CA Market News
2月前
Edison Lithium Provides Update on Proposed Acquisition of Joutel North-West and Gagne Gold PropertiesApril 30, 2026 5:00 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 30, 2026) - Edison Lithium Corp. (TSXV: EDDY) (OTC Pink: EDDYF) (FSE: VV0) ("Edison" or the "Company") is pleased to provide an update further to its news release dated March 2, 2026 regarding its property option agreement (the "Agreement"), effective February 27, 2026, with Globex Mining Enterprises Inc. ("Globex") on Globex gold properties, to earn a 100% interest in and to the Joutel North-West gold and Gagne gold and copper properties (together, the "Properties"), subject to a 3% Gross Metal Royalty ("GMR") on the Properties retained by Globex (the "Transaction").The Company advises that it has engaged Steven Lauzier, P.Geo. OGQ1430., to prepare an independent technical report in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects in respect of the Properties. As part of this process, a site visit is being coordinated in connection with the preparation of the technical report.The Transaction remains subject to certain conditions, including the preparation of the technical report and the receipt of final acceptance from the TSX Venture Exchange.About Edison Lithium Corp. Edison Lithium Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium, alkali and other energy metal properties. The Company's acquisition strategy is based on acquiring affordable, cost-effective, and highly regarded mineral properties in areas with proven geological potential. Edison is building a portfolio of quality assets capable of supplying critical materials to the battery industry and intends to capitalize on and have its shareholders benefit from the renewed interest in the battery metals space.On behalf of the Board of Directors:A. Paul Gill
Chief Executive and Director
Tel: 416-526-3217
Email: info@edisonlithium.com
Website: www.edisonlithium.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking Statements Caution: This news release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities legislation (collectively, "forward-looking statements"). Forward-looking statements are generally identifiable by words such as "anticipate", "believe", "could", "estimate", "expect", "forecast", "intend", "may", "plan", "potential", "propose", "schedule", "should", "target", "will" and similar expressions, or by statements that events or conditions "may", "will" or "would" occur.Forward-looking statements in this news release include, but are not limited to, statements regarding: the Company's ability to satisfy the terms, conditions and obligations under the Agreement; the anticipated timing and ability of the Company to make required cash payments, share issuances and incur or fund exploration expenditures in order to acquire the Properties; the preparation of an independent technical report; the completion of a site visit; the Company's ability to fund its obligations and planned activities; and the ability of the Company to obtain all necessary approvals, including the final acceptance of the Agreement by the TSX Venture Exchange.Forward-looking statements are based on management's reasonable assumptions, estimates, expectations and opinions as of the date of this news release. Such assumptions include, without limitation: that the parties will be able to perform their respective obligations under the Agreement in a timely manner; that the Company will be able to obtain all required approvals and maintain good standing under the Agreement; that exploration and related activities can be planned and carried out as anticipated; that required permits, authorizations and access can be obtained on terms and timelines acceptable to the Company; that commodity prices, foreign exchange rates, general economic conditions, and capital markets will be supportive of the Company's plans; that the Company will be able to obtain financing when required on reasonable terms; and that no material adverse changes will occur with respect to the Company's business, assets or the Properties.The forward-looking statements in this news release also reflect the Company's current understanding of the Properties based on information available to it as of the date hereof. The property is at an early stage of exploration and, until exploration work is completed and results are analyzed and verified, the Company cannot confirm the merits of the Properties, including whether the property hosts mineralization of interest. Any references in this news release to the property's "potential", "prospectivity" or "exploration upside" are inherently speculative and based on incomplete information and assumptions that may prove incorrect. The presence of past-producing mines and deposits in the area is not necessarily indicative of mineralization on the Properties. The referenced mines and deposits are not on the Properties, and their historic production do not imply that similar mineralization occurs on the Properties or that exploration will be successful.Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: the risk that the Company may not satisfy the conditions to, or may otherwise be unable to, acquire the Properties under the Agreement; the risk of termination of the Agreement; the risk that required Exchange approval may not be obtained; risks inherent in the exploration and development of mineral properties, including risks related to geology, sampling and assay variability, interpretation of exploration results, and the possibility that exploration results may not support further work; the speculative nature of mineral exploration and development; the risk that the merits of the property may not be realized; the availability of financing and changes in general economic and capital market conditions; fluctuations in commodity prices and exchange rates; changes in laws, regulations and policies, including permitting and environmental requirements; operational and logistical risks (including equipment availability, contractor performance, accidents, weather, wildfires, flooding and other natural events); title matters, including defects in title, competing claims, or the inability to obtain or maintain necessary rights of access; and other risks and uncertainties described in the Company's continuous disclosure filings available under the Company's profile on SEDAR+ at www.sedarplus.ca.Although the Company believes that the forward-looking statements contained in this news release are reasonable as of the date hereof, there can be no assurance that they will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not undertake to update or revise any forward-looking statements, except as required by applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/295287
Original: Edison Lithium Provides Update on Proposed Acquisition of Joutel North-West and Gagne Gold Properties
CA Market News
3月前
