Edison Lithium Plans Private Placement of Up to $1.9 Million
Bitget2026/10/28 01:07- Edison Lithium announced plans on October 27, 2026, for a non-brokered private placement raising up to approximately $1.9 million.
- The offering comprises up to 27,142,857 units priced at $0.07 each.
- Each unit includes one common share and one common share purchase warrant, exercisable at $0.10 for 36 months from issuance.
- Net proceeds will fund exploration, general working capital and corporate purposes.
- Completion remains subject to TSX Venture Exchange acceptance, including final approval of the related reviewable transaction.
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