RB Energy financing scuppered by unreceptive market
Published: Friday, 03 October 2014
The company admitted last month that it was facing financial hardship and was planning to sell its Chilean iodine project. Today RB Energy has said it may need to shut down its lithium project in Canada if it cannot secure the funding necessary to keep it afloat.
RB Energy Inc. said Friday that its latest effort to raise
funds for the development of its Quebec Lithium project has not
been completed owing to what it described as difficult
The company issued a statement on 15 September stating that
it was in a...