Edison Lithium Provides Clarifying Disclosure Regarding Option for Joutel North-West and Gagne Gold Properties from GlobexMarch 30, 2026 5:37 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 30, 2026) - Edison Lithium Corp. (TSXV: EDDY) (OTC PINK: EDDYF) (FSE: VV0) ("Edison" or the "Company") wishes to clarify certain disclosure contained in its news release dated March 2, 2026 regarding its property option agreement (the "Agreement"), effective February 27, 2026, with Globex Mining Enterprises Inc. ("Globex") on Globex gold properties, to earn a 100% interest in and to the Joutel North-West gold and Gagne gold and copper properties (together, the "Properties"), subject to a 3% Gross Metal Royalty ("GMR") on the Properties retained by Globex (the "Transaction").The Company confirms that the deemed price of the common shares issuable pursuant to the Transaction will be no less than $0.12 per share, being the discounted market price in accordance with the policies of the TSX Venture Exchange.The Company further confirms that no finder's fees are payable in connection with the Transaction.The Joutel North-West gold property consists of 46 mineral claims, and the Gagne gold and copper property consists of 24 mineral claims. The Properties are subject to a 3% gross metals royalty in favour of Globex Mining Enterprises Inc., as previously disclosed. The Company confirms that there are no other existing net smelter return royalties or other encumbrances affecting the Properties.The Company also wishes to advise that it has entered into an amendment to the Agreement with respect to Section 2.2(b)(i), whereby the requirement to issue shares within 30 days of the Agreement has been removed. Pursuant to the amendment, the Company will issue $150,000 worth of common shares at a deemed price of $0.12 per share, representing 1,250,000 common shares, upon acceptance of the Transaction by the TSX Venture Exchange.The Company has further established a shortlist of qualified geological consultants to conduct a site visit and prepare a technical report on the Properties in compliance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects.All other information disclosed in the Company's news release dated March 2, 2026 remains unchanged.The Transaction remains subject to the acceptance of the TSX Venture Exchange.Qualified PersonThe scientific and technical content of this news release has been reviewed and approved by Roger Dahn, P.Geo., Director of the Company and a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.About Edison Lithium Corp. Edison Lithium Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium, alkali and other energy metal properties. The Company's acquisition strategy is based on acquiring affordable, cost-effective, and highly regarded mineral properties in areas with proven geological potential. Edison is building a portfolio of quality assets capable of supplying critical materials to the battery industry and intends to capitalize on and have its shareholders benefit from the renewed interest in the battery metals space.On behalf of the Board of Directors:Paul Gill
Chief Executive and Director
Tel: 416-526-3217
Email: info@edisonlithium.com
Website: www.edisonlithium.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking Statements Caution: This news release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities legislation (collectively, "forward-looking statements"). Forward-looking statements are generally identifiable by words such as "anticipate", "believe", "could", "estimate", "expect", "forecast", "intend", "may", "plan", "potential", "propose", "schedule", "should", "target", "will" and similar expressions, or by statements that events or conditions "may", "will" or "would" occur.Forward-looking statements in this news release include, but are not limited to, statements regarding: the Company's ability to satisfy the terms, conditions and obligations under the Agreement; the anticipated timing and ability of the Company to make any required cash payments, share issuances and/or incur or fund exploration expenditures in order to acquire the Properties; the ability of the Company to obtain all necessary approvals (including the acceptance of the Agreement by the Exchange); the expected exploration, work program and/or development plans on the Properties, including the scope and timing and results thereof; the ability to secure access to the property, permits and authorizations; and the Company's ability to raise additional capital to fund exploration and satisfy obligations under the Agreement.Forward-looking statements are based on management's reasonable assumptions, estimates, expectations and opinions as of the date of this news release. Such assumptions include, without limitation: that the parties will be able to perform their respective obligations under the Agreement in a timely manner; that the Company will be able to obtain all required approvals and maintain good standing under the Agreement; that exploration and related activities can be planned and carried out as anticipated; that required permits, authorizations and access can be obtained on terms and timelines acceptable to the Company; that commodity prices, foreign exchange rates, general economic conditions, and capital markets will be supportive of the Company's plans; that the Company will be able to obtain financing when required on reasonable terms; and that no material adverse changes will occur with respect to the Company's business, assets or the Properties.The forward-looking statements in this news release also reflect the Company's current understanding of the Properties based on information available to it as of the date hereof. The property is at an early stage of exploration and, until exploration work is completed and results are analyzed and verified, the Company cannot confirm the merits of the Properties, including whether the property hosts mineralization of interest. Any references in this news release to the property's "potential", "prospectivity" or "exploration upside" are inherently speculative and based on incomplete information and assumptions that may prove incorrect. The presence of past-producing mines and deposits in the area is not necessarily indicative of mineralization on the Properties. The referenced mines and deposits are not on the Properties, and their historic production do not imply that similar mineralization occurs on the Properties or that exploration will be successful.Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: the risk that the Company may not satisfy the conditions to, or may otherwise be unable to, acquire the Properties under the Agreement; the risk of termination of the Agreement; the risk that required Exchange approval may not be obtained; risks inherent in the exploration and development of mineral properties, including risks related to geology, sampling and assay variability, interpretation of exploration results, and the possibility that exploration results may not support further work; the speculative nature of mineral exploration and development; the risk that the merits of the property may not be realized; the availability of financing and changes in general economic and capital market conditions; fluctuations in commodity prices and exchange rates; changes in laws, regulations and policies, including permitting and environmental requirements; operational and logistical risks (including equipment availability, contractor performance, accidents, weather, wildfires, flooding and other natural events); title matters, including defects in title, competing claims, or the inability to obtain or maintain necessary rights of access; and other risks and uncertainties described in the Company's continuous disclosure filings available under the Company's profile on SEDAR+ at www.sedarplus.ca.Although the Company believes that the forward-looking statements contained in this news release are reasonable as of the date hereof, there can be no assurance that they will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not undertake to update or revise any forward-looking statements, except as required by applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290549
Original: Edison Lithium Provides Clarifying Disclosure Regarding Option for Joutel North-West and Gagne Gold Properties from Globex
CA Market News
4月前
Edison Lithium Acquires Option for Joutel North-West and Gagne Gold Properties from GlobexMarch 2, 2026 11:19 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 2, 2026) - Edison Lithium Corp. (TSXV: EDDY) (OTC Pink: EDDYF) (FSE: VV0) ("Edison" or the "Company") is pleased to announce that it has entered into a property option agreement (the "Agreement"), effective February 27, 2026, with Globex Mining Enterprises Inc. ("Globex") on Globex gold properties, to earn a 100% interest in and to the Joutel North-West gold and Gagne gold and copper properties (together, the "Properties"), subject to a 3% Gross Metal Royalty (GMR) on the Properties retained by Globex. The Company and Globex are not related parties and Edison retains a right of first refusal to purchase all or any portion of the GMR from Globex on the same terms that Globex would be prepared to sell pursuant to a bona fide offer from a third party.Transaction terms are summarized below:On Agreement execution Edison must pay to Globex, $100,000 in cash and issue $150,000 in value of shares of Edison upon the receipt of approval from the TSX Venture Exchange (the "Exchange").On May 1, 2027, Edison must pay to Globex, $200,000 in cash and issue $300,000 in value of shares of Edison and Edison must complete $500,000 in exploration expenditures prior to May 1, 2027.On May 1, 2028, Edison must pay to Globex, $450,000 in cash, and issue $300,000 in value of shares of Edison and Edison must complete $500,000 in exploration expenditures prior to May 1, 2028.Prior to May 1, 2029, Edison must complete a further $1,000,000 in exploration expenditures.Once Edison has exercised its option and completed all conditions, Edison will own 100% of the Properties subject to a 3% GMR royalty payable to Globex.Joutel North-West/Gagne Property Highlights[1],[2],[3]The Properties are situated along the South Break of the Casa Berardi Structural zone adjacent to several past producing mines including Agnico Eagle's first gold mine, the Eagle-Telbel - Eagle West deposits (historic production of approximately 1.1 million ounces from 6.2 Mt grading 5.8 g/t gold), and Poirier mine (historic production of 4.39 Mt grading 1.97% Cu, 1.84% Zn and 4.66 g/t Ag), and Joutel Copper Mine (historic production of 1.17 Mt grading 2.16% Cu). Orford Mining (now Alamos Gold) last worked the Joutel North-West property in 2022-2023, principally focused on the South Gold Zone. Some of the drilling highlights from the South Gold Zone drilling by Orford Mining are shown below and in Exhibits 1, 2 and 3:23-JE-004 returned 1.6 m grading 4.1 g/t Au and 30.1 m @ 1.1g/t Au (see Orford Mining news release dated February 21, 2022)23-JE-015 returned 54.7 m @GMan returned 20.64 m @ 1.11 g/t Au including 4.15 m @ 1.78 g/t Au and 0.64 m @MB returned 15.7 m @ 1.7 g/t Au and 14.2 m @ 2.2g/t Au (see Globex news release dated April 20, 2023)The South Gold Zone clearly demonstrates zones for thick mineralization with potential for a higher-grade core that may continue to depth as indicated by hole 83-03 that intersected 6.3 m @ 2.9 g/t Au including 2.3 m @ 5.3g/t Au (Exhibit 3).There is also a potential parallel zone to the north of the South Gold Zone where hole 23-JE-007 intersected 16.1 m of 1.3 g/t Au. This alteration system remains open in all directions.Outside the South Gold Zone there has been limited exploration despite an abundance of geophysical and structural targets along the 11 km of property covering the south break of the Casa Berardi Structural zone and another 6 kms of strike along the Gagne property which is southwest of the main Casa Berardi Structural zone.The Gagne Property is contiguous to the south end of the Joutel North-West property and southwest of the main Casa Berardi Structural zone. The property hosts high-grade gold in previous trenching reported to grade up to 22.6 g/t Au over 1.5 metres. This sector of the property has received limited exploration work to date. The Gagne Property also has a number of copper and silver drill hole intersections in drill hole VAL-01 of up to 1.63% Cu and 11.5 g/t Ag over 0.7 m and Joutel PS drilling returning results of up to 7.86% Cu, 72.2 g/t Ag and 0.20 g/t Au over 2.21 m.There are 46 mining claims on the Joutel North-West property and 24 mining claims on the Gagne property in the Eeyou-Istchee James Bay Territory of Quebec, about 65 km south-west of Matagami and 8 km northwest of the former mining village of Joutel. The Properties are accessible by Highway 109 and a there is high voltage power to the former producing Agnico Eagle Gold mine Eagle-Telbel nearby.Exhibit 1. Joutel North-West Property Geology and Historic ExplorationTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3852/285907_7addfab8940eda99_002full.jpgExhibit 2. Joutel North-West South Gold Zone and North Gold Zone Drilling Plan MapNote: Intercepts are historic and are core length not true thickness.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3852/285907_7addfab8940eda99_003full.jpgExhibit 3. Long Section of the South Gold ZoneNote: intercepts are from historic results and represent core lengths not true thicknesses.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3852/285907_7addfab8940eda99_004full.jpgExhibit 4. Gagne Property Geology and Historic ExplorationNote: Drill hole intersections are from historic work on the property and represent core lengths and not true thickness.