Rodinia Lithium Inc. ("Rodinia" or the "Company") (TSX VENTURE:RM)(OTCQX:RDNAF),
announces that due to strong response from investors, the Company has increased
its non-brokered private placement financing to $875,000 from its initially
targeted $500,000 financing, announced on March 10, 2014. The increased
financing will be completed through the issuance of 17,500,000 units of the
Company (the "Units") at a price of $0.05 per Unit for gross proceeds of
$875,000. Each Unit shall consist of one common share of the Company (a "Common
Share") and one common share purchase warrant (each a "Warrant"), entitling the
holder to acquire a Common Share at $0.10 for a period of 24 months from the
date of issuance. 


The Company intends to use the net proceeds to continue development of its Salar
de Diablillos lithium-potash property located in Salta Province, Argentina and
for general working capital purposes. 


The Company may, subject to additional interest received, increase the size of
the private placement to include other existing and new accredited investors. 


The Common Shares, Warrants and shares underlying the Warrants will be subject
to a four month and one day statutory hold period. Closing of the private
placement transaction remains subject to the receipt of all regulatory
approvals, including the approval of the TSX Venture Exchange. The private
placement will be non-brokered; however, the Company may pay finder's fees in
accordance with the rules and policies of the TSX Venture Exchange.


About Rodinia Lithium Inc.:

Rodinia Lithium Inc. is a Canadian mineral exploration and development company
with a primary focus on Lithium exploration and development in Argentina. The
Company is also actively exploring the commercialization of a significant Potash
co-product that is expected to be recoverable through the lithium harvesting
process.


Please visit the Company's web site at www.rodinialithium.com or write us at
info@rodinialithium.com. 


Cautionary Notes 

Except for statements of historical fact contained herein, the information in
this press release may be deemed to constitute "forward-looking information"
within the meaning of Canadian securities law. Such forward-looking information
may include, without limitation, statements (express or implied) regarding the
private placement financing, anticipated timing and results of the development
of the Diablillos property and the ability of the Company to complete a
strategic transaction. There can be no assurance that such statements (express
or implied) will prove to be accurate, and actual results and future events
could differ materially from such statements. Investors are cautioned not to put
undue reliance on forward-looking information. Except as otherwise required by
applicable securities statutes or regulation, the Company expressly disclaims
any intent or obligation to update publicly forward-looking information, whether
as a result of new information, future events or otherwise.


NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Rodinia Lithium Inc.
Aaron Wolfe
Vice-President, Corporate Development
+1 (416) 309-2696
info@rodinialithium.com
www.rodinialithium.com

RouteMaster Capital (TSXV:RM)
Gráfica de Acción Histórica
De May 2024 a Jun 2024 Haga Click aquí para más Gráficas RouteMaster Capital.
RouteMaster Capital (TSXV:RM)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024 Haga Click aquí para más Gráficas RouteMaster Capital.