Full Circle Lithium Corp. successfully closed a non-brokered private placement, raising C$4.5 million to accelerate growth. The offering included 22.5 million units at C$0.20 each, with each unit consisting of a common share and half a warrant to purchase an additional share at C$0.30. The offering was led by PowerOne Capital Markets Limited and certain insiders subscribed for 450,000 units. FCL plans to advance product development, secure patents, launch retail products, and support expanded operations with the funds raised. The company’s flagship product, FCL-X™, is a lithium-ion battery fire-extinguishing agent.

Read more at GlobeNewswire: Full Circle Lithium Announces Closing of C$4.5 Million