Frontier Nuclear & Minerals Inc.

Frontier Nuclear & Minerals Inc. (LITM) priced its initial public offering on Nov 22, 2021 at $7.50 per share, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $121.6M. ThinkEquity was lead-left underwriter. Bevilacqua and Thompson Dorfman Sweatman advised the company and Loeb & Loeb advised the underwriters.

At its 2021 IPO, Snow Lake Resources Ltd. (now Frontier Nuclear & Minerals) was an exploration-stage mining company conducting lithium exploration in Manitoba, Canada, with its 100%-owned Thompson Brothers Lithium Project as its primary focus. Nova Minerals was its parent company.

Status

IPO

Ticker

LITM

Exchange

Nasdaq Capital Market

Priced

Nov 22, 2021

IPO price

$7.50

Market cap at IPO price

$121.6M

First filed

Mar 26, 2021

Underwriters

ThinkEquity

Company counsel

Bevilacqua and Thompson Dorfman Sweatman

Underwriters' counsel

Loeb & Loeb

Sector

Energy, mining & utilities

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.