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First Lithium Minerals Corp Completes Flow-Through Financing
Newsfile· 2025-09-26 21:53
Toronto, Ontario--(Newsfile Corp. - September 26, 2025) - First Lithium Minerals Corp. (CSE: FLM) (OTC Pink: FLMCF) (FSE: X28) ("First Lithium Minerals" or the "Company") announces that it has completed its previously announced flow-through financing for gross proceeds of $75,000. The Company issued 937,500 flow-through shares (the "Flow-Through Shares") at an issue price of $0.08 per share.Finders fees were paid totalling $2,450 of cash and 30,625 finders warrants, with each finder warrant exercisable int ...
First Lithium Minerals Announces Flow-Through Financing
Newsfile· 2025-09-05 10:00
Core Viewpoint - First Lithium Minerals Corp. is initiating a flow-through financing to raise up to $600,000 through the issuance of flow-through shares at an issue price of $0.08 per share [1][2]. Financing Details - The company plans to issue up to 7,500,000 flow-through shares [1]. - The gross proceeds will be allocated to eligible Canadian exploration expenses related to the company's properties in Ontario [2]. - The qualifying expenditures will be renounced in favor of subscribers by December 31, 2025, totaling at least the gross proceeds raised [2]. Securities Information - All securities issued under the offering will be subject to a hold period of four months and one day from the closing date [3]. Company Overview - First Lithium Minerals is a Canadian mineral exploration and development company focused on lithium and alkali metals at its Ascotan Project in Chile, covering approximately 1,775 hectares [4]. - The company is also exploring for gold and critical metals at its Lidstone project, which consists of 17,300 hectares of mining claims in northwestern Ontario [4].