19:15:57 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Spod Lithium Corp
Symbol SPOD
Shares Issued 56,199,714
Close 2023-12-13 C$ 0.08
Market Cap C$ 4,495,977
Recent Sedar Documents

Spod Lithium arranges $1.21-million private placement

2023-12-15 20:19 ET - News Release

Mr. Chris Cooper reports

SPOD LITHIUM ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Spod Lithium Corp. will conduct a non-brokered private placement for gross proceeds of up to $1,218,751 through the issuance of up to 9,027,778 units at a price of 13.5 cents per unit, each unit consisting of one flow-through Class A common share and one-half of one transferable Class A common share purchase warrant exercisable for a non-flow-through common share at 12 cents for 24 months from the date of issuance.

The company may pay finders' fees in connection with the offering. The securities issued will be subject to a four-month hold period according to applicable securities laws of Canada. Proceeds from the financing will be used to incur eligible Canadian exploration expenses that are flow-through mining expenditures (as such term is defined in the Income Tax Act (Canada)).

About Spod Lithium Corp.

Spod Lithium is a mineral exploration company focused on the acquisition and development of mineral properties containing battery, base and precious metals. The company's flagship assets are its lithium properties located in the James Bay region of Quebec and the Nipigon and Niemi region of Ontario, Canada.

We seek Safe Harbor.

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