Leading Edge Materials (TSE:LEM) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Leading Edge Materials Corp. has announced plans for a non-brokered private placement aimed at raising up to C$4,500,000 by issuing up to 45,000,000 units at C$0.10 each. The proceeds will be used to fund the company’s projects in Sweden and Romania, alongside general corporate purposes. Each unit will comprise one common share and a warrant, which entitles the holder to purchase an additional share at C$0.20 within four years from the closing date of the placement.
For further insights into TSE:LEM stock, check out TipRanks’ Stock Analysis page.