American Lithium Corp. a leader in the acquisition, exploration and development of lithium projects, announces that it has completed a non-brokered private placement of 7,518,750 units at a price of $2.00 per Unit for gross proceeds of $15,037,500. Each Unit consists of one common share and one-half of one common share purchase warrant . Each Warrant will entitle the holder to purchase one additional common share in .
American Lithium closes $15 Million Private Placement – Simon Clarke Appointed New CEO benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
American Lithium Corp. (TSXV: LI) (OTCQB: LIACF) (Frankfurt: 5LA1) (â
American Lithiumâ or the â
Companyâ), a leader in the acquisition, exploration and development of lithium projects, announces that it has completed a non-brokered private placement of 7,518,750 units (each, a â
Unitâ) at a price of $2.00 per Unit for gross proceeds of $15,037,500.Â
Each Unit consists of one common share and one-half of one common share purchase warrant (each whole warrant a â
Warrantâ). Each Warrant will entitle the holder to purchase one additional common share in the capital of the Company (a â
Warrant Shareâ) at a price of $3.00 per Warrant Share until April 29, 2024.
Proceeds of the placement will be used to continue development of the Companyâs wholly owned TLC project in Nevada and for general working capital purposes. Subject to completion of the acquisition of Plateau Energy Metals Inc., which is expected to close within the n
Shower of Hail in Santa Rosa Leads to Six-Car Collision
A hail shower Wednesday morning in Santa Rosa reportedly led to a six-car crash in the western part of the city, and possibly also to a big-rig crash involving three vehicles on 101.
A significant amount of hail fell between 9:30 and 10 a.m. Wednesday in isolated parts of Sonoma County, and one squall has reportedly led to a six-car crash on Guerneville Road between Fulton and Willowside roads. Local resident Mike Kobler reported on the crash on social media, saying to avoid the area.
Update: The accumulation of hail looked like snow or slush on the road in Santa Rosa, as the Sonoma County Sheriff s Twitter account shows us.
/EIN News/ VANCOUVER, British Columbia, March 04, 2021 (GLOBE NEWSWIRE)
American Lithium Corp. (TSXV: LI) (OTCQB: LIACF) (Frankfurt: 5LA1) (“American Lithium” or the “Company”), a global leader in the exploration and development of lithium projects, reports being selected by the U.S. Department of Energy Advanced Manufacturing Office (“DoE”), with co-recipient American Battery Technology Company (formerly called American Battery Metals Corporation) (“ABTC”) and another industry partner, to receive grant funding totalling 50% of the capital cost for a US$4.5 million lithium extraction/hydroxide pilot plant.
The grant provides funding to complete field demonstration of selective leaching, targeted purification, and electro-chemical production of battery grade lithium hydroxide precursor from US claystone deposits, and more specifically American Lithium’s TLC Project, near Tonopah, Nevada (“TLC”). The funding is part of US government agencies’ efforts to