Snow Lake Resources Announces Pricing of Offering of Common Shares by Nova Minerals

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Apr 08, 2022

WINNIPEG, MB / ACCESSWIRE / April 7, 2022 / Snow Lake Resources Ltd., d/b/a Snow Lake Lithium Ltd. (NASDAQ:LITM) ("Snow Lake" or the "Company") today announced the pricing of an underwritten block trade of 3,000,000 of the Company's common shares ("Common Shares") at a public offering price of $6.00 per share by its shareholder Nova Minerals Ltd. (the "Nova Minerals"), resulting in total gross proceeds to Nova Minerals of $18,000,000 (the "Offering"). Snow Lake will not receive any proceeds from the sale of the common shares by Nova Minerals. The Offering is expected to close on April 12, 2022, subject to customary closing conditions.