Edison Lithium Announces Share Consolidation
Edison Lithium Announces Share Consolidation
- To result in under 14,500,000 shares outstanding -
-導致流通股不到14,500,000股-
Vancouver, British Columbia--(Newsfile Corp. - July 28, 2023) - Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV00) ("Edison" or the "Company"), further to its news release of July 13, 2023, announces a consolidation of its issued and outstanding common shares on the basis of one (1) new common share (a "Post-Consolidation Share") for every eight (8) currently-outstanding common shares (the "Consolidation").
溫哥華,不列顛哥倫比亞省-(Newsfile Corp.-2023年7月28日)-愛迪生鋰公司(TSXV:Eddy)(場外市場:EDDYF)(FSE:VV00)(“愛迪生“或”公司),繼2023年7月13日發佈新聞稿後,宣佈在一(1)股新普通股(A)的基礎上合併其已發行和已發行普通股合併後股份“)每八(8)股目前已發行的普通股(”整固“)。
Consolidation
整固
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 and outstanding. No fractional Post-Consolidation Shares will be issued. If, as a result of the Consolidation, a shareholder would otherwise be entitled to a fraction of a Post-Consolidation Share, each fractional share following conversion that is at least one-half (1/2) of a Post-Consolidation Share will be rounded up to the nearest whole number and each fractional share that is less than one-half (1/2) of a Post-Consolidation Share will be cancelled. No cash consideration will be paid in respect of fractional shares.
在合併前的基礎上,公司有115,181,311股已發行和已發行普通股,合併後,公司預計將有14,397,666股普通股已發行和已發行。不會發行零碎的合併後股份。倘若股東因合併而有權獲得合併後股份的零碎股份,則轉換後每股至少為合併後股份一半(1/2)的零碎股份將向上舍入至最接近的整數,而少於合併後股份一半(1/2)的每股零碎股份將予註銷。不會就零碎股份支付現金代價。
Subject to final acceptance of the Consolidation by the TSX Venture Exchange (the "Exchange"), the Company's common shares will commence trading on the Exchange on a post-Consolidation basis effective market open on August 1, 2023. The Company's name and trading symbol will remain unchanged.
待多倫多證券交易所創業板最終接受合併(“交易所“),本公司普通股將於2023年8月1日開始在聯交所掛牌買賣。本公司的名稱及交易代碼將維持不變。
On the effective date, the Company's new CUSIP number for its Post-Consolidation Shares will be 28103Q208 and the new ISIN will be CA28103Q2080. Letters of transmittal describing the process by which shareholders may obtain new share certificates or Direct Registration System (DRS) advices representing their Post-Consolidation Shares will be mailed shortly to registered shareholders. Shareholders who hold their shares through a broker or other intermediary and do not have shares registered in their name will not be required to complete a letter of transmittal. The letter of transmittal will also be filed under the Company's profile on SEDAR at .
於生效日期,本公司合併後股份的新CUSIP編號將為28103Q208,新的ISIN將為CA28103Q2080。描述股東可取得新股票的程式的通函或代表其合併後股份的直接登記系統(DRS)建議將於短期內郵寄給登記股東。通過經紀人或其他仲介持有股票的股東,如果沒有以他們的名義登記的股票,將不需要填寫傳送信。遞交函也將在SEDAR上的公司簡介下提交,地址為。
The exercise price and number of Post-Consolidation Shares of the Company, issuable upon the exercise of outstanding securities convertible into Post-Consolidation Shares will be proportionally adjusted upon the effective date of the Consolidation in accordance with the terms thereof.
本公司於行使可轉換為合併後股份之已發行證券時可發行之本公司合併後股份之行權價及數目將於合併生效日按其條款按比例調整。
Pursuant to the provisions of the Business Corporations Act (British Columbia) and the Articles of the Company, the Consolidation was approved by way of resolutions passed by the board of directors of the Company.
根據《公約》規定《商業公司法》根據不列顛哥倫比亞省(卑詩省)和本公司章程的規定,合併以本公司董事會通過的決議方式批准。
Stock Option Cancellations
股票期權取消
The Company also announces it will be cancelling a minimum of 7,500,000, and up to 8,300,000, of its presently outstanding stock options. To date, all of the Company's directors and officers and certain consultants have voluntarily forfeited all of their previously granted stock options. Once the cancellations have been processed, there will be no greater than 100,000 post-Consolidation stock options outstanding.
