ACCESS Newswire
25 Feb 2021, 22:19 GMT+10
MONTREAL, QC / ACCESSWIRE / February 25, 2021 / Critical Elements Lithium Corporation (TSXV:CRE)(OTCQX:CRECF)(FSE:F12) ('Critical Elements' or the 'Company') that it has acquired ownership of 12,051,770 shares (the 'Shares') of Chilean Metals Inc. (the 'Issuer') in connection with an option agreement. See press release dated December 23, 2020, for more information. The Shares acquired represent, approximately 19.6% of the Issuer's issued and outstanding Shares.
Prior to the transaction, the Company was not a shareholder of the Issuer. Following the closing of this Transaction, the Company owns 12,051,770 Shares which represents approximately 19.6 % of the Issuer's issued and outstanding common shares.
The Shares were acquired for investment purposes. The Company may from time to time acquire additional securities of the Issuer, dispose of some or all of the existing or additional securities it holds or will hold, or may continue to hold its current position.
A copy of the Early Warning Report filed by the Company in connection with the option agreement is available on SEDAR on the Issuer's SEDAR profile. The press release is being issued under the early warning provisions of Canadian securities legislation.
For further information, please contact:
Jean-Sébastien Lavallée, P. Géo.
Chief Executive Officer
819-354-5146
[email protected]
www.cecorp.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is described in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Critical Elements Lithium Corporation
Get a daily dose of Hawaii Telegraph news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Hawaii Telegraph.
More InformationBUENOS AIRES, Argentina: The Archbishop of Buenos Aires, Jorge García Cuerva, used a major religious event over the weekend to criticize...
CIUDAD JUAREZ, Mexico: In a first-of-its-kind judicial election in Mexico, more than 5,000 candidates are vying for over 840 federal...
ZERMATT, Switzerland: Five skiers were found dead on a mountain in Switzerland near the popular ski resort of Zermatt, officials said...
TORONTO, Canada - Tens of thousands of people from across Canada have marched in support of Israel in a massive turnout in Toronto....
BOSTON, Massachusetts: U.S. President Donald Trump's administration has taken away Harvard University's right to enroll international...
WASHINGTON, DC - U.S. President Donald Trump on Monday said he believed God was behind his election loss in 2020, even though he has...
NEW YORK, New York - U.S. stocks were weaker Wednesday, following Tuesday's heady gains when the Dow Jones jumped 741 points. Bond...
SAO PAULO, Brazil: Amid a surge in electric vehicle (EV) adoption and growing competition in Brazil, Chinese automaker GAC has officially...
CHICAGO, Illinois: McDonald's is closing its experimental beverage spinoff, CosMc's, less than two years after launching the standalone...
BEIJING, China: China's Lenovo reported a steep 64 percent drop in fourth-quarter profit, falling significantly short of analyst expectations...
NEW YORK, New York - Strong economic data jump-started U.S. stocks and the dollar Tuesday, a welcome reprieve after weeks of pressure...
NEW YORK CITY, New York: This week, the U.S. Federal Trade Commission (FTC) dropped its lawsuit against PepsiCo, which had accused...