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Li-Metal Corp. Completes $750,000 Private Placement to Boost Anode Technology

TORONTO, ON - Li-Metal Corp., a developer specializing in lithium metal anode and production technologies, today reported the successful closure of a non-brokered private placement raising US$750,000. This capital influx aims to advance the commercialization of its innovative anode technology and further general corporate purposes. The completed private placement aligns with the company's strategic push to enhance next-generation battery capabilities.

The company streamlined this funding round to help cultivate its technology which is pivotal for next-generation energy storage solutions. Additional details regarding the financial specifics of this measure were shared in a previous press release on April 19, 2024, and are accessible on Li-Metal's corporate website and SEDAR profile.

R. P.

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