EEE Exploration Corp. (TSE:SPOD) has released an update.
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SPOD Lithium Corp. has successfully closed the second tranche of its non-brokered private placement, raising $85,000 by issuing 1.7 million units. Each unit consists of a common share and a warrant, which can be converted into an additional share at $0.10 within 24 months. The funds are intended for general working capital, and future tranches of the offering are planned.
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