(TheNewswire)
Vancouver, British Columbia / TheNewswire / March 14, 2024– Lithium Lion Metals Inc. (“Lithium Lion” or the “Company”)(CSE: LLM) , is pleased toannounce its intention to complete a non-brokered private placementoffering of units (“ Units ”) for a total target amount of up toC$650,000. The offering will consist of up to 13,000,000 Units pricedat C$0.05 per Unit (the “ Private Placement ”). Each Unit will becomprised one common share in the capital of the Company (a“ Common Share ”) and one common share purchase warrant (a “ Warrant ”), witheach Warrant exercisable for a period of two (2) years at a price ofC$0.055 per Warrant.
All Units issued as part of this offering will besubject to a standard four-month hold period from the date of issue.The Company may close the offering in one or more tranches. TheCompany will not pay any finder’s fees in connection with thePrivate Placement. Insiders of the Company may participate in thePrivate Placement.
About Lithium Lion Metals Inc.
Lithium Lion Metals Inc. is a mineral explorationcompany actively involved in exploring the 13N Project which consistsof 59 mining claims covering approximately 3,107 hectares located inBartouille and Ducros townships in Quebec. For more information pleasevisit: https://www.lithuimlionmetals.com/ .
ON BEHALF OF THE BOARD OFDIRECTORS
David Beck Interim ChiefExecutive Officer
Head Office 305-1770 BurrardSt. Vancouver, British Columbia, V6J3G7
Telephone +1 (604) 4160569
Website www.lithiumlion.ca
Email info@lithiumlion.ca
The CSE and Information Service Provider have notreviewed and does not accept responsibility for the accuracy oradequacy of this release.
Forward-Looking Information
Certain information in this news release may constitute"forward-looking" information that involves known andunknown risks, uncertainties, future expectations and other factorswhich may cause the actual results, performance or achievements of theCorporation or industry results, to be materially different from anyfuture results, performance or achievements expressed or implied bysuch forward looking information. When used in this news release, thisinformation may include words such as "anticipate","estimate", "may", "will","expect", "believe", "plan" and otherterminology. This information reflects current expectations regardingfuture events and operating performance and speaks only as of the dateof this news release.
Except as required by law, we assume no obligation toupdate or revise forward-looking information to reflect new events orcircumstances. Additional information is available in theCorporation’s Management Discussion and Analysis, which canbe found on SEDAR+ at www.sedarplus.ca .
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