Southern Gold acquires battery tech company to accelerate commercialisation

NewsDirect
Monday, May 29, 2023 at 3:10pm UTC

--News Direct--

Southern Gold Ltd (ASX:SAU) managing director Robert Smilie speaks with Proactive after the company made a strategic investment in Australian battery materials firm Iondrive Technologies and announced a A$2.5 million private placement. Smilie says the Iondrive acquisition adds value for shareholders and diversifies the Southern Gold portfolio, complementing its gold and lithium prospects in South Korea.

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Jonathan Jackson

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View source version on newsdirect.com: https://newsdirect.com/news/southern-gold-acquires-battery-tech-company-to-accelerate-commercialisation-984297310