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Lion One Metals ( (TSE:LIO) ) has provided an announcement.
Lion One Metals Limited has announced an overnight marketed public offering of units, targeting gross proceeds of up to C$7.5 million. The funds raised will be directed towards development and exploration of the company’s projects in Fiji, as well as general corporate purposes. The offering includes a provision for an over-allotment option, and the units will consist of common shares and warrants. The move is expected to support Lion One’s operational expansion and strengthen its position in the mining industry, particularly in Fiji.
More about Lion One Metals
Lion One Metals Limited is a company operating in the mining industry, primarily focusing on the development and exploration of mineral properties. The company is engaged in projects located in Fiji, with its market activities centered around resource exploration and development.
YTD Price Performance: 35.71%
Average Trading Volume: 243,810
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$101.1M
See more insights into LIO stock on TipRanks’ Stock Analysis page.