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3852/285907_7addfab8940eda99_005full.jpgEdison looks forward to exploring the Joutel area properties, which it believes are very prospective for gold and copper mineralization. The Agreement, including the transactions contemplated thereunder, is subject to the acceptance of the Exchange.All securities to be issued in connection with the Agreement will be subject to a statutory hold period of four months from the date of issuance in accordance with applicable Canadian securities legislation.Qualified PersonThe scientific and technical content of this news release has been reviewed and approved by Roger Dahn, P.Geo., Director of the Company and a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.About Edison Lithium Corp. Edison Lithium Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium, alkali and other energy metal properties. The Company's acquisition strategy is based on acquiring affordable, cost-effective, and highly regarded mineral properties in areas with proven geological potential. Edison is building a portfolio of quality assets capable of supplying critical materials to the battery industry and intends to capitalize on and have its shareholders benefit from the renewed interest in the battery metals space.On behalf of the Board of Directors: A. Paul Gill
Chief Executive and Director
Tel: 416-526-3217
Email: info@edisonlithium.com
Website: www.edisonlithium.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking Statements Caution: This news release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities legislation (collectively, "forward-looking statements"). Forward-looking statements are generally identifiable by words such as "anticipate", "believe", "could", "estimate", "expect", "forecast", "intend", "may", "plan", "potential", "propose", "schedule", "should", "target", "will" and similar expressions, or by statements that events or conditions "may", "will" or "would" occur.Forward-looking statements in this news release include, but are not limited to, statements regarding: the Company's ability to satisfy the terms, conditions and obligations under the Agreement; the anticipated timing and ability of the Company to make any required cash payments, share issuances and/or incur or fund exploration expenditures in order to acquire the Properties; the ability of the Company to obtain all necessary approvals (including the acceptance of the Agreement by the Exchange); the expected exploration, work program and/or development plans on the Properties, including the scope and timing and results thereof; the ability to secure access to the property, permits and authorizations; and the Company's ability to raise additional capital to fund exploration and satisfy obligations under the Agreement.Forward-looking statements are based on management's reasonable assumptions, estimates, expectations and opinions as of the date of this news release. Such assumptions include, without limitation: that the parties will be able to perform their respective obligations under the Agreement in a timely manner; that the Company will be able to obtain all required approvals and maintain good standing under the Agreement; that exploration and related activities can be planned and carried out as anticipated; that required permits, authorizations and access can be obtained on terms and timelines acceptable to the Company; that commodity prices, foreign exchange rates, general economic conditions, and capital markets will be supportive of the Company's plans; that the Company will be able to obtain financing when required on reasonable terms; and that no material adverse changes will occur with respect to the Company's business, assets or the Properties.The forward-looking statements in this news release also reflect the Company's current understanding of the Properties based on information available to it as of the date hereof. The property is at an early stage of exploration and, until exploration work is completed and results are analyzed and verified, the Company cannot confirm the merits of the Properties, including whether the property hosts mineralization of interest. Any references in this news release to the property's "potential", "prospectivity" or "exploration upside" are inherently speculative and based on incomplete information and assumptions that may prove incorrect. The presence of past-producing mines and deposits in the area is not necessarily indicative of mineralization on the Properties. The referenced mines and deposits are not on the Properties, and their historic production do not imply that similar mineralization occurs on the Properties or that exploration will be successful.Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: the risk that the Company may not satisfy the conditions to, or may otherwise be unable to, acquire the Properties under the Agreement; the risk of termination of the Agreement; the risk that required Exchange approval may not be obtained; risks inherent in the exploration and development of mineral properties, including risks related to geology, sampling and assay variability, interpretation of exploration results, and the possibility that exploration results may not support further work; the speculative nature of mineral exploration and development; the risk that the merits of the property may not be realized; the availability of financing and changes in general economic and capital market conditions; fluctuations in commodity prices and exchange rates; changes in laws, regulations and policies, including permitting and environmental requirements; operational and logistical risks (including equipment availability, contractor performance, accidents, weather, wildfires, flooding and other natural events); title matters, including defects in title, competing claims, or the inability to obtain or maintain necessary rights of access; and other risks and uncertainties described in the Company's continuous disclosure filings available under the Company's profile on SEDAR+ at www.sedarplus.ca.Although the Company believes that the forward-looking statements contained in this news release are reasonable as of the date hereof, there can be no assurance that they will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not undertake to update or revise any forward-looking statements, except as required by applicable securities laws.[1] Orford Mining Corporation - 2023 Assessment Report on the Joutel-Eagle Property by S. Jake Burden, P.Geo. (OGQ #01932) dated October 31, 2023
[2]Entreprises Minieres Globex Inc. - Propriete Eagle Northwest- Rapport de Compilation by Luc Rioux, B.Sc., P.Geo. (OGQ #861) dated September 15, 2020
[3] Entreprises Minieres Globex Inc. - Propriete Gagne - Rapport de Compilation by Luc Rioux, B.Sc., P.Geo. (OGQ #861) dated October 27, 2020To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285907
Original: Edison Lithium Acquires Option for Joutel North-West and Gagne Gold Properties from Globex
CA Market News
4月前
