Latin Resources welcomes new high-quality institutional investors in $37 million raise

–News Direct–

Latin Resources Ltd (ASX:LRS) MD Chris Gale speaks with Proactive soon after announcing the company has raised $37.1 million in a well-received placement full of battery metals heavy hitters as well as Brazil’s largest investment bank. Following the raise, Latin will have a cash balance of around $57 million (before costs) and is fully funded for an aggressive resource definition program to increase the size and indicated JORC mineral resource at the Colina lithium deposit.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/latin-resources-welcomes-new-high-quality-institutional-investors-in-37-million-raise-809838799