leanTech Lithium PLC (CleanTech) has successfully raised £5.6 million on its admission to trading on AIM.
CleanTech is an exploration and development company that intends to develop the next generation of sustainable lithium projects in Chile. CleanTech aims to extract lithium from brines with a low environmental impact and close to zero carbon dioxide emissions.
CleanTech holds two licences for its lithium projects, Laguna Verde and Francisco Basin, both located within the southern tip of the lithium triangle in Chile.
The proceeds of the funding will be used for key exploration activities and direct lithium extraction test work across the two basins.
Crowe acted as reporting accountant on the transaction. Our Capital Markets team was led by Paul Blythe, supported by Monty Cann.
"We valued the assistance of the Capital Markets team at Crowe in helping us with our successful IPO. They were a pleasure to work with and we appreciated their professional and efficient approach.
This marks an important event for CleanTech Lithium and our growth aspirations.”
Gordon Stein, CFO,CleanTech Lithium PLC