First Lithium Minerals Corp Announces Financing for Exploration

PetroCorp Group (TSE:FLM) has released an update.

First Lithium Minerals Corp has announced a flow-through financing round aiming to raise $40,000 by issuing shares that will fund its exploration project in Ontario. The proceeds will be used for Canadian exploration expenses that are eligible for tax incentives, and will be renounced in favor of the subscribers by the end of 2024. The company focuses on lithium and critical metals exploration in Canada and Chile.

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