Snow Lake Resources (LITM) said Friday it has closed a public offering of 15.8 million common shares at $0.41 apiece for gross proceeds of about $6.5 million.
The uranium exploration company said proceeds will be used for working capital and general corporate purposes.
Snow Lake shares were more than 14% higher in recent trading.
Price: 0.35, Change: +0.05, Percent Change: +15.89
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