Vinland Lithium closes first tranche of private placement, raises $139,320 in flow-through units
Bitget2026/09/25 11:31- Vinland Lithium closed a first tranche of a C$0.48 flow-through unit private placement, raising C$139,320 gross.
- Issued 290,250 FT Units, each with one flow-through share plus one warrant exercisable at C$0.70 for 24 months.
- Insiders bought 98,000 FT Units for C$47,040, triggering a related-party transaction exemption under MI 61-101.
- Proceeds earmarked for exploration at the Killick project, targeting lithium, cesium, and tungsten.
- Paid C$2,368.80 in finders’ fees; issued 3,135 broker warrants; financing remains subject to final TSXV approval.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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