Mar. 5 at 6:53 PM
$REZZF
GLOBAL BATTERY METALS CLOSES PP FINANCING
Vancouver, BC– 3/2/ 26 – Global Battery Metals Ltd. announces, further to its news release of Jan 20, 26, the closing of its non-brokered PP offering of 7,000,000 units at a price of
$0.09 per Unit raising gross proceeds of
$630,000 . Each Unit comprises one common sh of the Co and one common sh purchase warrant of the Co whereby each Warrant entitles the holder thereof to acquire one additional Sh at a price of
$0.12 until 3/2/29.
No finder’s fees were applicable and the Co intends to use the proceeds raised from the Offering to cover expenses involved in future project evaluation and for general working capital purposes.
All securities issued in connection with the Offering are subject to a statutory hold period expiring 7/3/26, being the date that is 4 months and a day from the dte of issuance in accordance with applicable securities laws. The Offering remains subject to final acceptance by the TSX Venture Exchange.
