Frontier Lithium secures a $3.35 million convertible loan to purchase industrial lands for a lithium conversion facility
Type: Financing · Technology: Industrial, Other · Country: Canada · Value: $3.35M · Announced: 2025-02-25
Frontier Lithium Inc. agreed to an unsecured $3.35 million convertible loan from an affiliate of its chairman to fund the expected purchase of a 183-acre industrial site on Mission Island, Thunder Bay, Ontario, for development of a lithium conversion facility.
Counterparties
- Affiliate/associated entity of Reginald (Rick) F. Walker (Lender)
- Frontier Lithium Inc (Borrower|Developer)
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