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TORONTO, ONTARIO--(Marketwired - March 24, 2014) - 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. |
