Brief: Richmond Road Capital And North American Lithium Terminate Qualifying Transaction And Subscription Receipt Financing

Fredonia Mining

07/12/2017 24:36

Dec 6 (Reuters) - Richmond Road Capital Corp  RRDh.V : 
    * RICHMOND ROAD CAPITAL CORP AND NORTH AMERICAN LITHIUM INC. 
ANNOUNCE TERMINATION OF QUALIFYING TRANSACTION AND SUBSCRIPTION 
RECEIPT FINANCING 
    * RICHMOND ROAD- NORTH AMERICAN LITHIUM WAS NOT ABLE TO 
OBTAIN 
REQUISITE SHAREHOLDER APPROVAL REQUIRED TO COMPLETE CONTEMPLATED 
THREE-CORNERED AMALGAMATION 
    * NAL INTENDS TO CONTINUE TO OPERATE ITS QUEBEC LITHIUM 
MINE NEAR 
VAL D'OR, QUEBEC AS A PRIVATE COMPANY 
    * LETTER OF INTENT ENTERED INTO BETWEEN COMPANY AND NAL, 
DATED 
JUNE 8, 2017, HAS EXPIRED 
    * RICHMOND ROAD - CO AND NORTH AMERICAN LITHIUM WILL NOT BE 
PROCEEDING WITH LISTING ON TORONTO STOCK EXCHANGE OF COMMON 
SHARES OF RESULTING ISSUER 
 
Source text for Eikon:  ID:nGNXOJUAXa  
Further company coverage:  RRDh.V  
 
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