Rodinia Lithium Inc. (TSXV:RM) announced that it has secured a $2 million standby credit facility from a significant shareholder, Aberdeen International Inc.
As quoted in the press release:
Under the Credit Facility, Rodinia has the ability to draw down amounts up to a maximum of $2.0 million (subject to the terms of the Credit Facility), with repayment of any draw down to be made by February 25, 2016.
|Nemaska Lithium Inc. (TSXV:NMX,OTCQX:NMKEF) has developed innovative methods of converting lithium sulfate into high purity lithium hydroxide and carbonate and intends to serve the growing lithium battery market with its lower cost, higher purity lithium hydroxide. Connect here and don't miss an update!|