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American Critical Minerals raised $1M to advance its Green River lithium and bromine project.
American Critical Minerals raised $1 million in a private placement by issuing 5 million units at $0.20 each, with each unit including one share and half a warrant exercisable at $0.30 until September 16, 2027.
Proceeds will fund development at the Green River Project, including lithium and bromine exploration, technical reporting, regulatory fees, and working capital.
The company paid $47,400 and issued 237,000 warrants to brokers for their role in the offering.
Insiders bought 100,000 units, triggering a related party transaction exempt from certain approvals due to low value relative to market cap.
Securities are subject to a hold period under Canadian law.
American Critical Minerals recaudó $ 1M para avanzar en su proyecto de litio y bromo de Green River.