Beyond Lithium Announces Amended LIFE Offering and Debt Settlement Agreement
Newsfile·2025-07-29 11:30

Core Viewpoint - Beyond Lithium Inc. has amended its non-brokered private placement offering and debt settlement agreement, aiming to raise up to C$300,000 through the issuance of units priced at C$0.03 each [1]. Group 1: Offering Details - The amended offering will consist of up to 10,000,000 units, with each unit comprising one common share and one-half of a common share purchase warrant, allowing the purchase of one share at C$0.10 for 24 months [1]. - The amended debt settlement involves the issuance of 2,800,000 units at a deemed price of C$0.03 per unit to settle an outstanding debt of C$84,000 [1]. - The offering will be conducted under the LIFE exemption, allowing for no resale restrictions in Canada, except Quebec [2]. Group 2: Use of Proceeds - The net proceeds from the amended offering will be allocated for general working capital, mineral property exploration, marketing, and other specified expenditures [4]. - The offering is scheduled to close on or about August 29, 2025, contingent upon raising a minimum of C$150,000 [4]. Group 3: Regulatory and Compliance - The company has filed an amended offering document accessible on SEDAR+ and its website, which prospective investors are encouraged to review [3]. - All securities issued under the amended debt settlement will be subject to a hold period of four months and one day from the issuance date [5].

Beyond Lithium Announces Amended LIFE Offering and Debt Settlement Agreement - Reportify