Media Releases › Lithium Universe View All Lithium Universe News Lithium Universe Completes Share Placement and Launches Entitlement Offer 30 Oct 2024 11:10 AM Highlights Binding commitments received to raise $2.14 million Launch of pro-rata Non-Renounceable Entitlement Offer to raise $1.02 million Issue price of the Placement and Entitlement Offer is $0.0125 per share A total of $3.16 million in capital raising Participants in Placement and Entitlement Offer to receive free attaching options On the basis of 1 option for every 1 share issued with exercise price of $0.03 and expiry date of 12 January 2026 Tranche 2 Shares and all Options to be issued under the Placement are subject to shareholder approval Funds will mainly be used to complete the Bécancour Lithium Refinery DFS Maintains momentum, closer to establishing a lithium refinery in Bécancour For more information, download the attached PDF. Download this document