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Frontier Lithium Closes $3.35 Million Convertible Loan and Completes Land Acquisition in Thunder Bay

Newswire.ca - Fri Feb 28, 2025

SUDBURY, ON, Feb. 28, 2025 /CNW/ - Frontier Lithium ("Frontier" or "the Company") (TSXV: FL) is pleased to announce that, further to its press release dated February 25, 2025, the Company has closed (i) the previously disclosed unsecured convertible loan for aggregate proceeds of $3,350,000 ("Convertible Loan") (the "Financing") and (ii) the acquisition of a vacant industrial site on Mission Island in Thunder Bay, Ontario ("Mission Island Lands"). The Mission Island Lands, located at 1900 108th Street in Thunder Bay, Ontario, were formerly home to a coal-fired electricity generating station operated by Ontario Power Generation.

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