{"id":4029,"date":"2023-07-31T16:30:20","date_gmt":"2023-07-31T20:30:20","guid":{"rendered":"https:\/\/www.millerthomson.com\/deals-cases\/lithium-ionic-announces-closing-of-underwritten-financing\/"},"modified":"2025-08-01T13:13:46","modified_gmt":"2025-08-01T17:13:46","slug":"lithium-ionic-announces-closing-of-underwritten-financing","status":"publish","type":"deals-cases","link":"https:\/\/www.millerthomson.com\/en\/deals-cases\/lithium-ionic-announces-closing-of-underwritten-financing\/","title":{"rendered":"Lithium Ionic Announces Closing of Underwritten Financing"},"content":{"rendered":"\n<p>On July 31, 2023, Lithium Ionic Corp. (\u201cLithium Ionic\u201d or the \u201cCompany\u201d) (TSXV:LTH) announced&nbsp; that it has closed its underwritten private placement financing, including the exercise in full of the underwriters\u2019 over-allotment option. A total of 13,690,635 common shares of the Company were issued at a price of $2.10 per common share for aggregate gross proceeds of $28,750,334.<\/p>\n\n\n\n<p>The Offering was led by Clarus Securities Inc. and Canaccord Genuity Corp., as co-lead underwriters and joint bookrunners, on behalf of a syndicate of underwriters that included Desjardins Securities Inc.<\/p>\n\n\n\n<p>Lithium Ionic is a Canadian mining company exploring and developing its lithium properties in Brazil.<\/p>\n\n\n\n<p>Miller Thomson advised Lithium Ionic with a team comprised of Mack Hosseinian, Brandon Meyer and Joshua Davis (Corporate\/M&amp;A); as well as Armando Ranjbar (Student).<\/p>\n","protected":false},"author":92,"template":"","class_list":["post-4029","deals-cases","type-deals-cases","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lithium Ionic Announces Closing of Underwritten 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