Salares and Talison Close $40 Million Growth Financing

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Thu, Aug 19, 2010
Lithium Company News
Post by Geetha Raghavan, Lithium Research Manager

Salares Lithium Inc. (CVE:LIT) reports closing of its previously announced CAD$40 million brokered private placement.

The Private Placement of subscription receipts of Salares (“Subscription Receipts”) consists of a total of 32,128,515 Subscription Receipts being issued at CAD$1.245 per Subscription Receipt for total gross proceeds of $40,000,001.18.

For complete news release, click here.

For Salares’ company profile, click here.

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