Weekapaug Lithium Limited (TSE:GRUV) has released an update.
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Weekapaug Lithium Limited has successfully completed a $700,000 financing round through its fully subscribed LIFE Offering, aimed at funding property development and general corporate needs. The Canadian mineral exploration company issued over 23 million units at $0.03 each, which includes a share and half a share purchase warrant. The raised capital will also assist in repaying certain debts, as the company continues to develop its lithium and hydrogen properties in Northern Ontario.
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