Patagonia Lithium opens entitlement rights issue

Join us as we speak with Phillip Thomas, Executive Chairman at Patagonia Lithium (ASX:PL3), to explore the latest updates on the company’s lithium projects in Argentina and discuss the recent fully underwritten rights issue and next exploration steps.

🔑 Key topics discussed:
📬 Entitlement rights issue now open to raise $2.68 million.
🛠️ Plans to drill a 600m well to upgrade the resource classification.
📈 Moving toward a Scoping Study and potential DFS.

About the guest and company:
Phillip Thomas brings extensive expertise to Patagonia Lithium, an exploration and development company focused on unlocking lithium resources in Argentina. The company is advancing its lithium brine projects with the aim of upgrading current resources and progressing feasibility work.

🎥 Watch the full interview to gain insights into how Patagonia Lithium plans to use new funding to fast-track its next phase of drilling and development. The entitlement offer is open from 6-21 August 2025.

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Written By Shae Russell

Shae has been an equities analyst with a focus on investment writing for 15 years; the last eight of which has centred on the domestic and international mining sector. She’s now bringing this expertise to enhance and strengthen Mining.com.au‘s role as Australia’s leading source of mining news.

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