Deals 03/22/2022

Loop Capital Markets as co-manager on $131 million follow-on stock offering for Piedmont Lithium Ltd.

On March 22, 2022, Loop Capital Markets served as a co-manager on a $131 million follow-on stock offering (including the green shoe) for Piedmont Lithium Ltd.

Use of proceeds are earmarked for general corporate purposes, including to fund the Company’s share of the capital required to restart the operations at North American Lithium in Quebec, to fund exploration and definitive feasibility studies at Eyowaa in Ghana, to advance the Company’s merchant lithium hydroxide plant in the southeastern United States, and to continue development of the Carolina Lithium Project.