E3 Lithium Ltd (ETL)

[TradingCharts]

How did I miss this one? More Institutional buyers.

People finally realized private placements are a good thing for E3.

Much better than the "Livent deal"

Now I know why this is a monster.

E3 Metals Announces Upsize to Previously Announced "Bought Deal" Private Placement

CALGARY, AB, Jan. 21, 2021 /CNW/ - E3 METALS CORP. (TSXV: ETMC) (FSE: OU7A) (OTC: EEMMF) (the "Company" or "E3 Metals"), an emerging lithium developer and leading lithium extraction technology innovator, is pleased to announce it has amended the agreement with Echelon Wealth Partners Inc. and Canaccord Genuity Corp. as co-leads and joint bookrunners (the "Underwriters"), pursuant to which the Underwriters have increased the size of its previously announced private placement offering of units of the Company (the "Units") at a price of $1.185 per Unit (the "Issue Price"). Under the amended terms, the Underwriters have agreed to purchase, on a bought deal basis, 5,907,217 Units for gross proceeds to the Company of $7,000,052.15 (the "Offering"), the remaining terms remain unchanged.

https://ih.advfn.com/stock-market/TSXV/ETMC/stock-news/84142856/e3-metals-announces-upsize-to-previously-announced