Lion One Metals (TSE:LIO) has released an update.
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Lion One Metals Limited has announced an expansion of its private placement to $10 million, with the issuance of over 27 million units at $0.37 each, including a share and a purchase warrant. The proceeds from this offering, expected to close by July 26, 2024, will be used for working capital and general corporate purposes. The company, known for its Tuvatu Alkaline Gold Project in Fiji, continues to advance its mining and exploration endeavors.
For further insights into TSE:LIO stock, check out TipRanks’ Stock Analysis page.
