Lithium South Development (TSE:LIS) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Lithium South Development Corporation has successfully concluded a non-brokered private placement, raising $3.9 million by issuing over 13 million units at $0.30 each. The funds will fuel the advancement of their HMN Lithium Project in Argentina and bolster general working capital. Finder’s fees and advisory fees were paid in cash and warrants, with final approval pending from the TSX Venture Exchange.
For further insights into TSE:LIS stock, check out TipRanks’ Stock Analysis page.