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NOA Lithium Brines Inc ( (TSE:NOAL) ) just unveiled an announcement.
NOA Lithium Brines Inc. has announced a ‘bought deal’ private placement agreement with Red Cloud Securities Inc. to raise approximately C$4 million through the sale of 15,384,616 units. The proceeds from this offering are intended to support the advancement of the company’s Rio Grande Project in Argentina and for general corporate purposes. The offering is structured to comply with various securities regulations in Canada and the United States, with the closing expected around November 20, 2025, pending necessary approvals.
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: 88,689
Technical Sentiment Signal: Hold
Current Market Cap: C$63.68M
Find detailed analytics on NOAL stock on TipRanks’ Stock Analysis page.