Eureka Lithium (TSE:ERKA) has released an update.
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Eureka Lithium Corp has successfully completed a second tranche of its non-brokered private placement financing, raising a total of $739,950 by selling 4,933,000 units. These units include a common share and a share purchase warrant, which allows purchasing additional shares at a set price over 24 months. The placement, which utilized the LIFE Exemption, permits the sale of securities without the typical resale restrictions in Canada.
For further insights into TSE:ERKA stock, check out TipRanks’ Stock Analysis page.