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Discovery Lithium Announces $1M Private Placement

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Discovery Lithium Announces $1M Private Placement

ISM Resources Corp (TSE:DCLI) has released an update.

Discovery Lithium Inc. has announced a private placement to raise up to $1 million by issuing 10 million units at $0.10 each, with funds earmarked for working capital and exploration. Each unit consists of one common share and one warrant, exercisable at $0.15 for two years. The offering is subject to regulatory conditions and includes a statutory hold period.

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

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