First Lithium to Issue Over 21 Million Securities

Ookami Ltd. (AU:FL1) has released an update.

First Lithium Limited has announced a proposed standard pro rata issue of up to 21,229,643 new securities, including both options exercisable at $0.30 and ordinary fully paid shares. The record date for the issue is set for May 13, 2024, with the offer closing on May 24, 2024, and the new securities are expected to be issued by May 31, 2024. This move is likely to generate attention from investors interested in the expanding lithium market.

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