Lion One Metals Ltd. is pleased to announce that the Company has closed the underwritten offering previously announced on February 7, 2024 by issuing 24,150,000 units of the Company at a price of $0.50 per Unit for aggregate gross proceeds of $12,075,000, which includes the exercise, in full, by the Underwriters of the over-allotment option granted by the Company to purchase up to an additional 3,150,000 Units at the Offering Price pursuant to the terms of an underwriting agreement dated as of February 8, 2024, among the Company, Cantor Fitzgerald Canada Corporation , Canaccord Genuity Corp., Eight Capital, and Raymond James Ltd. . Each Unit consists of one common share in the capital of the Company and one common share purchase warrant of the Company. Each Warrant shall be e...