The offering consists of 12,500,000 units priced at $0.40 each. Every unit includes one common share and a half-warrant, with full warrants exercisable at $0.70 for 18 months. CEO Carlos Vicens noted that the influx of capital is critical for optimizing supply chains and supporting a new retail distribution strategy designed to bring the company’s proprietary water-based suppression agent to both commercial and consumer markets.

As global reliance on energy storage systems and electric vehicles grows, so does the frequency of thermal runaway incidents, creating a pressing need for specialized safety products. Full Circle Lithium plans to close the round on or about June 30, 2026, subject to regulatory conditions. The company has also established a warrant acceleration clause, allowing for an earlier expiry if share prices reach $0.90 for 10 consecutive trading days.