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The company announced the pricing of its public offering of 5,175,000 common shares at $2.15 per share.
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The 2,800-acre site will be transformed into the Norderra Multimodal Industrial Hub to advance regional industrial development and strengthen Canada's resource supply chains.
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Lion Electric says it plans to restructure its business and pursue a formal sales and investment solicitation process.
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The manufacturer of smart armoured vehicles said the facility aims to meet the increasing demand for Roshel’s products from U.S. customers.
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Canadian mining company Fireweed Metals Corp. will receive up to CA$12.9 million from Natural Resources Canada for its North Canol Infrastructure Improvement Project.
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