Snow Lake Energy announced the pricing of a best-efforts public offering of 18,750,000 common shares at $0.80 per share, aiming to raise approximately $15 million in gross proceeds. The offering is expected to close on December 31, 2024, with ThinkEquity acting as the sole placement agent.The company plans to utilize the net proceeds primarily for working capital and general corporate purposes. The securities will be offered through a shelf registration statement on Form F-3 filed with the SEC, which was declared effective on August 9, 2023.Snow Lake Energy, a Canadian clean energy exploration company, currently focuses on advancing two uranium projects - the Black Lake Project in Saskatchewan and the Engo Valley Project in Namibia. The company also holds two lithium projects but has limited exploration activities on these due to depressed market conditions.

Snow Lake Energy announced the pricing of a best-efforts public offering of 18,750,000 common shares at $0.80 per share, aiming to raise approximately $15 million in gross proceeds. The offering is expected to close on December 31, 2024, with ThinkEquity acting as the sole placement agent.The company plans to utilize the net proceeds primarily for working capital and general corporate purposes. The securities will be offered through a shelf registration statement on Form F-3 filed with the SEC, which was declared effective on August 9, 2023.Snow Lake Energy, a Canadian clean energy exploration company, currently focuses on advancing two uranium projects - the Black Lake Project in Saskatchewan and the Engo Valley Project in Namibia. The company also holds two lithium projects but has limited exploration activities on these due to depressed market conditions.