Full Circle Lithium Corp. announced a private placement of 4,000,000 units at a price of CAD 0.25 per unit for the gross proceeds of CAD 1,000,000 on a best-efforts basis on June 26, 2024. Each unit is comprised of one common share in the capital of the company and one-half of one common share purchase warrant.

Each warrant is exercisable into one share at CAD 0.35 per share for a period of 2 years from the completion of the Offering. The transaction is expected to close on July 9, 2024.