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Solis Minerals raises $8 million for Brazilian lithium endeavours

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Solis Minerals Ltd (ASX:SLM) executive director Matt Boyes briefs Proactive on the company’s A$8 million raise, which fully funds it for exploration drilling at the Jaguar and Borborema lithium projects in Brazil. In a vote of confidence in Solis’ strategy, major shareholder Latin Resources also chipped in, increasing its shareholding to just under 18%. Boyes says the funding runway will help get boots on the ground as the explorer prospects for battery metals in some of South America’s most iconic provinces.

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