Business
Vision Lithium Announces Non-Brokered Private Placement for Gross Proceeds of up to $2,000,000
Vision Lithium Announces Non-Brokered Private Placement for Gross Proceeds of up to $2,00...
About this update from Vision Lithium, Inc.
[{"type":"text","content":"\n \n \n \n Vision Lithium Announces Non-Brokered Private Placement for Gross Proceeds of up to $2,000,000\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 VAL-D'OR, QC, Nov. 18, 2020\n \n \n \n \n \n /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n VAL-D'OR, QC\n \n ,\n \n Nov. 18, 2020\n \n /CNW/ - Vision Lithium Inc. (TSXV: VLI) (OTC PINK: ABEPF) (the \"\n \n Company\n \n \" or \"\n \n Vision Lithium\n \n \") is pleased to announce a proposed non-brokered private placement of up to 100,000,000 units of the Company (the \"\n \n Units\n \n \") at a price of\n \n $0.02\n \n per Unit for aggregate gross proceeds of up to\n \n $2,000,000\n \n (the \"\n \n Offering\n \n \"). Each Unit will consist of one common share of the Company (a \"\n \n Share\n \n \") and one common share purchase warrant (a \"\n \n Warrant\n \n \"), with each Warrant entitling the holder thereof to purchase one Share at price of\n \n $0.05\n \n per Share for a period of 3 years following the closing of the Offering.\n \n \n The Company intends to use the proceeds of the Offering for exploration of certain of its properties and for general corporate and working capital purposes.\n \n \n The Company may pay finders' fees in connection with the Offering in cash, shares, warrants or a combination thereof. All securities to be issued under the Offering will be subject to a hold period of four months and one day from their date of issuance. The Offering remains subject to the approval of the TSX Venture Exchange.\n \n \n The offered securities have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in\n \n the United States\n \n absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.\n...