Canada Lithium to Receive C$92 Million for Québec Lithium Mine

Canada Lithium Corp. (TSX:CLQ) reported that it has secured C$92 million for the construction its Québec Lithium open pit mine and process plant near Val d’Or, Québec.

As quoted in the press release:

The Project debt facility will be supported by a financial guarantee from Investissement Québec and will be provided by The Bank of Nova Scotia and Caterpillar Financial Services (“Cat Financial”). Drawdown of the financing facilities is subject to standard project and lease financing conditions, including permitting requirements and completion of the final project funding requirements.

Click here to read the Canada Lithium Corp. (TSX:CLQ) press release.