Lion One Metals (TSE:LIO) has released an update.
Lion One Metals Limited has announced a $2 million non-brokered private placement of over 5 million units to meet market demand, with each unit comprising a common share and a warrant, exercisable within 36 months. The proceeds from this placement, which is part of a larger $12 million financing initiative alongside a main private placement, will support the company’s working capital and general corporate purposes.
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