Weekapaug Lithium Limited (TSE:GRUV) has released an update.
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Weekapaug Lithium Limited has successfully completed a $700,000 financing round through its fully subscribed LIFE Offering, aimed at funding property development and general corporate needs. The Canadian mineral exploration company issued over 23 million units at $0.03 each, which includes a share and half a share purchase warrant. The raised capital will also assist in repaying certain debts, as the company continues to develop its lithium and hydrogen properties in Northern Ontario.
For further insights into TSE:GRUV stock, check out TipRanks’ Stock Analysis page.