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Snow Lake Resources ( (LITM) ) just unveiled an update.
On January 24, 2025, Snow Lake Resources Ltd. announced the issuance and sale of 16,000,000 common shares at a price of $1.00 per share. This transaction, facilitated by ThinkEquity LLC as the placement agent, is part of an agency agreement dated January 23, 2025. The offering has been duly authorized, and the shares will be validly issued and fully paid, representing a significant step in the company’s financial and operational strategy.
More about Snow Lake Resources
Snow Lake Resources Ltd. is a company based in Manitoba, Canada, and operates in the resource extraction industry. It focuses on the issuance and sale of common shares as part of its market operations.
YTD Price Performance: 47.87%
Average Trading Volume: 37,900,810
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $106.2M
For an in-depth examination of LITM stock, go to TipRanks’ Stock Analysis page.
