Critical Elements Announces Upsizing of Previously Announced Bought Deal Private Placement
THIS NEWS RELEASE IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.Critical Elements Lithium Corporation is pleased to announce that in connection with its previously announced bought deal private placement offering the Corporation and a syndicate of underwriters led by Paradigm Capital Inc. and Cantor Fitzgerald Canada Corporation and including Stifel …
THIS NEWS RELEASE IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Critical Elements Lithium Corporation (the “Corporation” or “Critical Elements”) (TSXV:CRE)(OTCQX:CRECF)(FSE:F12) is pleased to announce that in connection with its previously announced bought deal private placement offering (the “Offering”), the Corporation and a syndicate of underwriters led by Paradigm Capital Inc. and Cantor Fitzgerald Canada Corporation (the “Co-Lead Underwriters”) and including Stifel GMP and Raymond James Ltd. (together with the Co-Lead Underwriters, the “Underwriters”) have agreed to increase the size of the Offering to raise total gross proceeds of $15,000,040. The Corporation will now issue 13,636,400 Units of the Corporation at $1.10 per Unit (the “Issue Price