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An update from Full Circle Lithium Corp ( (TSE:FCLI) ) is now available.
Full Circle Lithium Corp has increased its non-brokered private placement offering to C$4.5 million due to strong investor interest. The offering, led by PowerOne Capital Markets Limited, will consist of up to 22.5 million units at C$0.20 per unit, with proceeds intended for product development and other corporate needs. This move is expected to bolster the company’s operational capabilities and market positioning, particularly in the lithium-ion battery safety sector.
More about Full Circle Lithium Corp
Full Circle Lithium Corp is a USA-based company specializing in the development of innovative lithium-ion battery fire-extinguishing agents. Their primary product, FCL-X™, is a non-hazardous, water-based solution designed to combat lithium-ion battery fires, offering fast heat dissipation and minimal clean-up. The company is backed by a technical team with extensive experience in lithium, fire, and safety training.
Average Trading Volume: 21,948
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$8.82M
Learn more about FCLI stock on TipRanks’ Stock Analysis page.