Nevada Lithium Resources Inc. is pleased to announce that it has completed a non-brokered private placement consisting of the issuance of a total of 48,000,007 units at a price of $0.125 per Unit, raising aggregate gross proceeds of $6,000,000.88 . Each Unit consists of one common share of the Company and one common share purchase warrant , with each Warrant entitling the holder to purchase one Share at a price of $0.175 per Share for a period of three years from the closing of the Offering . The net proceeds from the Offering will be used to advance the Company's 100% owned Bonnie Claire Lithium project , located in Nye County, Nevada, towards an updated Preliminary Economic Assessment and Pre-Feasibility Study on the Project, and for general corporate purposes. Stephen Rent...