The agreement is with Clarus Securities and involves the private placement of up to about 15.63 million shares to be priced at C$1.60 per share.
The company's share price was C$1.66 on 20 September with a market capitalisation of C$167.32 million.
Lithium Ionic has launched a “best efforts” private placement aimed at raising up to C$25 million (US$18.7 million) to be used towards exploration and development work on the company’s Itinga project in Minas Gerais Province, Brazil.
The agreement is with Clarus Securities and involves the private placement of up to about 15.63 million shares to be priced at C$1.60 per share.
The company's share price was C$1.66 on 20 September with a market capitalisation of C$167.32 million.
Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.
View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.
Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.
Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.