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Liontown Resources Limited (LIS.F)

Frankfurt - Frankfurt Delayed Price. Currency in EUR
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0.80680.0000 (0.00%)
As of 07:09PM CET. Market open.
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  • Motley Fool

    Why Albemarle Stock Slumped 25% in October

    The lithium producer's stock got hammered for several reasons, but here's why you might want to buy it.

  • Reuters

    UPDATE 1-Australia's Liontown Resources tumbles on discounted share placement, debt facility

    Shares of Australia's Liontown Resources slumped 34% on Friday, after the miner said it would secure up to A$1.2 billion ($759 million) in total in a discounted share placement and debt issue to fund its flagship Kathleen Valley Lithium project. The fund-raising move came a few days after U.S.-based miner Albemarle abandoned a A$6.6 billion ($4.16 billion) buyout bid for Liontown. The fund-raising will be in two parts consisting of a debt facility worth A$760 million and an equity raising of A$376 million, Liontown said on Thursday.

  • Reuters

    UPDATE 2-Australia's Liontown secures $713 mln for Kathleen Valley lithium project

    Australia's Liontown Resources said on Thursday it secured A$1.13 billion ($712.69 million) in funding for its flagship Kathleen Valley lithium project via a debt financing package and a fully underwritten equity raise. The miner will get A$376 million from the equity raise, out of which A$10.8 million will be from the company's Chairman Timothy Goyder, according to Liontown. Equity will be raised at a price of A$1.80 per share, a discount of 55% to Liontown's last close of A$2.79 on Oct. 13.