Published: Dec 7, 2022 | By: Desiree Durrani | THE MARKET HERALD | Renascor Resources (ASX:RNU) to raise $70m to accelerate Siviour development

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

The company will issue 254.5 million new shares at 27.5 cents a share, which represents a 14.2 per cent discount to its 10-day volume-weighted average price. Read More.