Alkemy Capital Investments PLC - London-based company focused on acquisitions in the mining and technology metals sectors - Raises £650,000 via an oversubscribed placing of 650,000 new shares at a placing price of £1 per share. This includes a subscription of £50,000 from director Sam Quinn.

Says that the net proceeds will be used to further the development of TVL’s lithium hydroxide processing facility in Teesside, UK, and for general working capital purposes ahead of the company ‘seeking to secure mezzanine financing for that facility, without diluting Alkemy’s shareholders’.

Current stock price: 99.75 pence, down 7.2%

12-month change: down 66%

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