- Clear Sky Lithium (POWR) has announced a non-brokered private placement for gross proceeds of up to $3,000,000
- The company will issue up to 2,400,000 units at $1.25 per unit
- Net proceeds will be used for general operations
- Clear Sky Lithium is an exploration and development company focused on the advancement of North American lithium deposits
- Clear Sky Lithium Corp. (POWR) opened trading at C$0.85
Clear Sky Lithium (POWR) has announced a non-brokered private placement for gross proceeds of up to $3,000,000.
The company will issue up to 2,400,000 units at $1.25 per unit. Each unit will consist of one common share and one share purchase warrant. Each warrant will entitle the holder to purchase one additional common share for a period of 48 months.
The net proceeds will be used for general operations.
Closing of the offering is subject to the receipt of all necessary corporate and regulatory approvals. All securities issued will be subject to a statutory four-month hold period.
Clear Sky Lithium is an exploration and development company focused on the advancement of North American lithium deposits. The company is also developing claystone extraction and processing technologies.
Clear Sky Lithium Corp. (POWR) opened trading at C$0.85.