Lithium Chile closes first tranche of $1.5mn private placement

Lithium Chile Inc. is pleased to announce it has closed on $755,000 of its previously announced $1,500,000 private placement of units (the Offering). The Offering is fully subscribed and closing of the second tranche is anticipated in the next 10 days. Pursuant to the first tranche of the Offering, Lithium Chile paid cash commissions to qualified non-related parties of $41,800 and issued 418,000 broker warrants.

Source: FinanzNachrichten