- Snow Lake Sources (NASDAQ:LITM), doing enterprise as Snow Lake Power priced public providing of 18.75M shares at a public providing value of $0.80 per share.
- All the shares within the providing are being provided by the corporate.
- Complete gross proceeds are anticipated to be roughly $15M.
- The providing is anticipated to shut on December 31, 2024.
- Web proceeds can be primarily used for working capital and common company functions.
- The inventory value dropped 31% to $1.10 on Friday throughout after hours of buying and selling.