07:28:15 EDT Thu 16 May 2024
Enter Symbol
or Name
USA
CA



Ameriwest Lithium Inc
Symbol AWLI
Shares Issued 74,344,146
Close 2023-11-30 C$ 0.095
Market Cap C$ 7,062,694
Recent Sedar Documents

Ameriwest receives shareholder OK for 1:6 rollback

2023-11-30 23:26 ET - News Release

Mr. Glenn Collick reports

AMERIWEST LITHIUM ANNOUNCES PROPOSED CONSOLIDATION OF COMMON SHARES

Ameriwest Lithium Inc. has received shareholder approval to proceed with a consolidation of its common shares with a ratio of one postconsolidation common share for every six preconsolidation common shares.

The company expects to implement the consolidation in the coming weeks and will disseminate a further news release, which will set out the effective date for the consolidation. The consolidation is subject to acceptance from the Canadian Securities Exchange, which will be evidenced by dissemination of a bulletin advising of the date of the consolidation. The company does not intend to undergo a name change in conjunction with the consolidation. The board believes that the consolidation will provide the company with increased flexibility to seek financing opportunities.

About Ameriwest Lithium Inc.

Ameriwest is a Canadian-based exploration company with a focus on identifying strategic lithium mineral resource projects for exploration and development. The company is currently exploring its 9,400-acre Thompson Valley property in Arizona. In addition, it is one of the largest lithium landholders in Nevada, pursuing its 15,300-acre Railroad Valley property, 22,200-acre Edwards Creek Valley property, 5,800-acre Little Smoky Valley property and 7,600-acre Deer Musk East property. These include three lithium brine properties and two lithium clay properties.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.