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19 Jan
12:50

LITHIUM: European Metals welcomes new investors, updates PFS for Cinovec

Australia-listed European Metals Holdings (EHM) announced Wednesday it has raised AUD 14.4 million ($10.4m) in a private placement to put towards advancing its Czech Cinovec lithium project. The fundraising, completed with two institutional clients of Euroz Hartleys, was led by Sydney-based fund manager Ellerston Capital, which invested around AUD 13m, Kallanish learns. Chairman Keith Coughlan welcomed the new shareholders and said he’s optimistic th…
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