MegaWatt Lithium and Battery Metals Corp. (CSE:MEGA) (FSE: WR20) (OTCQB: WALRF) has completed the second and final tranche of its concurrent private placement, issuing 1,300,000 shares at $0.10 per share for gross proceeds of $130,000.
MegaWatt’s Strategic Financial Moves
The finalization of this tranche marks a key step in the company’s fundraising efforts. MegaWatt also paid a commission of $3,850 to an eligible finder as part of the transaction. The funds raised will support property payments, exploration activities, and general working capital needs.
Marketing Partnership to Boost Visibility
Additionally, MegaWatt entered a six-month marketing services agreement with Outside The Box Capital Inc. This partnership aims to enhance the company’s visibility in the financial community by promoting its initiatives and developments.
MegaWatt is currently involved in the acquisition and exploration of mineral properties in Canada, with significant investments in lithium and battery metals across several projects.
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