Lithium explorer and developer Lake Resources NL (ASX: LKE) increased the Private Placement by $0.55 million to $3.9 million and Share Purchase Plan (SPP) has been upsized $1.0 million to $2.5 million before costs in response to the strong demand of the investors.
The overwhelmed response is witnessed due to Bill Gates-led fund Breakthrough Energy backed Lake's technology provider Lilac Solutions for its direct extraction ion-exchange process.
The same technology is used by the Lake’s Kachi Lithium Project, making it low cost, less pollutant, high grade and scalable product capable of charging a premium.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.