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BRIEF-Millennial Lithium to acquire Argentina lithium project

Published 2016-07-19, 11:12 a/m
© Reuters. BRIEF-Millennial Lithium to acquire Argentina lithium project
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July 19 (Reuters) - Millennial Lithium Corp ML.V :

* At this time, company is not disclosing project location or project vendor

* Financing will see company issue a total of two and half million units at a price of $0.65 cents per unit

* Millennial Lithium enters into agreement to purchase Argentina lithium project and announces concurrent financing

* Has sufficient working capital to cover operating expenses and planned expenditures on other properties for next 12 months

* Engaging in non-brokered private placement financing, proceeds will finance financial obligations resulting from agreement Source text for Eikon: ID:nCCNbTpnMq Further company coverage: ML.V

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