Infinite Lithium Corp (ILI)

[Sam Dan]

ALIX CLOSES NON-FLOW THROUGH PRIVATE PLACEMENT
Alix Resources Corp., further to its news release dated Nov. 3, 2016, has completed its non-brokered non-flow-through private placement of four million units at a price of six cents per unit for aggregate gross proceeds of $240,000.

Each unit comprises one common share and one share purchase warrant of the company. Each warrant will entitle the holder to purchase one share at a price of 10 cents per warrant share until Nov. 21, 2018.

All securities issued pursuant to the closing of the NFT units are subject to a hold period expiring on March 22, 2017."

I would think along with the funding for Mexico from LIT ASX should allow planned further drilling.