Published: Dec 8, 2022 | By: Desiree Durrani | THE MARKET HERALD | Renascor Resources (ASX:RNU) completes $70m placement to accelerate Siviour development

Renascor Resources (RNU) has successfully completed its $70 million institutional placement to accelerate the development of the Siviour battery anode material (BAM) project in South Australia.

As announced to the market on December 7, the company will issue 254.5 million new shares at 27.5 cents, which represents a 14.2 per cent discount to its 10-day volume-weighted average price. Read More.