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Neo Lithium to raise C$30 million in bought deal

Neo Lithium has tapped the equity market to advance its highly anticipated 3Q lithium project.

Oonagh Reidy
Neo Lithium has raised over C$30 million to fund the development of its high grade 3Q Lithium project in Argentina

Neo Lithium has raised over C$30 million to fund the development of its high grade 3Q Lithium project in Argentina

Canadian investment bank Stifel GMP will underwrite the transaction, purchasing 9.9 million of Neo Lithium special warrants priced at C$3.05 each.     Most of the cash raised will be used to construct...

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