Clontarf Energy plc has raised £300,000 before expenses via a placing of 857,142,857 new ordinary shares of 0.01p each in the company at a price of 0.035p per placing share. The placing shares represent approximately 11.92% of the company’s enlarged issued share capital. Net proceeds will advance Clontarf’s lithium projects in Bolivia and neighbouring countries, […]
Tag: Clontarf Energy plc
Clontarf advances bid for Bolivia salt pans
Clontarf Energy plc aims to partner with the German Mittelstand after reaching the third phase of the bidding process for seven priority salt pans in Bolivia. OFF-TAKE Phase III includes confirmation of the financial capacity of the company’s joint venture with NEXT-ChemX. Assessment by the Bolivian State Lithium Company (YLB) will include a review of […]
Clontarf grants 160m share options
Clontarf Energy plc has granted long-term incentive share options over a total 160 million ordinary shares of 0.01p each in the company. Chairman David Horgan received 60m options; non-executive director Peter O’Toole and financial director-company secretary James Finn, 40m each; and financial controller Dipti Mehta, 20m. The options vest immediately with an exercise price of […]
Clontarf raises £400,000 via placing
Clontarf Energy plc has raised £400,000 before expenses via a placing of 1,142,857,143 new ordinary shares of 0.01p each in the company at a price of 0.035p per placing share. The placing shares represent approximately 18% of the company’s issued share capital as enlarged by the placing. Following admission, Clontarf will have a total of […]
Clontarf progresses bid to extract lithium in Bolivia
Clontarf Energy plc has made progress in the bidding process for direct lithium extraction from seven priority salt pans in Southern Bolivia. FINANCING The company’s joint venture with NEXT-ChemX Corporation proposes a pilot plant in partnership with state-owned lithium company YLB* by the end of 2024. On 4 March Clontarf submitted its qualification materials to YLB […]
Clontarf looks to bid for Bolivian priority salt pans
Clontarf Energy plc could submit bids for a direct lithium extraction project from seven priority salt pans, or salares, in Potosí and Oruro, Bolivia. PILOT PLANT The company’s joint venture with US-based NEXT-ChemX Corporation plans a pilot plant in Bolivia in partnership with state-owned lithium company YLB* by the end of 2024. On 26 January, […]