Lifezone Metals Raises $15 Million in Registered Direct Offering, Plans to Use Proceeds for Kabanga Nickel Project Exploration and Staffing.

Lifezone Metals raised $15 million through an underwritten registered direct offering, with net proceeds intended for Kabanga Nickel Project exploration, project staffing, and general corporate purposes. BTIG acted as the sole book-running manager, and Red Cloud Securities acted as co-manager. The transaction included participation from existing investors, including Cinctive Capital Management LP.