Deals 06/09/2020

Loop Capital Markets serves as a joint bookrunner on a $13 million secondary offering for Piedmont Lithium Limited

On June 9, 2020, Piedmont Lithium raised $13 million by issuing 2.07 million American Depository Shares at an offering price of $6.30. Loop Capital Markets was a joint bookrunner of the offering.

Piedmont Lithium, an emerging lithium chemicals company focused on the development of its 100%-owned Piedmont Lithium Project in North Carolina, intends to use the net proceeds of the offering to continue development of the project.