21:56:19 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Beyond Lithium Inc
Symbol BY
Shares Issued 36,623,482
Close 2024-02-23 C$ 0.18
Market Cap C$ 6,592,227
Recent Sedar Documents

Beyond Lithium to issue 171,554 debt shares

2024-02-25 18:48 ET - News Release

Mr. Allan Frame reports

BEYOND LITHIUM ANNOUNCES SHARES FOR DEBT TRANSACTIONS

Beyond Lithium Inc. has agreed to settle debts relating to certain consulting fees owed to two arm's-length parties by issuing an aggregate of 171,554 common shares of the company at a deemed price of 18.5 cents per share, representing an aggregate value of $31,737.50.

All common shares to be issued pursuant to the debt settlement will be subject to the statutory hold period of four months and one day from their date of issuance, and 58,750 of the shares shall be subject to additional contractual hold period expiring on July 10, 2024.

About Beyond Lithium Inc.

Beyond Lithium is the largest greenfield lithium exploration player in Ontario with 63 high-potential greenfield lithium properties totalling over 195,000 hectares. The company has adopted the project generator business model to maximize funds available for exploration projects while minimizing shareholder dilution. Beyond Lithium is advancing certain of its projects with its exploration team and will seek to option other properties to joint venture partners. Partnering on various projects will provide a source of non-dilutive working capital, partner-financed exploration and long-term residual exposure to exploration success.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.