Canada Lithium announces $20m bought-deal financing
Published: Tuesday, 05 March 2013
Company hopes to raise funds for capital projects; financing to close by month end
TSX-listed Canada Lithium Corp. has entered into an agreement with a syndicate of underwriters, led by investment bank Casimir Capital Ltd, to purchase, on a bought-deal basis, almost 27.4m of its common shares.
At a price of Canadian dollar (C$) 0.73/ share ($0.75*) the aggregate gross proceeds from the...