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Orocobre completes C$20 million offering and lists on the Toronto Stock Exchange

Date Closed

June 15, 2010

Lead Office



20.00 Million CAD

On March 31, 2010, Orocobre Limited (an ASX-listed company) issued subscription receipts for gross proceeds of C$20 million pursuant to a private placement. On June 9, 2010, Orocobre completed the prospectus qualification for the distribution of the 10 million ordinary shares issuable upon conversion of the subscription receipts. On June 15, 2010, Orocobre Limited completed the listing of its ordinary shares on the TSX.

Orocobre Limited is a mineral resource company based in Brisbane, Australia. The company's present focus is on lithium and borax mining operations within Argentina

McCarthy Tétrault LLP represented Orocobre, the issuer, with a team led by Gaham Gow.