Tantalex Lithium Resources Corporation secures a $5,000,000 convertible facilities agreement with Glencore. This amendment enhances existing financing terms to support its strategic initiatives.
Amount Raised
$5 Million
Round Type
Convertible Note
ZugManufacturingEnergyRenewable EnergyInvestors
Description
Glencore AG announced the amendment and restatement of a convertible facilities agreement with Tantalex Lithium Resources Corporation. The updated agreement includes three convertible term loan facilities totaling $5,000,000. As of June 30, 2026, the outstanding principal under the facilities was $4,350,000. This financing is expected to bolster Tantalex's operations going forward.
Quick answer
Tantalex Lithium Resources Corporation raised $5 Million in a Convertible Note round, dated July 17, 2026. Investors: Glencore AG. Tantalex Lithium Resources Corporation is based in Zug, Switzerland.
- How much did Tantalex Lithium Resources Corporation raise?
- Tantalex Lithium Resources Corporation raised $5 Million in a Convertible Note round on July 17, 2026.
- Who invested in Tantalex Lithium Resources Corporation?
- Glencore AG is named as investors in this round.
- What does Tantalex Lithium Resources Corporation do?
- Tantalex Lithium Resources Corporation is a company involved in the exploration and development of lithium resources, which are critical for the manufacturing of batteries and other applications.
- Where is Tantalex Lithium Resources Corporation based and how big is it?
- Tantalex Lithium Resources Corporation is based in Zug, Switzerland.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Tantalex Lithium Resources Corporation that raised within 45 days of this round, from Fundz verified event records.
- Leanwatts raised $2M (Seed) on August 29, 2026.
- Facet Amtech raised $2.1M (Seed) on August 28, 2026.
- Teragen Energy raised $6M (Pre-Seed) on August 26, 2026.
- Voya Energy raised $35M (Series A) on August 26, 2026.
- Madison Air raised $2.3B (Post-IPO Equity) on August 25, 2026.
- Lithium Mining Rights in Argentina raised $180M (Convertible Note) on August 24, 2026.
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