04/05/2020 - 17:00

AVZ gets $10.6M Chinese placement over the line

04/05/2020 - 17:00

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Chinese lithium giant Yibin Tianyi will take up a 9 per cent stake in AVZ Minerals by ploughing AUD$10.6M into a 4.5c a share placement. AVZ has also entered into an underwriting agreement to exercise listed options, potentially raising another AUD$5.3M after it tabled a stellar DFS on its giant Manono lithium project in the DRC.

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