Vital Battery Metals to raise $1,083,333 through private placement for exploration and working capital.

From GlobeNewswire.: 2025-04-02 18:45:00

Vital Battery Metals Inc. plans to raise up to $1,083,333 through a private placement financing of 16,666,667 units at $0.065 per unit. Each unit includes one common share and one warrant exercisable at $0.10 for two years. The company will use the proceeds for exploration and general working capital purposes. The units will be offered to qualified investors with a hold period of four months and one day. This offering is not available to U.S. persons. Vital Battery Metals Inc. is focused on developing strategic projects in stable jurisdictions, with its current focus on advancing the Sting Copper Project in Newfoundland and Labrador.



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