Chariot Resources has secured a A$3.5 million refinancing facility to fully repay existing debt and reset its near-term funding structure.
Chariot Resources (ASX:CC9) has secured A$1.425m in strategic equity from China based battery materials group Greatpower, alongside advanced discussions on project-level financing and offtake for its Nigerian lithium portfolio.
Chariot Resources has entered a non binding MOU with China based lithium trader Fujian Jinjianqiao to explore potential offtake, financing support and local processing across its Nigerian lithium portfolio.
Shanthar Pathmanathan says the latest high-grade lithium assay results from Fonlo and Iganna mark a pivotal step forward in Chariot Resources’ development strategy.
Shanthar Pathmanathan explains how Chariot Corporation’s new small scale mining agreement sets a clear path toward near term Nigerian lithium production.
Chariot Corporation (ASX:CC9) has confirmed the presence of extensive lithium-bearing pegmatite systems at its Fonlo and Iganna projects in southwest Nigeria, paving the way for both near-term production and long-term resource development.
Chariot Corporation (ASX:CC9) has identified 32 high-priority lithium drill targets at its Resurgent Project in the US, adjacent to Lithium Americas’ Thacker Pass.
Chariot Corporation Managing Director Shanthar Pathmanathan says the company’s $1.6 million placement will “aggressively advance exploration” across Nigeria’s largest known lithium pegmatite portfolio following its strategic acquisition.