22:03:13 EDT Sun 28 Apr 2024
Enter Symbol
or Name
USA
CA



Edison Lithium Corp (2)
Symbol EDDY
Shares Issued 18,553,916
Close 2024-03-01 C$ 0.105
Market Cap C$ 1,948,161
Recent Sedar Documents

Edison Lithium receives final court OK for spinout

2024-03-04 12:51 ET - News Release

Mr. Nathan Rotstein reports

EDISON LITHIUM RECEIVES COURT APPROVAL FOR EDISON COBALT SPIN-OUT

On March 1, 2024, the Supreme Court of British Columbia issued its final order approving the company's previously announced plan of arrangement involving Edison Lithium Corp.'s wholly owned subsidiary, Edison Cobalt Corp. For details regarding the arrangement, see the news releases of the company dated March 28, 2023, July 13, 2023, Nov. 28, 2023, Dec. 7, 2023, Feb. 1, 2024, and Feb. 27, 2024.

The company will announce the share distribution record date and the exact number of Edison Cobalt shares issuable at a later date. The arrangement remains subject to final acceptance by the TSX Venture Exchange.

Edison Cobalt has applied to list its shares on the TSX-V, subject to Edison Cobalt meeting all listing requirements.

About Edison Lithium Corp.

Edison Lithium is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium, alkali 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 metal space.

We seek Safe Harbor.

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