All tagged Core Lithium ASX:CXO

Strong demand for oversubscribed SPP - Core

Emerging Australian Lithium developer Core Lithium (ASX: CXO) has announced that the Company‚Äôs SPP has received strong support above the originally targeted $2 million. Due to the strong demand for the SPP, Core will allow shareholders to participate up to until Monday 24 June and is considering increasing the amount raised to minimise scaling back of the SPP as the Company progresses towards development of the Grants Project.

Core Lithium showcases Finniss Project in new video

Emerging Australian Lithium developer Core Lithium (ASX: CXO) has released a new video showcasing the design and layout of its flagship Finniss Lithium Project, located near Darwin in the Northern Territory. Subject to financing and regulatory approvals, Core is aiming to commence spodumene concentrate production from the Finniss Project in 2020.

NTEPA completes assessment of Core Lithium's Finniss Project

Emerging Australian Lithium developer Core Lithium (ASX: CXO) has announced that the Assessment Report for the Finniss Lithium Project has been provided to the Northern Territory Minister for Environment and Natural Resources the Hon. Eva Lawler MLA. The company will now submit a mining management plan to the government for assessment.

Core to raise $2m via SPP

Advanced Australian lithium developer Core Lithium (ASX: CXO) has announced a share purchase plan to raise $2 million, priced at 4 cents a share, with the proceeds to be used to fund a range of development initiatives at its Finniss lithium project in the Northern Territory. The raising has been underwritten up to $1 million by sophisticated and institutional investors.

Core Lithium in $8.1m royalty deal

Advanced Australian lithium developer Core Lithium (ASX: CXO) has entered into an agreement for the sale of a private royalty from the Finniss Lithium Project in the Northern Territory to Canadian royalty Company, Lithium Royalty Corporation. LRC will pay a total consideration of A$8.125 million for the right to receive 2.5% of gross revenue from the sale of products from Finniss.

Additional lithium product adds to Finniss revenue: Core Lithium

Emerging Australian Lithium developer Core Lithium (ASX:CXO) has received expressions of interest from a number of parties for the potential sale of fine lithium; a by-product of producing high-quality lithium concentrate from the Company's Finniss Lithium Project near Darwin in the NT. Sale of these products was not included in the recently released DFS for Finniss. Binding offtake commitments are expected in the coming months.

Finniss Mineral Resource grows to 9.6Mt with addition of Lees

Emerging Northern Territory lithium developer Core Lithium (ASX: CXO) has announced the global Mineral Resource Estimate for its Finniss Lithium Project in the Northern Territory has been increased to now total 9.63Mt @ 1.3% Li2O with the addition of an initial MRE for the Lees Deposit. The initial Lees MRE is 0.78Mt at 1.3% Li2O and is classified as Inferred under the JORC code 2012.