Edison Lithium Appoints A. Paul Gill as Chief Executive Officer and DirectorMarch 1, 2026 6:00 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 1, 2026) - Edison Lithium Corp. (TSXV: EDDY) (OTC PINK: EDDYF) (FSE: VV0) ("Edison" or the "Company") is pleased to announce the appointment of A. Paul Gill as Chief Executive Officer, President, and Director of the Company effective March 1, 2026.Mr. Gill is a business builder and financier with over 25 years of experience in creating, restructuring and growing businesses across various sectors, including mining, energy, automation and technology. His career in mining started in 2001 when he was a founding Director of Norsemont Mining Corp., which was eventually bought by HudBay Minerals for $512 million in 2011. Following that success, he founded Lomiko Metals, a junior exploration and development company which received development grants from both the US Department of Defense and the Canadian Natural Resource Ministry totalling $16.7million for its graphite project. Mr. Gill then joined Pampa Metals Corp. (now Andina Copper), a South American copper explorer which is now a significant project developer in South America, as Chief Executive Officer.Currently, he is a Director of Promethieus Technologies Inc., a company that invests in new technologies and is focused on the semiconductor industry, and Chief Executive Officer of Triple One Metals Inc. Through these roles, he has leveraged his skills and knowledge in finance, mergers and acquisitions, and strategic development. Mr. Gill graduated from Simon Fraser University in 1983 with a Bachelor of Arts."I am excited to join Edison Lithium and look forward to working with the management team and Board to build on the Company's foundation, advance its projects, and create long-term value for shareholders," said Mr. Gill. The Company is delighted to welcome Mr. Gill to the Company as his depth of experience in corporate development and capital markets will be instrumental as the Company advances its strategic objectives. A. Paul Gill replaces Nathan Rotstein, who has retired from his management and Board roles. The Company thanks Mr. Rotstein for his contributions and leadership during his tenure and reports that he will remain involved as an advisor to the Company to ensure a smooth transition.The Company also announces the appointment of Andrew Gainsbury, formerly the Company's Controller, as acting Chief Financial Officer on an interim basis. Mr. Gainsbury, CFA, CMA, has over 16 years of experience in financial management and consulting in both Canada and Brazil. His most recent experience includes serving as Controller for several publicly-listed Canadian junior mining companies. Previously, he was Chief Financial Officer of a Brazilian engineering firm with over 800 employees, as well as a senior consultant leading corporate finance projects across multiple industries for Deloitte in Brazil. He specializes in strategic management, mergers and acquisitions, fundraising, as well as corporate restructuring. He holds an MBA from McGill University and has earned his CFA and CMA designations.Mr. Gainsbury replaces James (Jay) Richardson, who has temporarily stepped away from his duties as Chief Financial Officer for medical reasons. Mr. Richardson remains a director of the Company. The Company wishes Jay a speedy and full recovery.About Edison Lithium Corp. Edison Lithium Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium, alkali and other energy metal properties. The Company's acquisition strategy is based on acquiring affordable, cost-effective, and highly regarded mineral properties in areas with proven geological potential. Edison is building a portfolio of quality assets capable of supplying critical materials to the battery industry and intends to capitalize on and have its shareholders benefit from the renewed interest in the battery metals space.On behalf of the Board of Directors:Luisa Moreno
Chief Operating Officer and Director
Tel: 416-526-3217
Email: info@edisonlithium.com
Website: www.edisonlithium.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking Statements Caution: This news release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities legislation (collectively, "forward-looking statements"). Forward-looking statements are frequently characterized by words such as "plan," "expect," "project," "intend," "believe," "anticipate," "estimate," "may," "will," "would," "potential," "proposed," and other similar words, or statements that certain events or conditions "may" or "will" occur.Forward-looking statements in this news release include, but are not limited to, statements regarding the anticipated impact of the appointments of the Company's new executive officers, the Company's strategic plans, business objectives, and future performance. These forward-looking statements are based on management's current expectations, estimates, projections, and assumptions as of the date of this news release, including, without limitation, assumptions regarding general economic and market conditions, the availability of financing, regulatory approvals, and the Company's ability to execute its business plan successfully.Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks related to changes in market conditions, regulatory changes, competition, operational risks, the ability of the new Chief Executive Officer to successfully implement the Company's strategic objectives, and the other risks disclosed in the Company's public disclosure documents filed under its profile on SEDAR+ at www.sedarplus.ca.Readers are cautioned not to place undue reliance on forward-looking statements. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by applicable law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285806
Original: Edison Lithium Appoints A. Paul Gill as Chief Executive Officer and Director
CA Market News
4月前
Edison Lithium Closes Private Placement FinancingFebruary 9, 2026 7:11 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 9, 2026) - Edison Lithium Corp. (TSXV: EDDY) (FSE: VV0) ("Edison" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement financing (the "Offering") and issued an aggregate of 11,157,500 units (the "Units") at a price of $0.05 per Unit, for total gross proceeds of $557,875.Each Unit is comprised of one common share of the Company (a "Share") and one common share purchase warrant (a "Warrant"), with each Warrant entitling the holder thereof to acquire one additional Share at an exercise price of $0.08 per Share for a period of two years from the date of issuance.The proceeds of the Offering will be used to fund exploration activities on the Company's projects and for general working capital purposes. Directors and officers of the Company participated in the Offering acquiring 237,500 Units for aggregate proceeds to the Company of $11,875.00. Such participation is considered to be a "related party transaction" as defined under Multilateral Instrument 61-101- Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(1)(a) of MI 61-101 on the basis that participation by such directors and officers in the Offering does not exceed 25% of the fair market value of the Company's market capitalization, as calculated in accordance with MI 61-101.In connection with the Offering, the Company paid cash finder's fees of $32,000.00 and issued 640,000 non-transferable finder warrants, each exercisable to acquire one Share at a price of $0.08 until February 9, 2028.All securities issued under the Offering are subject to a statutory hold period expiring June 10, 2026, in accordance with applicable securities laws and the policies of the TSX Venture Exchange (the "TSXV"). The Offering remains subject to final approval of the TSXV.The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to available exemptions therefrom. