A Canadian-listed mining company has pumped in another FJ$30 million to its Fiji project after a successful sale of shares on the market.
Lion One Metals Limited secured CAN$18,715,153 million (FJ$30.3m) to further its Fiji operations.
The announcement followed an upsized non-brokered private placement for gross proceeds of $18,715,153 after the company issued 58,484,853 units at a price of CAN$0.32 (FJ$0.51).
Each warrant will entitle the holder thereof to acquire one common share at an exercise price of CAN$0.42 (FJ$0.62) for a period of three years from the date of issuance, a company statement from board chairman Wally Berukoff said.
read full article | link
