Advantage Lithium announces closing of C$12 million financing

On July 26, 2018, Advantage Lithium Corp. (TSX-V: AAL) (“Advantage”) raised over $12M in a common share private placement, involving a gypsy swap transaction with an existing Advantage shareholder. Advantage is focused on developing its 75% owned Cauchari lithium project, located in Jujuy, Argentina. The Company also owns 100% interest in three additional lithium exploration properties in Argentina: Antofalla, Incahuasi, and Guayatayoc. Fasken represented Jett Capital Advisors, LLC, who acted as agent on a portion of the financing. The Fasken team included Paul Fornazzari, Michael Boehm, Sarah Gingrich, Perry Feldman and Sandra Malcolm.