Key Investment Highlights:
- Strong lithium grades - Bananal Valley and Salinas project operating in under-explored areas, with potential for world class lithium deposits following large lithium pegmatite occurrences of 2.0m @ 3.07% from assay results
- Global decarbonisation thematic - Highly leveraged to long-term global demand for lithium input into electric vehicles and broader renewable technologies
- Strong institutional support - Placement corner-stoned by Electrification and Decarbonization AIE LP, an entity related to Waratah Capital Advisors Ltd, for A$15.0m (~US$11.16 million).