Core Viewpoint - Vision Lithium Inc. is proposing a non-brokered private placement of up to 25,000,000 common shares at a price of $0.02 per share, aiming for aggregate gross proceeds of up to $500,000, which will qualify as "flow-through shares" under Canadian tax laws [1][2]. Group 1: Offering Details - The proceeds from the sale will be utilized for eligible "Canadian exploration expenses" related to the Company's projects in Quebec, specifically for "flow-through critical mineral mining expenditures" [2]. - The Company may pay finders' fees in cash, shares, warrants, or a combination thereof, and all securities issued will be subject to a hold period of four months and one day from their issuance date [3]. - The Offering is subject to approval from the TSX Venture Exchange [3]. Group 2: Company Overview - Vision Lithium Inc. is a junior exploration company focused on high-quality mineral assets, including lithium and copper, in Canada [5]. - The Company has completed a positive Preliminary Economic Assessment (PEA) on its Sirmac lithium project in 2023 and is committed to discovering new assets and bringing them to production [5].
Vision Lithium Announces Flow-Through Private Placement for Gross Proceeds of up to $500,000
TMX Newsfile·2025-12-16 12:00