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Frontier Lithium (TSXV:FL, OTCQX:LITOF) reported its third-quarter financial results for the period ending December 31, 2022. The company completed a bought deal offering, raising $23 million with 10,465,000 units sold at $2.20 per unit. As of December 31, Frontier had $30.1 million cash and a net loss of $6.8 million for the quarter, an increase from the $2.1 million loss a year prior. Exploration efforts at the PAK Lithium Project revealed significant findings, including a new spodumene zone. The company continues to work on environmental studies and has appointed a new VP of Operations.
Frontier Lithium Inc. (OTCQX: LITOF) announced an interactive presentation on its PAK Lithium Project scheduled for October 21, 2021 at 10:00 AM ET via VirtualInvestorConferences.com. This online event will provide updates on the project and allow real-time Q&A with attendees. Frontier Lithium is recognized for having one of North America's highest-grade lithium resources and aims to support electric vehicle supply chains. Investors are encouraged to pre-register for the event.
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