13/12/2023
We're delighted to have helped with an £8m fundraising for AIM-listed CleanTech Lithium PLC via a placing, to help fund the development of its Laguna Verde and Francisco Basin lithium projects in Chile.
The company intends to commence a drilling campaign imminently to upgrade the lithium resource estimate at Francisco Basin, and complete its Pre-Feasibility Study for Laguna Verde. The funds will also be used to help finance the commissioning and running of CleanTech's Direct Lithium Extraction (DLE) Pilot Plant in Copiapó in northern Chile, and the production of battery grade lithium carbonate.
With thanks to our wonderful clients at Freshfields, Beaumont Cornish, Fox-Davies Capital and Canaccord Genuity and wishing the company every success with this exciting next phase of its development.
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