Edison Lithium is pleased to announce, further to its news releases dated March 28, July 13, Nov 28, and Dec 7, 2023, that it has mailed, using notice-and-access procedures, an addendum to the management information circular and related meeting materials for the annual general and special meeting of the Company's shareholders, warrantholders and optionholders to be held in connection with the proposed transaction pursuant [...]
Edison Lithium Corp. announces today that, despite initial intentions, it will not be proceeding with the previously proposed warrant amendments announced on September 6, 2023. The Company had planned to amend the exercise terms of 4,048,000 common share purchase warrants issued pursuant to private placements that closed on February 26, 2021, May 7, 2021, and May 28, 2021 . Subsequent to the closing of the Private [...]
Edison Lithium Corp. is pleased to announce that it has entered into a letter of intent dated December 18, 2023 with Meteor Energy, LLC , 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. , 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 [...]
Edison Lithium is pleased to announce that further to its news releases dated March 28, July 13, and Nov 28, 2023, it has entered into an arrangement agreement dated December 6, 2023 with its wholly-owned subsidiary, Edison Cobalt, pursuant to which, among other things, a distribution of the common shares of SpinCo will take place with the result that the shareholders of the Company will also become shareholders of SpinCo [...]
Edison Lithium is pleased to announce it has received conditional approval from the TSXV for the proposed plan of arrangement and spin-out of its cobalt assets in northeastern Ontario, referred to as the Kittson Cobalt Property. The Spin-Out will be achieved pursuant to an arrangement agreement to be executed between the Company and Edison Cobalt, a wholly owned subsidiary of the Company. Subject to the terms of the [...]
Edison Lithium Corp. , as announced on August 25, 2023, has acquired a 100% interest in four prime sodium brine properties in Saskatchewan. The acquisition of the alkali dispositions, located in Ceylon Lake, Freefight Lake and the north and south areas of Cabri Lake, in the Province of Saskatchewan, allows Edison to capitalize on the emerging growth of the sodium ion battery as a significant alternative to the lithium-ion [...]
Edison Lithium Corp. is pleased to announce that, further to its news release of September 8, 2023, it is closing its non-brokered private placement with the issuance of a total of 4,000,000 units of the Company at a price of $0.12 per Unit for proceeds of $480,000. Each Unit consists of one common share in the capital of the Company and one Share purchase warrant , whereby each Warrant entitles the warrant holder to [...]
Edison Lithium Corp. is pleased to announce a non-brokered private placement of up to 4,000,000 units of the Company at a price of $0.12 per Unit for aggregate gross proceeds of up to $480,000 . Each Unit shall consist of one common share in the capital of the Company and one Share purchase warrant , whereby each Warrant shall be exercisable by the warrant holder to purchase one additional Share at a price of $0.20 for a [...]
Edison Lithium Corp. announces that it intends to amend the exercise price of an aggregate of 4,048,000 common share purchase warrants issued pursuant to private placements that closed February 26, 2021, May 7, 2021, and May 28, 2021 . Subsequent to the closing of the Private Placements, the Company completed a consolidation of its issued and outstanding securities on August 1, 2023, on the basis of eight [...]
Edison Lithium Corp. announces that it has entered into an asset purchase agreement with Globex Mining Enterprises Inc. dated the 11th day of July, 2023, pursuant to which the Company shall acquire from Globex the rights to certain alkali dispositions located in Ceylon Lake, Freefight Lake and the north and south areas of Cabri Lake, in the Province of Saskatchewan . The Alkali Dispositions are summarized below: Alkali [...]
Edison Lithium, further to its news release of July 13, 2023, announces a consolidation of its issued and outstanding common shares on the basis of one new common share for every eight currently-outstanding common shares. Consolidation On a pre-Consolidation basis, the Company has 115,181,311 issued and outstanding common shares and, following the Consolidation, the Company expects to have 14,397,666 common shares issued [...]
Edison Lithium announces that it intends to complete a consolidation of its issued and outstanding common shares on the basis of one new common share for every eight currently-outstanding common shares. Consolidation It is anticipated the Consolidation will reduce the number of outstanding shares of the Company from 115,181,311 common shares to approximately 14,397,664 Post-Consolidation Shares, subject to adjustment for [...]
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