Bullboard - Stock Discussion Forum American Lithium Corp AMLI

Primary Symbol: V.LI

Metals & Mining Industrial Metals & Minerals

American Lithium Corp is a Canada-based company that is engaged in the development of large-scale lithium projects within mining- friendly jurisdictions throughout the Americas. The Company is focused on the development of its strategically located Tonopah Claystone Claims (TLC) Lithium Claystone Project in the mineralized Esmeralda lithium district in Nevada. It also focuses on advancing its... see more

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TSXV:LI - Post Discussion

American Lithium Corp > American Lithium Completes $15.0 Million Funding

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Post by AwareInvestor on Apr 30, 2021 9:01am

American Lithium Completes $15.0 Million Funding

American Lithium Corp. announced last night that it has completed its previously announced non-brokered private placement for aggregate proceeds of $15.0 million. The offering consisted of 7.5 million units sold at $2.00 per unit.

https://thedeepdive.ca/american-lithium-completes-15-0-million-funding/

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Comment by cyber37 on Apr 30, 2021 2:47pm

Is $2 the best they could do? Now this stock will be locked in at this level.....until they can show some results. But money in the kitty is always good. G37

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Comment by Paray99 on May 02, 2021 5:37pm

Not to worry about this one.... I didn't like their tie up with government, otherwise, it has great potential. Governments are usually big dampers in any growth process. Because, politicians money is proportional to the damping coefficient!

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