Lithic Resources Ltd. (TSXV:LTH) announced a private placement consisting of 3,000,000 common shares at a price of $0.06 per share, for gross proceeds of $180,000.
As quoted in the press release:
…it has agreed to a non-brokered private placement by a small group of insiders. The placement consists of 3 million common shares at a price of six cents per share for gross proceeds of $180,000. There is no commission payable.