$POR is who I am placing bets on The lithium industry is set to see a big boom soon- due to increasing production of EV’s worldwide. Once the global silicone shortage is resolved, production should skyrocket.
And when it does, $POR/ $POR.V is who I wanna be behind. Theyre my current top pick in the market.
A few days ago, they had oversubscription to their last round of private funding. They added shares for an additional 30% of funding goals and ended up raising a total of $650K, instead of the original $500k.
Today they announced the private placement has closed. $POR issued 8.1M share units, w each common share priced at $0.12.
All the proceeds will go towards their exploration projects, like first-phase drilling on their Yergo Lithium project in Argentina.
I’m super confident in this company, and investors are too, clearly.
Td, $POR valued at $10.35M and current share price is $0.125- talk about affordable.
https://ceo.ca/@newsfile/portofino-closes-oversubscribed-private-placement