Breaking Ground: Beyond Lithium Raises $250,000 in Private Placement
Introduction
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Winnipeg, Manitoba–(Newsfile Corp. – December 31, 2024) – Beyond Lithium Inc. (CSE: BY) (OTCQB: BYDMF) (the “Company” or “Beyond Lithium”) is pleased to announce the closing of a non-brokered private placement of 5,000,000 units of the Company (the “Units”) for aggregate gross proceeds of $250,000 (the “Offering”), previously announced on October 1, 2024 and December 2, 2024. Each Unit consists of one common share in the capital of the Company (a “Share”) and one-half of one common share purchase warrant of the Company (each whole warrant, a “Warrant”), with each warrant entitling the holder to purchase one common share in the capital of the Company for a period of 24 months from the date of issuance at an exercise price of $0.10 per share.
Impact on You
As a potential investor or consumer, Beyond Lithium’s successful private placement can offer new opportunities for growth and innovation in the energy sector. With an influx of capital, the company may be able to develop new technologies or expand their current operations, which could result in the introduction of groundbreaking products or services in the market. This could potentially lead to job creation, economic growth, and overall progress in the field of alternative energy sources.
Impact on the World
On a larger scale, Beyond Lithium’s private placement signifies a growing interest and investment in sustainable energy solutions. As the world faces increasing challenges related to climate change and environmental degradation, companies like Beyond Lithium play a crucial role in developing cleaner and more efficient energy sources. The success of this private placement can inspire other organizations to prioritize sustainability and innovation, ultimately leading to a more sustainable future for the planet.
Conclusion
In conclusion, Beyond Lithium’s achievement in raising $250,000 in a private placement is a significant milestone for the company and the energy sector as a whole. This step not only demonstrates confidence in the company’s vision and potential but also highlights the growing importance of sustainable energy solutions in today’s world. As we move towards a more environmentally conscious future, investments like these are essential for driving progress and creating a better world for future generations.
