Brief: American Lithium Reaches Agreement To Acquire Plateau Energy Metals

American Lithium

10/02/2021 03:03

Feb 9 (Reuters) - American Lithium Corp  LI.V :
    * AMERICAN LITHIUM REACHES AGREEMENT TO ACQUIRE PLATEAU
ENERGY
METALS AND CONSOLIDATE DEVELOPMENT-STAGE LITHIUM ASSETS
    * AMERICAN LITHIUM - EXPECTED THAT PLATEAU SHAREHOLDERS WILL
HOLD
ABOUT 21% OF CO'S SHARES ON OUTSTANDING UNDILUTED BASIS UPON
COMPLETION
    * AMERICAN LITHIUM CORP - UPON CLOSING OF TRANSACTION,
PLATEAU
WILL NOMINATE TWO DIRECTORS TO JOIN A NEWLY RECONSTITUTED BOARD
OF AMERICAN LITHIUM
    * AMERICAN LITHIUM -AGREED TO ACQUIRE ALL OF ISSUED AND
OUTSTANDING COMMON SHARES OF PLATEAU ON BASIS OF 0.29 UNITS OF
CO FOR EACH SHARE OF PLATEAU HELD

Source text for Eikon:  ID:nGNX2Hsy6Z 
Further company coverage:  LI.V 

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