Post by Elevra Lithium

Elevra is pleased to announce a transformational financing package of up to A$441 million in aggregate. The Strategic Financing Package is intended to provide full funding certainty for the Company’s staged, accelerated North American Lithium Brownfield Expansion and to fund key Moblan pre-development workstreams through to Financial Investment Decision, while enhancing balance sheet flexibility during a transformational growth period. Additionally, the updated NAL expansion scoping study defines faster growth and lower costs, and Elevra has purchased and terminated the spodumene concentrate offtake agreement previously granted to an investment vehicle managed by Waratah Capital Advisors Ltd in respect of the Moblan Lithium Project. Read the full ASX announcements below: Transformational Financing Package: https://lnkd.in/g9Ht8RVW Purchase of Moblan Offtake Rights https://lnkd.in/ghdf_pE4 Updated NAL Expansion Scoping Study https://lnkd.in/gr36Rux9 Strategic Funding Presentation https://lnkd.in/gzDEXy7H ASX:ELV - Trading Holt https://lnkd.in/gUDzGm84 #ASXAnnouncement #CriticalMinerals