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Millennial Lithium Closes Financing for Proceeds of $5,937,500 and Commences Drilling and Pumping Tests at Pastos Grandes

VANCOUVER, BRITISH COLUMBIA–(Marketwired – March 27, 2017) – Millennial Lithium Corp. (TSX VENTURE:ML), (“Millennial” or the “Company“) wishes to announce it has closed its private placement Financing of 4,750,000 units at $1.25 per unit for proceeds of $5,937,500. Each unit is comprised of one common share and one-half of one share purchase warrant (a “Unit”). Each whole share purchase warrant (a “Warrant”) is exercisable for a period of two years from closing at an exercise price of $1.50.