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Barrenjoey, Canaccord raising for Lake Resources; 39.1pc discount

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Lithium play Lake Resources sent out its brokers to source a $20 million shot in the arm on Monday, as its share price languishes 80.5 per cent lower than where it was 12 months ago.

Warehousing for the Kachi direct lithium extraction technology demonstration plant under construction. 

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/barrenjoey-canaccord-raising-for-lake-resources-39-1pc-discount-20240311-p5fbe8