NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V
Post# of 86
Lithium-focused exploration company Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) on Monday announced its receipt of subscriptions for a further $426,000 of the company’s $1.00 unit offering. According to the update, Standard Lithium has accepted the subscriptions and has issued 426,000 units, each at price of $1.00, with each unit consisting of one company common share and one-half-of-one common share purchase warrant (each whole warrant, a “warrant”). Holders of each warrant are entitled to acquire one additional common share of the company, at a price of $1.30 per share, for a period of thirty-six months and subject to adjustment in certain events.
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