Friday, September 17, 2021

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Lithium Australia: Receives hefty funding

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Lithium Australia: Receives hefty funding in support of battery businesses

  • Lithium Australia has received $3M as part of its $6.3 million funding agreement with The Lind Global Macro Fund
  • The Lind Partners has a long-time supporter of Lithium Australia and its directors
  • The company has also received a research and development rebate of nearly $1.3M from the Australian Tax Office through its tax incentive scheme
  • Additionally, VSPC has received over $876,000 from the ATO
  • Lithium Australia and its subsidiaries are also waiting for the outcome of two more grant applications
  • Company shares remain flat today and are trading for 6.3 cents each

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