Arctic Fox Lithium Raises Capital in Private Placement

Arctic Fox Ventures, Inc. (TSE:AFX) has released an update.

Arctic Fox Lithium Corp. has successfully completed the initial portion of its non-brokered private placement, raising $85,000 through the issuance of over 2.8 million units at $0.03 each. These funds are earmarked for general working capital, with each unit comprising a common share and a purchase warrant with a two-year exercise period. The company specializes in lithium and rare earth elements, focusing on developing properties in Québec.

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