Snow Lake Resources (LITM)

Sector - Materials

IPO Profile

About company

Snow Lake is committed to being the first fully renewable energy powered electric mine in the world that can deliver a completely traceable, conflict free, net zero carbon, lithium battery to the electric vehicle, or EV, consumer market. They aspire to not only set the standard for responsible lithium battery manufacturing but they intend to be the first lithium producer in the world to achieve Certified B Corporation status in the process. They are an exploration stage mining company engaged in lithium exploration in the province of Manitoba, Canada. Their primary focus is currently conducting exploration for lithium at their 100% owned Thompson Brothers Lithium Project. Their objective is to develop a world-class lithium mine in Manitoba and to become the first fully energy renewable lithium hydroxide producer in North America, strategically located to supply the U.S. “Auto Alley,” from Michigan to the southern United States, and the European battery market via their nearby access to the Hudson Bay Railway and the Port of Churchill.
Industry
Lithium Mining
CEO CFO
-
Employees Founded
0 2018

Contacts

Address: 242 Hargrave Street, #1700 Winnipeg, Manitoba R3c 0v1 Canada

Telephone: info@snowlakelithium

Web page: http://snowlakeresources.com

IPO information

First Trade Date 11/19/2021
Status Priced
Exchange NASDAQ
Lockup Period Expiration .Pro
Quiet Period Expiration .Pro
Old Price Range
-
Share prices ($)
6.5
7.5
7.5
0
0
Price Low Price High Priced Open 1st day Close 1st day

Shares & Volumes

Shares Initial (MM) 2.9
Shares Revised (MM) 3.2
Expected offer amount (MM) $20
Realized offer amount(MM) $24

Financial Data (last reporting year)

Market Cap (MM) $113.64
Revenues (MM) $0
Net Income (Loss) (MM) $-0.45

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IPOs led by the firm .Pro
Profitability of conducted IPOs  ?  .Pro
1st day change  ?  .Pro
Change for the first 3 months  ?  .Pro
Underwriters
ThinkEquity
CO-Managers
-

Sector: Materials

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