Volt Lithium Corp. announced a non-brokered, private placement of 6,818,182 units at a price of $0.22 per Unit for aggregate consideration of $1,500,000.04 on April 29, 2024. Each Unit will consist of one common share in the capital of the Company and one-half of one Common Share purchase warrant with each Warrant exercisable into one Common Share at a price of $0.35 per Warrant Share.

The securities issued under the Private Placement will be subject to a hold period equal to four months and a day from the date of closing of the Private Placement. The Private Placement remains subject to the review and approval by the TSX Venture Exchange. The transaction is expected to close on or about May 1, 2024.