Battery X Metals Launches $100K Private Placement

Battery X Metals (TSE:BATX) has released an update.

Battery X Metals Inc. has announced a non-brokered private placement aiming to raise up to $100,000 by selling units at $0.10 each, which will include shares and warrants. This financial move is scheduled for closing around August 22, 2024, with the proceeds intended for general working capital needs and settling payables. The offering, expected to involve insiders, is pending regulatory approval and will not be available in the United States.

For further insights into TSE:BATX stock, check out TipRanks’ Stock Analysis page.