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Long Shortz with Arizona Lithium: $11m move to advance Prairie project in Williston Basin

Arizona Lithium’s managing director Paul Lloyd joins Sarah Hughan on Stockhead TV to talk about the company’s $11M non-dilutive cash raise.

Stockhead’s Sarah Hughan sits down with Arizona Lithium's (ASX:AZL) managing director Paul Lloyd to get the short end of the long story on the company’s latest news.

The company has entered into three agreements whereby it will raise $11m in non-dilutive cash to support its Prairie lithium project in Canada.

The sale of non-core acreage and data is an effective and efficient capital management tool that doesn't dilute shareholders.

Tune in to hear Arizona Lithium's Paul Lloyd on where the money's going, what's happening onsite, and more.

This video was developed in collaboration with Arizona Lithium, a Stockhead advertiser at the time of publishing.

The interviews and discussions in this video are opinions only and not financial or investment advice. Viewers should obtain independent advice based on their own circumstances before making any financial decisions.

Originally published as Long Shortz with Arizona Lithium: $11m move to advance Prairie project in Williston Basin

Original URL: https://www.thechronicle.com.au/business/stockhead/long-shortz-with-arizona-lithium-11m-move-to-advance-prairie-project-in-williston-basin/news-story/365f0eb09dd8350682fbdeb7ee141204