LithiumBank targets C$5.4 million raise for Boardwalk lithium brine feasibility study
Reuters2026/08/27 21:42- LithiumBank launched a non-brokered private placement of up to 9,000,000 units at CAD 0.6 to raise up to CAD 5.4 million.
- Each unit includes one share, one non-transferable warrant exercisable at CAD 0.9 for 24 months from issuance.
- Net proceeds earmarked for a feasibility study at the Boardwalk Lithium Brine Project in northwest Alberta, with remaining funds for working capital.
- Closing targeted for Aug. 28, subject to TSX Venture Exchange approval.
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