Welcome to our dedicated page for FE BATTERY METALS news (Ticker: $FEMFF), a resource for investors and traders seeking the latest updates and insights on FE BATTERY METALS stock.
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FE Battery Metals Corp. has successfully closed the first tranche of a non-brokered private placement, raising gross proceeds of up to $1,000,000. The Company issued 1,739,130 common shares at $0.23 per share, generating $400,000 in proceeds. In addition, 6% in finders' fees of $23,400 were paid. The funds raised will be utilized for general working capital and further exploration efforts in Quebec. The Company also granted incentive stock options to certain individuals to purchase up to 1,200,000 common shares at $0.18 per share.