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States.In addition, the Company announces that it has granted an aggregate of 1,500,000 stock options (the "Options") to certain directors, officers and consultants of the Company pursuant to its stock option plan. Each Option is exercisable to acquire one common share (a "Share") of the Company at an exercise price of $0.10 per Share for a period of five years from the date of grant, being February 9, 2026. The Options vest in full on the date of grant. The Options were granted in accordance with the terms of the Company's stock option plan and the policies of the TSXV. Any Shares issued upon the exercise of the Options will be subject to a four month hold period from the date of grant in accordance with the policies of the TSXV and applicable securities laws. The grant of the Options is subject to acceptance by the TSXV.About Edison Lithium Corp. Edison Lithium Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium, alkali and other energy metal properties. The Company's acquisition strategy is based on acquiring affordable, cost-effective, and highly regarded mineral properties in areas with proven geological potential. Edison is building a portfolio of quality assets capable of supplying critical materials to the battery industry and intends to capitalize on and have its shareholders benefit from the renewed interest in the battery metals space.On behalf of the Board of Directors:"Nathan Rotstein"Nathan Rotstein
Chief Executive Officer and Director For more information, please contact:
Tel: 416-526-3217
Email: info@edisonlithium.com
Website: www.edisonlithium.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Note Regarding Forward-Looking StatementsThis news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or" should" occur or be achieved. All statements in this news release, other than statements of historical fact, including, without limitation, statements relating to the closing of the Offering, the terms of the Offering, the use of proceeds of the Offering, the receipt of acceptance of the Offering by the TSX Venture Exchange, and the plans and business of Edison are forward-looking statements. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability of the Company to close the Offering on the proposed terms or at all, and the ability of the Company to obtain acceptance by the TSX Venture Exchange. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. The Company does not assume any obligation to update these forward-looking statements should they change, except as required by applicable securities laws.//NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES//To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283340
Original: Edison Lithium Closes Private Placement Financing
Everything-EV
3年前
Edison Lithium Arranges Sale of Majority Stake in Argentinian Lithium Properties for US$5 Million Vancouver, British Columbia, December 19, 2023 – Edison Lithium Corp. (TSXV: EDDY, OTCQB: EDDYF; FSE: VV0) (“Edison” or the “Company”) is pleased to announce that it has entered into a letter of intent dated December 18, 2023 (the “LOI”) with Meteor Energy, LLC (“Meteor”), an energy corporation based in Dallas, Texas, for the sale of 100% of the Company’s interest in its Argentina subsidiary, Resource Ventures S.A. (“ReVe”), in consideration for USD$5,000,000. Prior to the sale, ReVe will have first rolled out and retained the Pipanaco claims and one of the LEXI claims to be retained in a new subsidiary, as further described below. Pursuant to the LOI, the parties agreed to use commercially reasonable efforts to enter into a definitive agreement within 60 days to give effect to this transaction on terms and conditions acceptable to both parties. ReVe controls the rights to prospective lithium brine claims in the province of Catamarca, Argentina. The claims are principally located in the two geologic basins known as the Antofalla Salar and the Pipanaco Salar. ReVe’s assets on closing of the disposition to Meteor will include 29 mining concessions covering approximately 105,699 hectares area in Catamarca Province, Argentina. The Company will retain and focus its Argentinian efforts on 8 mining concessions covering approximately 28,766 hectares area in Catamarca Province, Argentina, which are not subject to the sale and amount to approximately 20% of the claims currently held by ReVe. The sale terms included Meteor paying the Company USD$25,000 on signing of the LOI, with further payments of USD$475,000 and USD$4,500,000 payable by Meteor to the Company upon execution of a definitive agreement and the closing of the disposition, respectively. Nathan Rotstein, Edison’s CEO, commented, “This transaction validates our purchase of the entire ReVe property package two and half years ago for $1,250,000 and puts Edison into a strong cash position to assess other opportunities. We are very pleased with how we will be positioned after closing the transaction.” The LOI contemplates a 60 day due diligence period prior to execution of the definitive agreement during which Meteor will conduct standard due diligence on ReVe and the mining claims subject to this sale. Completion of the disposition contemplated by the LOI remains subject to the satisfactory completion of due diligence, the negotiation and execution of a definitive agreement and approvals from the TSX Venture Exchange (“TSXV”) and shareholders of the Company, if required. The Company and Meteor are at armslength, and no finders’ fees or commissions are payable in connection with completion of the sale contemplated by the LOI. About Edison Lithium Corp. Edison Lithium Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium, alkali and other energy metal properties. The Company’s acquisition strategy is based on acquiring affordable, cost-effective, and highly regarded mineral properties in areas with proven geological potential. Edison is building a portfolio of quality assets capable of supplying critical materials to the battery industry and intends to capitalize on and have its shareholders benefit from the renewed interest in the battery metals space.
