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VAL-D'OR, QC, June 10, 2021 /CNW Telbec/ - Vision Lithium Inc. (TSXV: VLI) (OTCQB: ABEPF) (FSE: 1AJ2) (the "Company" or "Vision Lithium") announces a correction to its news release dated April 21, 2021 in order to correct the finder's fees paid in connection with the private placement detailed therein (the "Offering").
The Company paid certain eligible third parties dealing at arm's length with the Company (the "Finders"): (i) cash commissions totalling $260,690.39, representing 8% of the proceeds raised from subscribers introduced to the Company by such Finders; and (ii) an aggregate of 1,186,775 non-transferable broker warrants (the "Broker Warrants"), representing 8% of the number of flow-through units and non-flow-through units sold to such subscribers (collectively, the "Units"), each exercisable to acquire one common share of the Company for 2 years from the date of issuance at the same exercise price of the common share purchase warrants comprising the Units in respect of which the Broker Warrants were issued.
NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
SOURCE Vision Lithium Inc.
View original content: http://www.newswire.ca/en/releases/archive/June2021/10/c3327.html