Zinnwald Lithium (AIM: ZNWD), has announced the results of its placing conducted overnight. As a reminder the company announced yesterday afternoon that AMG Advanced Metallurgical Group N.V (“AMG”), the $1.2bn global specialty material and industrial services business, is subscribing for a 25% shareholding in Zinnwald at 10.41p per share, a 10% premium to the 20 day VWAP and 26.3% premium to yesterday's close. Existing substantial shareholders Henry Maxey (14.6%) and Mark Tindall (4.0%) will a ....
