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Megawatt Completes Private Placement and Hires Marketer

Megawatt Completes Private Placement and Hires Marketer

Megawatt Lithium And Battery Metals Corp. (TSE:MEGA) has released an update.

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Megawatt Lithium And Battery Metals Corp. has successfully completed the final portion of its private share placement, raising $130,000 by issuing 1.3 million shares at $0.10 each. The funds are earmarked for property payments, exploration, and general working capital. Additionally, the company has engaged Outside The Box Capital for marketing services, with a six-month agreement commencing January 29, 2024, and a fee of CAD$150,000 plus potential extra monthly marketing costs.

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

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