NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V
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Posted On: 03/21/2019 4:12:24 PM
NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Closes $11.4M Bought Deal Including Partial Exercise of Over-Allotment Option
Lithium-focused exploration company Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) today indicated that it has closed its previously announced bought deal offering, including partial exercise of the over-allotment option. According to the update, a total of 11,390,500 company units were issued at a price of $1.00 each for gross proceeds of $11,390,500. Each unit consists of one common share and one-half of one common share purchase warrant of the company (each whole common share purchase warrant). Until March 21, 2022, each warrant is exercisable to acquire one common share of the company at an exercise price of $1.30 per share, subject to adjustment in certain events.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Lithium-focused exploration company Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) today indicated that it has closed its previously announced bought deal offering, including partial exercise of the over-allotment option. According to the update, a total of 11,390,500 company units were issued at a price of $1.00 each for gross proceeds of $11,390,500. Each unit consists of one common share and one-half of one common share purchase warrant of the company (each whole common share purchase warrant). Until March 21, 2022, each warrant is exercisable to acquire one common share of the company at an exercise price of $1.30 per share, subject to adjustment in certain events.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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