Greenlane Holdings, a leading cannabis accessories and vaporization products company, announced a $6.5 million private placement to fuel working capital and general corporate purposes, including the nationwide distribution of its Safety Strips fentanyl test strips. The investment follows Greenlane’s recent initiative to combat the opioid crisis with its FDA-validated fentanyl detection technology.
International Battery Metals Ltd. (the “Company”) has announced its intention to complete a subsequent closing of its previously announced strategic private placement (the “Private Placement”). The Private Placement will see the issuance of a minimum of 8,478,246 units at a price of per unit for gross proceeds of (approximately ). The proceeds of the Private Placement will be used for expenditures to increase the production capacity of the Company’s modular direct lithium extraction plant (the “DLE Plant”) as well as general working capital purposes.
International Battery Metals Ltd. has successfully concluded a non-brokered private placement financing, raising USD$8.2 million in gross proceeds. The proceeds will be used to meet commitments for the deployment of the company’s modular direct lithium extraction plant in the western United States and for general working capital purposes. The company also announced changes in its leadership and the discontinuation of its previously announced marketed private placement offering.
Vortex Metals Inc. announced the closing of its previously announced non-brokered private placement of 19,369,411 units at a price of $0.068 per unit, resulting in aggregate gross proceeds of $1,325,882. Each unit consists of one common share and one-half of a non-transferable share purchase warrant. The warrants entitle holders to purchase an additional share at a price of $0.10 per share for 24 months from the date of issuance. The proceeds will be used for general working capital and exploration expenses.
Prospector Metals Corp. (TSXV: PPP) has announced a non-brokered private placement of flow-through units to raise up to C$750,000. The offering is expected to close on or around May 6th. The proceeds will be used for preliminary assessment work and prospecting of the ML Property in Yukon Territory.
