Millennial Lithium prospectus offering, warrant listing
2021-02-09 15:47 MT - Prospectus Approved
The TSX Venture Exchange has been advised that the closing occurred on Feb. 11, 2021, for gross proceeds of $34.5-million.
Underwriters: Cantor Fitzgerald Canada Corp., Sprott Capital Partners LP and Mackie Research Capital Corp.
Offering: 8,625,000 units (Each unit consists of one share and one-half of one common share purchase warrant.)
Unit price: $4 per unit
Warrant exercise price/term: $4.80 per share to Feb. 11, 2024
Effective at the opening on Feb. 11, 2021, the warrants of the company will commence trading on the TSX Venture Exchange. The company is classified as a mineral exploration/development company.
Capitalization: up to 4,571,250 warrants, authorized by a warrant indenture dated Feb. 11, 2021, of which 4,312,500 warrants are issued and outstanding
Trading symbol: ML.WT
Cusip No.: 60040W 14 7
One warrant entitles the holder to purchase shares at a price of $4.80 per share and will expire on Feb. 11, 2024. |
