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Nevada lithium-boron company in $40M raise

Company now has nearly $100 million cash ahead of development decision

Michael Quinn
Rhyolite Ridge in Nevada.

Rhyolite Ridge in Nevada.

The fundraising will issue new shares at A41c each and is underwritten by Citigroup, with Global Geoscience's cash balance to increase to A$85 million. The company raised $30 million last September...

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