Eureka Lithium Corp Announces Closing of Private Placement

Core Points - Eureka Lithium Corp. has successfully closed a non-brokered private placement financing, issuing 9,984,993 units for gross proceeds of $823,761.92 [1][2] - Each unit consists of one common share and one purchase warrant, with the warrant allowing the purchase of a share at an exercise price of $0.11 for 24 months [2] - The proceeds from the offering will be used for mineral exploration properties and general working capital [2] Company Overview - Eureka Lithium is the largest lithium-focused landowner in the Nunavik region of Quebec, owning three projects covering 1,408 sq. km [4] - The projects are located near two operating nickel mines with deep-sea port access, enhancing their strategic value [4]