- United Lithium (OTCPK:ULTHF) said it intends to conduct a fully subscribed non-brokered private placement consisting of up to 6.67 units at C$0.30 per unit to raise up to C$2M.
- Each unit includes one share and one share purchase warrant, which will entitle the holder to get one additional share at C$0.40.
- The firm intends to use the proceeds for exploration of the company’s properties and for general working capital purposes.
United Lithium looks to raise C$2M in a private placement
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| Symbol | Last Price | % Chg |
|---|---|---|
| ULTHF | - | - |
| United Lithium Corp. | ||