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15 Sep

Future Battery Materials raises $7.6m for drilling programmes

Australia’s Future Battery Minerals (FBM) announced Friday that it has raised AUD 7.6 million ($4.9m) via an oversubscribed share placement to fund lithium-focused exploration drilling programmes. Acting as a cornerstone investor, Hancock Prospecting, also based in Australia, will invest AUD 2.65m across two tranches. A total of 75.8m shares will be issued, with Tranche 1 shares expected to be issued in late September and Tranche 2 shares issued in November…
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