06:42:03 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Millennial Lithium Corp
Symbol ML
Shares Issued 72,523,334
Close 2018-03-14 C$ 3.14
Market Cap C$ 227,723,269
Recent Sedar Documents

Millennial Lithium 6.9-million-unit prospectus offering

2018-03-14 16:36 ET - Prospectus Approved

Effective March 5, 2018, the company's prospectus dated March 5, 2018, was filed with and accepted by the TSX Venture Exchange, and filed with and receipted by the British Columbia, Ontario, Alberta, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland and Labrador securities commissions, pursuant to the provisions of the Securities Act.

The TSX Venture Exchange has been advised that closing occurred on March 13, 2018, for gross proceeds of $24.15-million (including $3.15-million from the full exercise of the overallotment option).

Underwriters:  Canaccord Genuity Corp., Cantor Fitzgerald Canada Corp., Cormark Securities Inc. and Sprott Private Wealth LP

Offering:  6.9 million units (including 900,000 units from the full exercise of the overallotment option) (Each unit consists of one common share and one-half warrant.)

Unit price:  $3.50 per unit

Warrant exercise price/term:  $4.25 per share for 24 months from closing

Underwriters' warrants:  414,000 non-transferable warrants exercisable to purchase one common share at $3.50 per share for 24 months from closing

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