Full Circle Lithium Corp (TSE:FCLI) has released an update.
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Full Circle Lithium Corp. successfully completed an oversubscribed private placement, raising $1,578,000 to fund the advancement of their proprietary lithium battery fire-fighting agent, F C L – X ™, and for general capital purposes. The offering included over 6 million units sold at $0.25 each, with a 24-month warrant attached for additional share purchase at $0.35. Notably, insiders participated, acquiring over a million units under regulatory exemptions.
For further insights into TSE:FCLI stock, check out TipRanks’ Stock Analysis page.