Burley raises A$4.5m

Junior Burley Minerals will raise A$4.5-million in a combination of a flow-through share placement and a share placement to fund lithium exploration in Canada.

The ASX-listed company has received firm commitments to undertake a flow through share placement raising an initial A$3-million, or A$3.33-million through the issue of more than 7.6-million shares at a 78% premium to the company’s last closing price.