American Lithium Minerals announced today that it has agreed to a private placement investment in the amount of up to $500,000. The investment comes in the form of a secured promissory note that is convertible into 1,851,851 common shares and bears interest at a rate of 4% annually. The investor also received a one year warrant to purchase up to 1,851,851 additional common shares at $0.27 per share. For complete details
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