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10 Feb
15:07

LITHIUM: Cypress doubles bought deal to fund Nevada project

Canada-based Cypress Development Corp says it has upsized its previously announced bought deal to CAD 17 million ($13.4m) with the proceeds going to fund the company’s Clayton Valley lithium project in Nevada, Kallanish reports. The company offered 13.6m units at a price of CAD 1.25/unit. Each unit consisted of one common share and one common share warrant that must be used within 36 months. The size of the offering was increased due to strong investor deman…
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