Core Lithium Ltd (ASX:CXO) – $120m Two-Tranche Institutional Placement

Argonaut acted as Joint Global Coordinator, Joint Lead Manager and Joint Bookrunner to the two-tranche placement, which received strong support from new and existing high-quality institutional, sophisticated and professional investors.

Proceeds from the placement, together with a US$120 million strategic funding package from Glencore, InfraVia and Nebari, complete a fully funded restart package for the Finniss Lithium Operation.

Congratulations to Managing Director & CEO Paul Brown, CFO James Virgo and the broader Core Lithium team on this transformational milestone. Argonaut's Corporate Finance team was led by Eddie Rigg, Kaiden Gilbert and Max Carter-Mazak, with ECM syndication by Digby Gilmour and Chris Wippl.

To learn more, visit the Core Lithium website here.