- Foremost Lithium Resource & Technology (OTCPK:FRRSF) announced an increase to its earlier announced non-brokered private placement flow through common shares.
- Under the terms, the company plans to offer 4.9M FT shares at $0.34/FT share for gross proceeds of ~C$1.7M.
- Net proceeds will be used for exploration expenses on mineral properties in Manitoba while remaining will be used for general and administrative expenses.
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