Everything-EV
3年前
About Edison Lithium Corp.
Edison Lithium Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium, and other energy metal properties. The Company's acquisition strategy is based on acquiring affordable, cost-effective, and highly regarded mineral properties in areas with proven geological potential. Edison is building a portfolio of quality assets capable of supplying critical materials to the battery industry and intends to capitalize on and have its shareholders benefit from the renewed interest in the battery metals space.
On behalf of the Board of Directors:
"Nathan Rotstein"
Nathan Rotstein
Chief Executive Officer and Director
For more information please contact:
Tel: 416-526-3217
Email: info@edisonlithium.com
Website: www.edisonlithium.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Disclaimer: This news release contains certain forward-looking statements. Statements that are not historical facts, including statements about Edison's beliefs and expectations, are forward- looking statements. Forward-looking statements involve inherent risks and uncertainties and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "will be", "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue,", "proposes", "contemplates", "is/are likely to" or other similar expressions. All information provided in this news release is as of the date of this news, and the Company undertakes no duty to update such information, except as required under applicable law.
Forward-looking statements in this press release relate to, among other things: the incorporation of SpinCo, completion of the proposed Spin-Out, the Company maintaining its interest in the Antofalla Salar and Pipanaco Salar properties, distribution of SpinCo Shares to Edison shareholders and the basis of such distribution, no changes occurring to Edison shareholders' holdings, the receipt of required shareholder, court, stock exchange and regulatory approvals for the Spin-Out, listing of the SpinCo Shares on the Exchange, increases to shareholder value as a result of the Spin-Out, the new entity presenting compelling opportunity for further investment in the heated battery metals space, the timing of the Spin-Out transaction, and the timing of additional details concerning the Spin-Out and the terms and timing for completion of the Private Placement. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections of management on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: determination of acceptable terms for the proposed Spin-Out, receipt of all required shareholder, court, stock exchange and regulatory approvals for the Spin-Out; changes in the value of the Kittson Cobalt, Antofalla Salar, and Pipanaco Salar properties; fluctuations in the securities markets, commodity pricing and the market price of the Company's common shares and Exchange approval for listing of the SpinCo Shares. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.
Everything-EV
4年前
Edison Lithium Spin-Out of Cobalt Assets
Vancouver, British Columbia, May 19, 2022 – Edison Lithium Corp. (TSXV: EDDY, OTCQB: EDDYF; FSE: VV0) (“Edison” or the “Company”) is pleased to announce that its Board of Directors has unanimously approved a proposed spinout of its cobalt assets in northeastern Ontario, referred to as the Kittson Cobalt Property (the “Spin-Out”), into a newly incorporated subsidiary (“SpinCo”). The Company
will continue to hold its interest in the Antofalla Salar and Pipanaco Salar lithium projects in Argentina.
It is proposed that the Spin-Out will be carried out by way of statutory plan of arrangement (the “Arrangement”) pursuant to the Business Corporations Act (British Columbia). Common shares of SpinCo (the “SpinCo Shares”) will be distributed to shareholders of Edison on the basis of one SpinCo Share for every one common share of Edison held. There will be no change in Edison shareholders’ holdings in the Company as a result of the Spin-Out. If the Spin-Out is completed, shareholders will own shares in both companies - Edison, which will be focused on its Argentinian lithium brine projects, and SpinCo, which will be focused on cobalt exploration in Canada. The Company expects the Spin-Out will increase
shareholder value by allowing capital markets to ascribe value to the Kittson Cobalt Property independent of the Company’s lithium properties.
The proposed Spin-Out will be subject to the terms of an arrangement agreement between Edison and SpinCo, the approval of shareholders at a meeting of Edison shareholders, the approval of the British Columbia Supreme Court and the approval of the TSX Venture Exchange (the “Exchange”). The Company intends to seek a listing of the SpinCo Shares on the Exchange but no assurance can be provided that such a listing will be obtained. Listing will be subject to SpinCo fulfilling all of the requirements of the Exchange.
Nathan Rotstein, Chief Executive Officer of Edison comments, “It is our intention to build shareholder value by providing investors with an ownership stake in two separate specialized companies. Both companies will be in the hot battery metals sector. Each company will operate as a separate entity and will enjoy distinction in the exponential growth of the EV market.” In connection with the Spin-Out, the Company intends to undertake a private placement (“Private Placement”) of up to 60,000,000 subscription receipts (“Subscription Receipt”) priced at $0.05 per Subscription Receipt in order to raise gross proceeds of up to $3,000,000 (the “Escrowed Proceeds”), which will be held in escrow subject to the satisfaction or waiver of certain customary escrow release conditions (the “Escrow Release Conditions”). Each Subscription Receipt will entitle the holder thereof to receive,
upon conversion and without any further action on the part of such holder or payment of any additional consideration, one unit of SpinCo (a "Unit"), with each Unit comprised of one (1) SpinCo Share and one common share purchase warrant (each, a "Warrant"). Each Warrant shall be exercisable into one (1) SpinCo Share at an anticipated exercise price of $0.08 per SpinCo Share, for an exercise period of two years.
