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Zinnwald issues new shares to fund DFS

Germany-focused junior Zinnwald Lithium has issued around £18.8 million (US$23.1 million) in new shares, raising capital to progress its flagship project, also called Zinnwald.

William Clarke
Zinnwald issues new shares to fund DFS

The issue saw Advanced Metallurgical Group (AMG) subscriving for 124 million newly issued shares of Zinnwald Lithium at a 10% premium to share prices in the run up to the deal.  AMG's latest investment...

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