Vital Battery Metals, Inc. (TSE:VBAM) has released an update.
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Vital Battery Metals Inc. has announced a non-brokered private placement aiming to raise $500,000 by offering units at $0.115 each, which include a common share and a half warrant, with full warrants allowing the purchase of additional shares at $0.15 for 24 months. The proceeds are intended for the advancement of the Company’s Sting Property and general working capital. The placement is contingent on Canadian Securities Exchange approval, and while not registered under the U.S. Securities Act of 1933, is available to non-U.S. investors.
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