First Lithium Minerals Corp Completes Flow-Through Financing
First Lithium Minerals (OTC:FLMCF) has completed a flow-through financing, raising gross proceeds of $75,000 through the issuance of 937,500 flow-through shares at $0.08 per share.
The company paid finders fees of $2,450 in cash and issued 30,625 finders warrants, exercisable at $0.08 per share for 18 months. Company insiders participated in the financing, purchasing 500,000 Flow-Through Shares. The securities issued will have a four-month and one-day hold period from closing.
First Lithium Minerals (OTC:FLMCF) ha completato una finanziamento con flusso di cassa, raccogliendo proventi lordi per $75,000 tramite l’emissione di 937,500 Flow-Through Shares a $0.08 a azione.
L’operazione prevede commissioni di almeno $2,450 in contanti ai ricevitori e l’emissione di 30,625 Finder Warrants, exercisabili a $0.08 per 18 mesi. Gli insider dell’azienda hanno partecipato alla raccolta, acquistando 500,000 Flow-Through Shares. I titoli emessi avranno un periodo di lock di quattro mesi e un giorno dalla chiusura.
First Lithium Minerals (OTC:FLMCF) ha completado una financiación con flujo de efectivo, obteniendo ingresos brutos de $75,000 mediante la emisión de 937,500 Flow-Through Shares a $0.08 por acción.
La compañía pagó comisiones a los intermediarios por $2,450 en efectivo y emitió 30,625 Finder Warrants, exercitables a $0.08 por acción durante 18 meses. Los insiders participaron en la financiación, comprando 500,000 Flow-Through Shares. Los valores emitidos tendrán un periodo de retención de cuatro meses y un día desde el cierre.
First Lithium Minerals (OTC:FLMCF)가 흐름형 자금 조달을 완료하여 총 $75,000의 총수익을 937,500 Flow-Through Shares를 주당 $0.08에 발행하여 얻었습니다.
회사는 현금으로 $2,450의 중개 수수료를 지불했고 30,625 Finder Warrants를 발행했으며, 이는 18개월 동안 주당 $0.08에 행사할 수 있습니다. 회사 내부자들은 자금조달에 참여하여 500,000 Flow-Through Shares를 매입했습니다. 발행된 증권은 종가로부터 4개월 1일의 보류 기간을 가집니다.
First Lithium Minerals (OTC:FLMCF) a terminé un financement avec débours en flux, levant des produits bruts de $75,000 grâce à l’émission de 937,500 Flow-Through Shares à $0,08 par action.
La société a versé des frais de courtage de $2,450 en espèces et a émis 30,625 Finder Warrants, exercables à $0,08 par action pendant 18 mois. Des initiés de la société ont participé au financement en achetant 500,000 Flow-Through Shares. Les valeurs émises auront une période de détention de quatre mois et un jour à partir de la clôture.
First Lithium Minerals (OTC:FLMCF) hat eine Flow-Through-Finanzierung abgeschlossen und Bruttoerlöse von $75,000 durch die Emission von 937,500 Flow-Through Shares zu je $0,08 pro Aktie erzielt.
Das Unternehmen zahlte Vermittlungsgebühren in Höhe von $2,450 in bar und emittierte 30,625 Finder Warrants, die für 18 Monate zu einem Ausgabepreis von $0,08 pro Aktie ausübbar sind. Unternehmensinsider nahmen an der Finanzierung teil und kauften 500,000 Flow-Through Shares. Die emittierten Wertpapiere unterliegen einer Haltefrist von vier Monaten und einem Tag ab Abschluss.
First Lithium Minerals (OTC:FLMCF) أكملت تمويلاً بتدفق نقدي، حيث جمعت عائداً إجمالياً قدره $75,000 من خلال إصدار 937,500 Flow-Through Shares بسعر $0.08 للسهم الواحد.
دفعت الشركة عمولات للوسطاء تبلغ $2,450 نقداً وأصدرت 30,625 Finder Warrants قابلة للممارسة بسعر $0.08 للسهم لمدة 18 شهراً. شارك المطلعون في التمويل، حيث اشتروا 500,000 Flow-Through Shares. ستخضع الأوراق المالية الصادرة لفترة احتفاظ مدتها أربعة أشهر ويوم واحد من تاريخ الإغلاق.
First Lithium Minerals (OTC:FLMCF) 已完成一次跟进融资，通过发行 937,500 股 Flow-Through Shares，以每股 $0.08 的价格募集毛额 $75,000。
公司以现金支付中介费 $2,450，并发行 30,625 个 Finder Warrants，可在 18 个月内按每股 $0.08 行使。公司内部人士参与了融资，购买了 500,000 Flow-Through Shares。所发行的证券自成交起有四个月零一天的持有期。
- None.
- Small financing amount indicates limited scope of potential operations
- Dilution of existing shareholders through new share issuance
Toronto, Ontario--(Newsfile Corp. - September 26, 2025) - First Lithium Minerals Corp. (CSE: FLM) (OTC Pink: FLMCF) (FSE: X28) ("First Lithium Minerals" or the "Company") announces that it has completed its previously announced flow-through financing for gross proceeds of
Finders fees were paid totalling
All securities issued under the offering will be subject to a hold period expiring four months and one day from the date of the closing.
Insiders of the Company purchased 500,000 Flow-Through Shares. The participation by the insider constitutes a "related party transaction" within the meaning of the policies of the CSE and Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying upon the exemptions from the formal valuation and minority shareholder approval requirements pursuant to sections 5.5(a) and (b), and 5.7(1)(a), respectively, of MI 61-101 on the basis that neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the transaction insofar as it involves interested parties (within the meaning of MI 61-101) in the financing exceeds
About First Lithium Minerals
First Lithium Minerals is a Canadian mineral exploration and development company. The Company is exploring for lithium and alkali metals at its
Additional information about the Company is available on the Company's website: www.firstlithium.ca
For further information, please contact:
First Lithium Minerals Corp.
40 King Street West, Suite 2400
Toronto, Ontario
M5H 3Y2
Tel: 416-402-2428
Email: rob@firstlithium.ca
Rob Saltsman, CEO and Director
Caution Regarding Forward-Looking Statements
This news release contains "forward-looking information" within the meaning of applicable securities laws. Any such forward-looking information may be identified by words such as "expects", "anticipates", "intends", "contemplates", "believes", "projects", "plans", and similar expressions. Readers are cautioned not to place undue reliance on forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: prospecting and exploration activities, geological, geophysical, and geochemical surveys, its results and interpretation, studies and interpretations of historical exploration and geological information, drill target definition, permitting, licences, environmental laws and regulations, changes in government regulations and laws, obtaining social licence to explore and operate, community engagements, timing of exploration activities, the discovery and delineation of mineral deposits/resources/reserves, general business, economic, competitive, reliance on third parties, the actual results of operations, and other risks of the natural resources industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. The Company disclaims any obligation to update or revise any forward-looking statements information, except in accordance with applicable securities laws. Accordingly, readers should not place undue reliance on forward-looking information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268227
FAQ
How much did First Lithium Minerals (FLMCF) raise in its flow-through financing?
What was the insider participation in FLMCF's flow-through financing?
What are the terms of the finders warrants issued by FLMCF?
What is the hold period for the securities issued in FLMCF's financing?
