Southern Gold acquires battery tech company to accelerate commercialisation

News Direct

May 29, 2023

–News Direct–

Southern Gold Ltd (ASX:SAU) managing director Robert Smilie speaks with Proactive after the company made a strategic investment in Australian battery materials firm Iondrive Technologies and announced a A$2.5 million private placement. Smilie says the Iondrive acquisition adds value for shareholders and diversifies the Southern Gold portfolio, complementing its gold and lithium prospects in South Korea.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/southern-gold-acquires-battery-tech-company-to-accelerate-commercialisation-984297310

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