- Lithium company MetalsTech (MTC) has secured $3.3 million in a private placement to accelerate the development of Sturec Gold mine
- The company issued 20 million shares at a price of 16.5 cents per share to sophisticated and professional investors
- MetalsTech is currently developing its flagship Sturec Underground mine in Slovakia
- The company now well funded to achieve its near term goals at Sturec
- These goals include the underground roadway development, resource expansion drilling, scoping study and a pre-feasibility study
- Company shares are down just under seven per cent and trading for 20 cents just after midday trade
