08
Nov
15:30
LITHIUM: Critical Elements Lithium in bought deal to fund Rose project
Quebec-based Critical Elements Lithium reports that it has completed a CAD 26.1 million ($20.9m) bought deal with Cantor Fitzgerald Canada Corp, with the money to be used to develop its Rose lithium-tantalum project in northern Quebec, Kallanish reports.
The deal involves 14,915,000 Critical Elements units being acquired by Cantor Fitzgerald rat a price of CAD 1.75/unit. Each unit consists of one common share and one half of one common share purchase warrant. Each…
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