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Venari Minerals Secures $6.1M to Accelerate Red Mountain Lithium Project
11:07am on Monday 20th of July, 2026 AEST
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Mining
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Venari Minerals Secures $6.1M to Accelerate Red Mountain Lithium Project
11:07am on Monday 20th of July, 2026 AEST
Key Points
Oversubscribed $6.1M capital raising completed
Two-tranche placement priced at $0.08 per share with attaching options
Convertible note of $1.35M issued with 8% interest
Funds to upgrade Mineral Resource Estimate and advance metallurgical test work
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