Aug. 6 at 2:43 PM
Noble Capital Markets Research Report: Century Lithium Corp. (
$CYDVF) – First Tranche of Financing Closed; Angel Island Added to the Federal Permitting Dashboard
First tranche of LIFE offering closed. Century Lithium recently closed the first tranche of its previously announced the Listed Issuer Financing Exemption (LIFE) offering of up to 16,666,667 units at a price of C
$0.30 per unit for gross proceeds of up to C
$5,000,000. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one common share at an exercise price of C
$0.45 for a period of 60 months following the issuance of the units. In the first tranche, Century issued a total of 9,559,833 units for aggregate gross proceeds of C
$2,867,950. Certain directors and officers of the company purchased a total of 168,333 units in the initial closing.
Read more: https://www.channelchek.com/news-channel/century-lithium-corp-cydvf-first-tranche-of-financing-closed-angel-island-added-to-the-federal-permitting-dashboard