Century Lithium completes private placement

Goodmans LLP advised Century Lithium Corp. in connection with the closing of a C$7 million listed issuer financing exemption offering (the “Life Offering”) of its 14,893,616 units.

Century Lithium intends to use the net proceeds raised from the offering to primarily carry out the next phase of technical and permitting work on its Angel Island lithium project in Esmeralda County, Nevada, to support ongoing operations and to fund general working capital needs.

Century Lithium is a Vancouver-based advanced-stage lithium development company that has developed a patent-pending process to produce battery-grade lithium carbonate.