Blanton Resources Corp. (TSE:USLI) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
American Salars Lithium Inc. has announced a non-brokered private placement aiming to raise $2 million by offering 10 million units at $0.20 each, to fund its exploration and development activities, including the Candela II Lithium Brine Project. This project boasts an estimated 457,500 tonnes of lithium carbonate equivalent, with lithium carbonate prices recently surging by approximately 20% in 2024. The funds will also be allocated to general working capital and increasing project awareness.
For further insights into TSE:USLI stock, check out TipRanks’ Stock Analysis page.