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Champion Electric Metals Inc C.LTHM

Alternate Symbol(s):  CHELF

Champion Electric Metals Inc. is a discovery-focused exploration company. The Company is engaged in advancing its prospective lithium projects in Quebec, Canada and cobalt projects in Idaho, United States. In addition, the Company owns the Champagne polymetallic project in Butte County near Arco. Its Champion Electric Lithium Project in Quebec is comprised of a total of 1036 claims, which covers an area of over 529.17 square kilometers (km2) in the Eeyou Istchee James Bay territory. The Champion Electric Lithium Project neighbors Patriot Battery Metals’ Corvette claims and the Winsome Cancet claims. It owns approximately 622 staked mining claims covering approximately 6,871 hectares (16,975 acres) in northern Idaho, in four claim blocks, referred to as the Victory Project, the Fairway Project, the Twin Peaks Project and the Ulysses Project (Idaho Cobalt Project). The Champagne deposit contains gold and silver mineralization located in Idaho, United States of America.


CSE:LTHM - Post by User

Post by Mapleleaf57on Jul 30, 2020 2:00pm
213 Views
Post# 31345237

Deal Completed

Deal Completed TORONTO, ON / ACCESSWIRE / July 30, 2020 / Idaho Champion Gold Mines Canada Inc. (CSE:ITKO) ("Champion" or the "Company"), announces that it has completed its previously announced bought deal prospectus offering of 26,910,000 units of the Company (the "Units") at a price of $0.30 per Unit for aggregate gross proceeds of $8,073,000, which included the exercise of the underwriters' over-allotment option in full (the "Offering"). Each Unit comprises one common share in the capital of the Company (each, a "Common Share") and one-half of one Common Share purchase warrant (each whole Warrant, a "Warrant"). Each whole warrant is exercisable to acquire one Common Share (a "Warrant Share") for a period of 36 months following the closing of the Offering at an exercise price of $0.45 per Warrant Share.
https://www.stockwatch.com/News/Item?bid=Z-C%3aITKO-2941350&symbol=ITKO&region=C
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