該公司還宣佈,將取消最少7500,000,000至8,300,000份目前未償還的股票期權。到目前為止,公司的所有董事和高級管理人員以及某些顧問已經自願放棄了他們之前授予的所有股票期權。一旦註銷被處理,合併後未償還的股票期權將不超過10萬份。
In connection with the Consolidation and stock option cancellations, Nathan Rotstein, Chief Executive Officer of the Company, stated, "We believe these actions will put the Company into a stronger position to raise additional financing when appropriate. At this time, the Company is in a relatively strong cash position with over $1,600,000 in cash, including GICs. We look forward to keeping our shareholders and other interested parties apprised of our plans and encourage them to visit our website at to subscribe to receive future press releases."
關於合併和股票期權的取消,公司首席執行官內森·羅特斯坦表示:“我們相信,這些行動將使公司處於更有利的地位,在適當的時候籌集更多的資金。目前,公司的現金狀況相對較好,擁有超過160萬美元的現金,包括GIC。我們期待著讓我們的股東和其他感興趣的人瞭解我們的計劃,並鼓勵他們訪問我們的網站訂閱以獲得未來的新聞稿。”
About Edison Lithium Corp.
愛迪生鋰公司簡介
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.
愛迪生鋰公司是一家總部位於加拿大的初級礦業勘探公司,專注於鈷、鋰和其他能源金屬資產的採購、勘探和開發。該公司的收購戰略是基於在已探明地質潛力的地區收購負擔得起、成本效益高且備受推崇的礦產資產。愛迪生正在建立一個能夠向電池行業供應關鍵材料的優質資產組合,並打算利用人們對電池金屬領域重新燃起的興趣,並讓其股東受益。
On behalf of the Board of Directors:
我謹代表董事會:
"Nathan Rotstein"
Nathan Rotstein
Chief Executive Officer and Director
《內森·羅斯坦》
內森·羅斯坦
董事首席執行官兼首席執行官
For more information please contact:
如需更多資訊,請聯繫:
Tel: 416-526-3217
Email: info@edisonlithium.com
Website:
電話:416-526-3217
電子郵件:info@edisonlithium.com
網站:
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.
多倫多證券交易所風險交易所及其監管服務提供商(該術語在多倫多證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
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.
前瞻性免責聲明:本新聞稿包含某些前瞻性陳述。非歷史事實的陳述,包括有關愛迪生的信念和期望的陳述,均為前瞻性陳述。前瞻性陳述涉及固有的風險和不確定因素,許多因素可能導致實際結果與任何前瞻性陳述中的結果大相徑庭。在某些情況下,前瞻性陳述可以用諸如“可能”、“將”、“將是”、“預期”、“預期”、“目標”、“目標”、“估計”、“打算”、“計劃”、“相信”、“潛在”、“繼續”、“提議”、“考慮”、“可能”或其他類似表述來識別。
Forward-looking statements in this news release relate to, among other things, completion of the Consolidation and stock option cancellations, the effect thereof, and the receipt of stock exchange and regulatory approvals thereto. 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, requisite stock exchange and regulatory approvals for the Consolidation and stock option cancellations. All information provided in this news release is as of the date of this news release. 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 undertakes no duty or assumes any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.
本新聞稿中的前瞻性陳述涉及合併和股票期權取消的完成、其影響以及證券交易所和監管機構對此的批准。未來的實際結果可能會有很大不同。不能保證這樣的陳述將被證明是準確的,實際結果和未來事件可能與此類陳述中預期的大不相同。前瞻性陳述反映了管理層在作出陳述之日的信念、意見和預測,其依據是一些假設和估計,儘管有關各方認為這些假設和估計是合理的,但這些假設和估計本身就會受到重大商業、經濟、競爭、政治和社會不確定性和或有事件的影響。許多已知和未知的因素可能導致實際結果、業績或成就與此類前瞻性陳述明示或暗示的結果、業績或成就大相徑庭,締約方根據其中許多因素或與之相關的許多因素作出了假設和估計。這些因素包括但不限於合併和股票期權取消所需的證券交易所和監管部門的批准。本新聞稿中提供的所有資訊均為截至本新聞稿發佈之日。讀者不應過分依賴本新聞稿中有關這些時刻的前瞻性陳述和資訊。除法律另有規定外,如果信念、意見、預測或其他因素髮生變化,本公司不承擔任何義務或義務對其進行更新。
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要查看本新聞稿的源版本,請訪問