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Spod Lithium Corp
Symbol	SPOD
Shares Issued	50,468,715
Close 2023-05-24	C$ 0.10
Market Cap	C$ 5,046,872
Recent Sedar+ Documents

Spod Lithium receives DTC eligibility

2023-05-25 09:10 ET - News Release

Cooper Subject: News for Dissemination Word Document File: '\\swfile\EmailIn\20230525 053005 Attachment Spod Lithium Receives DTC Eligility 5-25-2023.docx' SPOD LITHIUM CORP. RECEIVES DTC ELIGIBILTY FOR IMMEDIATE RELEASE...Vancouver, B.C. - May 25, 2023 - SPOD LITHIUM CORP. ("SPOD" or the "Company") (CSE: SPOD) (OTCQB:SPODF) is pleased to report that its common shares are now eligible for book-entry and depository services of the Depository Trust Company ("DTC"), to facilitate electronic clearing and settlement of transfers in the United States. SPOD currently trades on the OTCQB under the ticker symbol SPODF. DTC is a subsidiary of The Depository Trust & Clearing Corp. which manages the electronic clearing and settlement of publicly traded companies in the United States. Securities that are eligible to be electronically cleared and settled through DTC are considered DTC eligible. This electronic method of clearing securities accelerates the settlement process for investors and brokers, enabling a security to be traded over a much wider selection of brokerage firms. SPOD CEO, Chris Cooper, stated, "Receiving our DTC eligibility is an excellent step that allows the Company to facilitate the trading, and efficient electronic transfer, of our common shares for U.S. shareholders and brokerage firms. This not only allows for faster execution of trades and improved liquidity of our common shares but will also help to broaden our US investors' base." About Spod Lithium Corp. Spod Lithium Corp. is a mineral exploration company focused on the acquisition and development of mineral properties containing battery, base, and precious metals. The Company's flagship assets are its Lithium properties located in the James Bay region of Quebec and the Nipigon and Niemi region of Ontario, Canada. For further information, please refer to the Company's disclosure record on SEDAR (www.sedar.com) or contact the Company through its website at www.spodlithiumcorp.com or by telephone at 604-721-3000. On Behalf of the Board of Directors Chris Cooper Chief Executive Officer Forward-Looking Information Certain statements in this news release are forward-looking statements, including with respect to future plans, and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, and dependence on key personnel. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, the continued availability of capital and financing, litigation, failure of counterparties to perform their contractual obligations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The CSE has not reviewed, approved or disapproved the contents of this news release.