticated investors, including directors
  • Shares issued at a slight discount to recent volume-weighted average prices
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