Century Lithium raises C$7M to fund Nevada lithium project

Century Lithium completed a C$7.0M brokered private placement, issuing 14.89 million units at C$0.47 each (one common share plus one warrant per unit). Proceeds are earmarked to advance its Nevada lithium operations (TSX-V:LCE, OTCQX:CYDVF), providing near-term funding for project development with modest shareholder dilution.

Analysis

Century Lithium completed a C$7.0M brokered private placement, issuing 14.89 million units at C$0.47 each (one common share plus one warrant per unit). Proceeds are earmarked to advance its Nevada lithium operations (TSX-V:LCE, OTCQX:CYDVF), providing near-term funding for project development with modest shareholder dilution.