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Lion One Metals ( (TSE:LIO) ) has provided an update.
Lion One Metals Limited has announced the pricing of its $7.5 million overnight marketed public offering, which consists of 22,058,824 units priced at C$0.34 each. The proceeds will be used for development and exploration in Fiji, as well as for general corporate purposes, positioning the company to enhance its operational capabilities and potentially bolster its market presence.
More about Lion One Metals
Lion One Metals is an emerging Canadian gold producer headquartered in North Vancouver, British Columbia. The company has established new operations at its wholly-owned Tuvatu Alkaline Gold Project in Fiji, which includes the Tuvatu Alkaline Gold Deposit, an Underground Gold Mine, a Pilot Plant, and an Assay Lab.
YTD Price Performance: 37.50%
Average Trading Volume: 235,349
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$102.4M
For an in-depth examination of LIO stock, go to TipRanks’ Stock Analysis page.
