tiprankstipranks
Company Announcements

Lithium Energi Closes Funding and Amends Credit Deal

Story Highlights
Lithium Energi Closes Funding and Amends Credit Deal

Lithium Energi Exploration (TSE:LEXI) has released an update.

Discover the Best Stocks and Maximize Your Portfolio:

Lithium Energi Exploration Inc. has successfully concluded the second and final tranche of its private placement, raising over C$4.1 million. The funds will be used for working capital and general corporate purposes, while an amendment to their credit agreement with Arena Investors, LP, offers conversion rights tied to shareholder approval.

For further insights into TSE:LEXI stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1