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NOA Lithium Brines Inc ( (TSE:NOAL) ) just unveiled an update.
NOA Lithium Brines Inc. has announced an increase in its ‘bought deal’ private placement from C$4 million to C$5.5 million due to strong investor demand. The funds raised will be used for the development of the company’s Rio Grande Project in Argentina and general corporate purposes, potentially enhancing its position in the lithium market.
More about NOA Lithium Brines Inc
NOA Lithium Brines Inc. operates in the lithium industry, focusing on the exploration and development of lithium brine projects. The company is primarily engaged in advancing its Rio Grande Project located in the Salta Province of Argentina.
Average Trading Volume: 107,106
Technical Sentiment Signal: Sell
Current Market Cap: C$51.81M
Learn more about NOAL stock on TipRanks’ Stock Analysis page.