February 28, 2025
Frontier Lithium Secures $3.35 Million Convertible Loan and Finalizes Land Acquisition in Thunder Bay
Frontier Lithium Closes Financing and Acquires Mission Island Lands SUDBURY, ON, Feb. 28, 2025 /CNW/ – Frontier Lithium (“Frontier” or “the Company”) FL has successfully closed its previously reported unsecured convertible loan, yielding aggregate proceeds of $3,350,000 (“Convertible Loan”) (the “Financing”). The Company has also completed the acquisition of a vacant industrial site on Mission Island in Thunder Bay, Ontario (“Mission Island Lands”). This site, located at 1900 108th Street, was formerly a coal-fired electricity generation facility operated by Ontario Power Generation. Overview of Mission Island Lands The Mission Island Lands consist of 183 acres of heavy industrial property, including