FMC Corporation (NYSE: FMC) will rebrand its lithium materials business as Livent Corporation following the previously announced plan to separate FMC Lithium into a publicly traded company.
Technology/battery metals: lithium, cobalt, graphite, uranium, platinum, titanium, neodymium, palladium, magnesium, silver
Advantage Lithium (TSX-V: AAL; OTCQX: AVLIF) arranged a private placement at $0.77 per share for $12M. Certain insiders will participate through a gypsy swap and subscribe up to 8,571,450 shares of 15,585,000 common shares offered
ESI Energy Services closed $10M financing with Yorktown Energy Partners XI, L.P. and made $10M required payment to Battery Mineral Resources Limited under an early stage Process Facility and Cobalt Supply Agreement for BMR’s cobalt-focused mineral exploration claims located in Ontario.
Pala Investments Limited acquired 873,762 common shares of Cobalt 27 Capital Corp. (TSX-V: KBLT) for cash consideration of $8,519,179.50, part of Cobalt 27’s bought deal of 30,800,000 common shares closed on June 27, 2018 for $300 million
Nouveau Monde Graphite (TSX-V: NOU; OTCQX: NMGRF; FSE: NM9) engaged Eight Capital and Haywood Securities for a “best effort” private placement of units at $0.30 per unit for gross proceeds of up to $8,000,000
Nutrien sold 100% of its Series B common shares in Sociedad Química y Minera de Chile S.A. (NYSE: SQM) through auction on Santiago Stock Exchange at US $49.34 per share for gross proceeds of US $1B
Millennial Lithium (TSX-V: ML; FSE: A3N2; OTCQB: MLNLF) secured environmental permit to conduct geophysics and a drilling program of up to 6 wells on its Cauchari East lithium brine target in Jujuy Province, Argentina
Nemaska Lithium (TSX: NMX; OTCQX: NMKEF; FSE: N0T) closed CDN $ 1.1B or US $849M financing package: CDN $280M public offering of common shares, CDN $80M concurrent private placement, US $350M offering of senior secured callable bonds, CDN $93.8M or US $72.1M previously closed private placement with SoftBank Group
Anfield Energy Inc. (TSX-V: AEC; OTCQB: ANLDF; FSE: 0AD) arranged a non-brokered private placement for 12,500,000 units at a price of $0.20 for gross proceeds of $2,500,000.
Ceylon Graphite (TSX-V: CYL; OTC: CYLYF; FSE: CCY) closed a non-brokered private placement, issuing 2,000,000 units at $1.00 per unit for gross proceeds of $2,000,000.