17:31:48 EDT Thu 18 Apr 2024
Enter Symbol
or Name
USA
CA



Millennial Lithium Corp
Symbol ML
Shares Issued 53,625,650
Close 2017-10-13 C$ 1.83
Market Cap C$ 98,134,940
Recent Sedar Documents

Millennial Lithium 9.2-million-unit prospectus offering

2017-10-13 18:19 ET - Prospectus Approved

Effective Oct. 13, 2017, the company's prospectus dated Sept. 14, 2017, was filed with and accepted by the TSX Venture Exchange, and filed with and receipted by the British Columbia Securities Commission, pursuant to the provisions of the Securities Act.

The TSX Venture Exchange has been advised that closing occurred on Sept. 26, 2017, for gross proceeds of $11.5-million.

Offering:  9.2 million units, including the full exercise of the overallotment option (Each unit consists of one share and one-half of one share purchase warrant.)

Unit price:  $1.25 per unit

Warrant exercise price/term:  $1.50 per share to Sept. 26, 2019

Agents' warrants:  484,924 non-transferable warrants exercisable to purchase one share at $1.25 per share to Oct. 12, 2019 (The agents also received a cash commission of $606,155 and a corporate finance fee of 50,000 common shares at a deemed price of $1.25 per common share.)

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