LMG complete oversubscribed $3M placement
Filed with ASX · · 2 pages · English
Summary by 6ix AI
Latrobe Magnesium Limited has completed an oversubscribed placement to raise funds for its magnesium plant project in Latrobe Valley. The funds will be used to fast-track design and engineering services and complete early works at the site. The company is also pursuing additional funding from cornerstone investors and government grants. Latrobe Magnesium aims to produce magnesium from industrial fly ash, contributing to environmental sustainability.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Latrobe Magnesium Limited on 6ix
Earlier from Latrobe Magnesium
- Latrobe Valley Project Update
- Latrobe Magnesium awards EPCM contract to Mincore
- Quarterly Cashflow Report
- LMG receives $8.79M R&D tax rebate
- LMG makes changes to its 2020 unaudited Annual Report
Later from Latrobe Magnesium
- Disclosure Document
- RTL Mining & Earthworks Sublease Agreement
- Appendix 5B Cash Flow Report
- LMGs Plant Expansion
- LMG Placement closed oversubscribed
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