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Tawana raises A$15m for Bald Hill

ASX-listed Tawana Resources will raise A$15-million through a share placement to advance the Bald Hill lithium and tantalum project, in Western Australia, to commissioning by late 2017.

Tawana on Thursday said that it has received firm commitments from domestic and offshore institutional investors for the placement of 60-million new fully paid ordinary shares, priced at 25c each.