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American Lithium Completes $35 Million Private Placement


On November 3, 2021, American Lithium Corp. closed a private placement of 13,208,000 units at a price of $2.65 per unit for gross proceeds of approximately $35 million.

The placement was co-led by Eight Capital, Echelon Wealth Partners Inc. and TD Securities Inc., on behalf of a syndicate of agents that included Roth Canada, ULC.

Cassels acted for American Lithium.

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