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COMET ANNOUNCES FINAL CLOSING FOR ADDITIONAL PROCEEDS OF $588,991, AND A TOTAL OF A PRIVATE PLACEMENT OF $2.58 MILLION
COMET ANNOUNCES FINAL CLOSING FOR ADDITIONAL PROCEEDS OF $588,991, AND A TOTAL OF A PRIVATE PLACE...
About this update from Comet Lithium Corp
[{"type":"text","content":"\n \n \n \n COMET ANNOUNCES FINAL CLOSING FOR ADDITIONAL PROCEEDS OF $588,991, AND A TOTAL OF A PRIVATE PLACEMENT OF $2.58 MILLION\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n \n ROUYN-NORANDA, QC\n \n \n ,\n \n \n Dec. 21, 2023\n \n \n /CNW/ - Comet Lithium Corporation (TSXV: CLIC) ) (FSE: 8QY) (\"\n \n Comet Lithium\n \n \" or the \"\n \n Corporation\n \n \") is pleased to announce that it has held a second and final closing of a non-brokered private placement (the \"\n \n Private Placement\n \n \") in which it issued 1,048,000 common shares (the \"\n \n Shares\n \n \") at a price of\n \n $0.50\n \n per Share, and 76,461 \"flow-through\" common shares (the \"\n \n Flow-Through Shares\n \n \") at a price of\n \n $0.85\n \n per Flow-Through Share, for aggregate gross proceeds to Comet Lithium of\n \n $588,991.85\n \n .\n \n \n Comet Lithium will use the net proceeds from the sales of the Shares for general and administrative purposes and for exploring the Corporation's mining properties and will use the net proceeds from the sales of the Flow-Through Shares for exploring the Corporation's mining properties the located in the provinces of Québec, with a focus on its 100%-owned Liberty and Troilus lithium properties.\n \n \n \"The completion of this financing marks another great milestone for Comet Lithium as we are now well positioned to move our 2024 exploration plans forward. We look forward to receiving the results from our gravity survey, as we move towards the drilling phase at our Liberty Property\", commented\n \n Vincent Metcalfe\n \n , Executive Chairman.\n \n \n As previously announced, following a first closing of the private placement held on\n \n December 18, 2023\n \n , Comet Lithium issued 1,673,000 Shares as well as 1,356,836 Flow-Through Shares for aggregate gross proceeds to Comet Lithium of\n \n $1,989,810.60\n \n . As a result of the s...