Comet Lithium Corporation announced that it expects to receive CAD 3 million in funding
On the same day, the company raised its first tranche closing. The company issued 1,673,000 common shares at a price of CAD 0.5 per share for the gross proceeds of CAD 836,500 and 1,356,836 flow-through common shares at a price of CAD 0.85 per share for the gross proceeds of CAD 1,153,310.6 for the total gross proceeds of CAD 1,989,810.60. As a part of the first tranche, the company paid CAD 38,923.50 as placement agent fee. A second closing of the private placement is expected to be held on or around December 20, 2023.