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New Tech Lithium Corp ( (TSE:KCLI) ) just unveiled an update.
American Critical Minerals Corp has announced a $4 million bought deal offering and a concurrent $2 million non-brokered private placement, aiming to raise a total of $6 million. The proceeds are intended for working capital and general corporate purposes, with the offering expected to close around October 27, 2025, pending regulatory approvals. This financial move is set to strengthen the company’s operational capabilities and market positioning.
More about New Tech Lithium Corp
American Critical Minerals Corp operates in the mining industry, focusing on the extraction and development of critical minerals such as potash and lithium. The company is involved in the Green River Potash and Lithium Project located in Utah’s Paradox Basin, which is a key area for mineral production.
Average Trading Volume: 217,538
Technical Sentiment Signal: Buy
Current Market Cap: C$24.13M
See more data about KCLI stock on TipRanks’ Stock Analysis page.