United Lithium Corp. announced a non brokered private placement of up to 6,666,667 units at a price of CAD 0.3 per unit for the gross proceeds of CAD 2,000,000.1 on March 26, 2024. Each unit is comprised of one common share and one share purchase warrant entitling the holder to acquire one additional Share at a price of CAD 0.40 for a period of 36 months.

All securities issued in the offering will be subject to a statutory four-month hold period. Closing of the offering is subject to receipt of all required regulatory approvals, including approval from the Canadian Securities Exchange. The offering is expected to close on or about April 2, 2024.