BRIEF-Arizona Lithium Says Placement Raises A$16.5M At 30% Premium To Advance Prairie Lithium

Reuters2023-12-18

Dec 18 (Reuters) - Arizona Lithium Ltd :

* PLACEMENT RAISES A$16.5M AT 30% PREMIUM TO ADVANCE PRAIRIE LITHIUM

* PLACEMENT AT ISSUE PRICE OF A$0.051 PER SHARE

* CAPITAL RAISED WILL BE USED FOR DRILLING IN 2024 AT PRAIRIE PROJECT INTO DAWSON BAY & SOUR IS RIVER FORMATIONS AT VARIOUS LOCATIONS

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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