Li-FT Power announces bought-deal offering of 6,900,000 shares at C$ 2.9 for C$ 20.01 million

Reuters2026/08/04 22:17

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Li-FT Power launched a C$20.01 million bought-deal public offering of 6,900,000 common shares at C$2.9 each.
Underwriters received a 30-day option to buy up to 15% more shares at the same price.
Net proceeds earmarked for first-year care and maintenance costs during the Renard option period, remaining funds for working capital.
Closing targeted for about Aug. 12, 2026, subject to conditions including TSX Venture Exchange conditional acceptance.
Avenir Minerals expected to participate under an investor rights agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Li-FT Power Ltd. published the original content used to generate this news brief on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Li-FT Power announces bought-deal offering of 6,900,000 shares at C$ 2.9 for C$ 20.01 million

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