EV batteries Source: ACME Lithium
  • ACME Lithium (ACME) has closed an oversubscribed non-brokered private placement for proceeds of $4.45 million
  • The company issued 3,194,976 NFT units for gross proceeds of $3,450,574 and 666,668 flow-through units for gross proceeds of $1,000,002
  • ACME will use the proceeds for exploration of its Manitoba and Nevada properties
  • ACME Lithium is a mineral exploration company focused on acquiring, exploring and developing battery metal projects
  • ACME Lithium (ACME) is up 2 per cent, trading at $1.01 per share at 10:15 am ET.

ACME Lithium (ACME) has closed its previously announced, oversubscribed non-brokered private placement for proceeds of $4.45 million.

The company issued 3,194,976 NFT units for gross proceeds of $3,450,574 and 666,668 flow-through units for gross proceeds of $1,000,002. 

ACME will use the proceeds for exploration at its Cat-Euclid and Shatford Lake lithium projects in southeast Manitoba and its Clayton Valley and Fish Lake Valley, Nevada projects, as well as general working capital purposes.

All securities issued are subject to a four-month hold period.

ACME Lithium acquires, explores and develops battery metals projects in partnership with leading technology and commodity companies.

ACME Lithium (ACME) is up 2 per cent, trading at $1.01 per share at 10:15 am ET.

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