$AOU.AX has received binding commitments from new and existing institutional and sophisticated investors for a Placement to raise a total of $2,650,000 from the issue of 55,208,334 new shares at an issue price of $0.048 per share
$AOU.AX has received binding commitments for a Placement to raise a total of $2,650,000.
Placement proceeds to accelerate exploration drilling programmes at the highly prospective Nevada #Lithium and #Nepean #Nickel-Lithium Projects.
$AOU.AX identified a six metre thick pegmatite in NPRC084 between 198-204m and a series of thinner pegmatites in NPRC085 from 143m at the #Nepean North prospect
The two holes are located 420m north of previously announced NPRC058 (1m @ 0.88% Li2O)