The conversion of the Subscription Receipts will be subject to the satisfaction or the Escrow Release Conditions, including the closing of the Arrangement and the listing of the SpinCo Shares on the Exchange, on or prior to a date to be determined (the "Outside Date"). Upon the satisfaction or waiver of the Escrow Release Conditions, the Escrowed Proceeds will be released to SpinCo. Upon receipt thereof, SpinCo is
expected to use the Escrowed Proceeds to fund exploration of the Kittson Cobalt Property and for general working capital, including, potential future acquisitions. In the event that the Escrow Release Conditions are not satisfied prior to the Outside Date, the Escrowed Proceeds will be returned pro rata to each holder of Subscription Receipts, and the Subscription Receipts will be automatically cancelled, void and of no value or effect. The Subscription Receipts and the SpinCo Shares and Warrants issuable in exchange for the Subscription Receipts will be subject to a four-month statutory hold period expiring four months and one
day from the closing date of the Private Placement.
Further details of the Spin-Out and the related Private Placement will follow by additional press releases. Timing of the Spin-Out and Private Placement will be based on prevailing market conditions. The particulars of the Spin-Out and related Private Placement are not yet final and shareholders are cautioned that there can
be no assurance that the Spin-Out and Private Placement will be completed on the terms described herein or at all.
About the Kittson Cobalt Property The Kittson Cobalt Property includes three historical producing Co-Ag mines, namely the Kittson-Cobalt Mine, Shakt-Davis and Edison (also known as Darby) Mine. These mines, unlike those in the nearby Cobalt silver camp, were developed primarily for their cobalt content, and interestingly possessed significant gold content (locally >1 oz/ton).
To view the National Instrument 43-101 compliant technical report titled “Technical Report on the Kittson-Cobalt Property” with a report date of June 9, 2021, and an effective date of July 16, 2021, as prepared by SGS Geological Service and GeoVector Management Inc. (the “Technical Report”), please visit Edison’s
website at www.edisonlithium.com. The Technical Report is also available under the Company’s profile on SEDAR (www.sedar.com).
About the Antofalla Salar and Pipanaco Salar Lithium Projects In 2021, Edison acquired Resource Ventures S.A., an Argentinian corporation that owns or controls the rights to over 148,000 hectares (365,708 acres) of prospective lithium brine claims in the province of Catamarca, Argentina. The claims are principally located in the two geological basins known as the Antofalla Salar and the Pipanaco Salar in South America’s famed Lithium Triangle. The Antofalla Salar hosts one of the largest lithium-bearing basins in the region. It is over 130 km long and
varies between 5 km and 20 km across. The Company’s assets in and around the Antofalla Salar are made up of approximately 107,000 hectares (264,397 acres) of semi-contiguous claims in the northern and southern parts of this salar.
The Company’s claims in the Pipanaco Salar consist of over 41,000 hectares (101,311 acres) of core areas in this salar. These properties are in the very early stages of exploration with minimal surface samples having been collected to date.
About Edison Lithium Corp. Edison Lithium Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium, and other energy metal properties. The Company's
acquisition strategy is based on acquiring affordable, cost-effective, and highly regarded mineral properties in areas with proven geological potential.
Edison is building a portfolio of quality assets capable of supplying critical materials to the battery industry and intends to capitalize on and have its shareholders
benefit from the renewed interest in the battery metals space.
On behalf of the Board of Directors:
“Nathan Rotstein”
Nathan Rotstein
Chief Executive Officer and Director
For more information please contact Nathan Rotstein:
Tel: 416-526-3217
Email: info@edisonlithium.com
Website: www.edisonlithium.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Disclaimer: This news release contains certain forward-looking statements. Statements that are not historical facts, including statements about Edison’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrasessuch as “may,” “will,” “will be”, “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,”, “proposes”, “contemplates”, “is/are likely to” or other similar expressions. All information
provided in this news release is as of the date of this news, and the Company undertakes no duty to update such information, except as required under applicable law. Forward-looking statements in this press release relate to, among other things: the incorporation of SpinCo, completion of the proposed Spin-Out, the completion of the proposed Private Placement, the Company maintaining its interest in the Antofalla Salar and Pipanaco Salar properties, distribution of SpinCo Shares
to Edison shareholders and the basis of such distribution, no changes occurring to Edison shareholders’ holdings, the receipt of required shareholder, court, stock exchange and regulatory approvals for the Spin-Out and Private Placement, listing of the SpinCo Shares on the Exchange, increases to shareholder value as a result of the Spin-Out, the timing of the Spin-Out and related Private Placement transactions, and the timing of additional details concerning the Spin-Out and Private Placement. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and
future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections of management on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective
parties, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: determination of acceptable terms for the proposed Spin-Out, receipt of all required shareholder, court, stock exchange and regulatory approvals for the Spin-Out; changes in the value of the Kittson Cobalt,
Antofalla Salar, and Pipanaco Salar properties; fluctuations in the securities markets, commodity pricing and the market price of the Company's common shares and CSE approval for listing of the SpinCo Shares.
Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should
they change, except as required by law.
We seek Safe Harbor.
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