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LPM - LITHIUM PLUS MINERALS LIMITED


nipper
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Lithium Plus Minerals Ltd (LPM)  is an Australian public company incorporated on 10 September 2021 with a focus on Australian lithium projects, including the acquisition of attractive exploration and development resource projects.

Since incorporation, the Company has built a portfolio of lithium exploration projects in the Northern Territory via acquisition.

The Company has nineteen granted exploration licences (for 1,575 km2) and three pending exploration licences covering prospective ground in the Bynoe and Arunta Regions of the Northern Territory. The total area held under licence, assuming that the three pending exploration licence applications are granted, will exceed 1,690 km2.

The tenements cover a range of different geological provinces, each bearing potential for lithium mineralisation, as well as holding potential for associated tin/tantalum/caesium mineralisation.

Listing date 26 April 2022 12:30 PM AEST ##
Company contact details https://lithiumplus.com.au/
Principal Activities Lithium exploration
   
Issue Price AUD 0.25
Issue Type Ordinary Fully Paid Shares
Security code LPM
Capital to be Raised $10,000,000
Expected offer close date 12 April 2022
Underwriter Not underwritten. Canaccord Genuity (Australia) Limited (Lead Manager).
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  • 1 month later...

Opened at 60c when it listed in April, and ran all the way to $1.05 within three days, ..... then slip sliding all the way down to 30c. But, hark, up 40% to 41c today !!

DRILLING SET TO COMMENCE
+ Mining Management Plan approved for Bynoe Lithium Project
+ Drilling at Lei and Cai Prospects expected to commence in coming weeks

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