Snow Lake Energy Announces Pricing of US$15 Million Public Offering

Company Overview - Snow Lake Resources Ltd., operating as Snow Lake Energy, is a Canadian clean energy exploration company listed on NASDAQ under the ticker LITM, with a portfolio that includes two uranium projects and two hard rock lithium projects [9] Offering Details - The company announced a public offering of 18,750,000 common shares at a price of US$0.80 per share, aiming for total gross proceeds of approximately US$15,000,000 before expenses [6] - The offering is being conducted under a shelf registration statement filed with the U.S. SEC, and the expected closing date is December 31, 2024, pending customary conditions [2][6] Project Focus - The current focus of Snow Lake is on advancing the exploration of its uranium projects to support the clean energy transition, while exploration on its lithium projects will be limited until the lithium market recovers [4]