Green Technology Metals closes A$55M offering

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By CPE News

CPE News Brief (5.7.2022) – Green Technology Metals Limited (ASX: GT1) has completed a AUS $55 million private placement through the issuance of 30,232,000 ordinary shares at AUS $1.05 per share.

Two Canadian investors invested AUS $12.79 million as part of the financing.

Canaccord Genuity (Australia) Limited and Bell Potter Securities (US) LLC led the financing.

Subiaco, Western Austria based Green Technology Metals Limited has three primary Ontario projects which all host lithium bearing pegmatites that are “well positioned to take advantage of its strategic location and renewable energy sources within the North America EV biosphere.”

photo credit: Green Technology Metals