Fully subscribed non-brokered deal sells 6,060,606 shares at C$1.65
By Devika Patel
Knoxville, Tenn., July 5 – Lithium X Energy Corp. said it increased its fully subscribed non-brokered private placement of stock to C$10 million from C$8.25 million. The deal priced on June 30.
The company will now sell 6,060,606 common shares at C$1.65 per share. The price per share is a 1.2% discount to the June 29 closing share price of C$1.67.
The lithium exploration and development company is based in Vancouver, B.C.
| Issuer: | Lithium X Energy Corp.
|
| Issue: | Common shares
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| Amount: | C$10 million
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| Shares: | 6,060,606
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| Price: | C$1.65
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| Warrants: | No
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| Agents: | Non-brokered
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| Pricing date: | June 30
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| Upsized: | July 5
|
| Stock symbol: | TSX Venture: LIX
|
| Stock price: | C$1.67 at close June 29
|
| Market capitalization: | C$87.83 million
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