Tuesday, July 13, 2021 7:59 PM PDT
Vancouver, British Columbia--(Newsfile Corp. - July 13, 2021) - Battery Mineral Resources Corp. (TSXV: BMR) ("
Battery" or the "
Company") is pleased to announce that it has completed the second and final tranche of its previously announced private placement (the "
Private Placement"). On completion of the second tranche, the Company issued 1,538,462 common shares shares for additional proceeds of US$800,000, for aggregate gross proceeds of US$11.1 million and C$800,000.
As previously disclosed, Battery used a portion of the proceeds of the Private Placement to partially finance the acquisition from Minera Altos de Punitaqui Limitada ("
MAP"), a wholly-owned subsidiary of Xiana Mining Inc. ("