LithiumBank targets C$5.4 million raise for Boardwalk lithium brine feasibility study

Reuters2026/08/27 21:42

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LithiumBank launched a non-brokered private placement of up to 9,000,000 units at CAD 0.6 to raise up to CAD 5.4 million.
Each unit includes one share, one non-transferable warrant exercisable at CAD 0.9 for 24 months from issuance.
Net proceeds earmarked for a feasibility study at the Boardwalk Lithium Brine Project in northwest Alberta, with remaining funds for working capital.
Closing targeted for Aug. 28, subject to TSX Venture Exchange approval.

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. LithiumBank Resources Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608271742NEWSFILECNPR____20260827_311908_1) on August 27, 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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LithiumBank targets C$5.4 million raise for Boardwalk lithium brine feasibility study

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