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Delta Lithium gets A$46.4m funding injection

ASX-listed Delta Lithium has received a near A$46.4-million capital injection through a strategic share placement with Japanese conglomerate Idemitsu Kosans’ subsidiary Idemitsu Mt Ida. Idemitsu has acquired 65.6-million ordinary shares in Delta at an issue price of 70.75c a share, representing a 7.5% premium to Delta’s ten-day volume weighted average share price.
Western Australia Idemitsu Mt Ida Idemitsu Kosan Mt Ida David Flanagan Delta Lithium

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