- Global Battery Metals (GBML) has upsized its non-brokered private placement to $1,160,000
- The company intends to issue up to 11,000,000 units for $0.10 per unit
- The offering is expected to close at the end of August
- Global Battery Metals Ltd is a Canadian exploration and development company
- Global Battery Metals Ltd. (GBML) opened trading at C$0.12
Global Battery Metals (GBML) has upsized its previously announced non-brokered private placement to $1,160,000.
The company intends to issue up to 11,000,000 units for $0.10 per unit. Each unit will consist of one common share and one share purchase warrant. Each warrant will be exercisable for one additional share at $0.14 for twenty-four months.
Proceeds will be used primarily for working capital.
The offering is expected to close at the end of August.
The securities issued will be subject to a statutory four-month hold period.
Global Battery Metals Ltd is a Canadian exploration and development company focused on metals that support the evolution to battery power.
Global Battery Metals Ltd. (GBML) opened trading at $0.12.
