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Discovery Lithium Launches $1.35 Million Private Placement

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Discovery Lithium Launches $1.35 Million Private Placement

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

Discovery Lithium Inc., a Canadian exploration company, announced a non-brokered private placement aiming to raise up to $1.35 million through the sale of 18 million units at $0.075 each. The funds are intended for general corporate purposes and working capital, with the offering contingent on regulatory approvals and a four-month hold period for securities issued.

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

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