Leigh Creek secures funds

Leigh Creek Energy (LCK) has secured its funding position for the pre-commercial demonstration (PCD) stage and approval and studies phases of its Leigh Creek Energy Project (LCEP).

LCK successfully completed an $8.7 million capital raising by way of private placement of approximately 54.77 million new shares at a price of $0.16 per share.

It is also offering shareholders a further 18.75 million shares, via a share purchase plan, valued at $0.16 each to raise a further $3 million.

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