AVZ raises funds for Manono project

Junior AVZ Minerals is now fully funded for a decision to mine at its Manono lithium project, in the Democratic Republic of Congo, following a A$15-million share placement and share purchase plan (SPP).

AVZ has raised $9.8-million from a share placement, with some 257-million shares issued, at a price of 3.8c each, under the company’s existing placement capacity.