Core Viewpoint - Edison Lithium Corp. is conducting a non-brokered private placement to raise up to $600,000 through the sale of 12,000,000 units at a price of $0.05 per unit, with each unit consisting of one common share and one warrant [1][2]. Group 1: Offering Details - The offering will consist of up to 12,000,000 units priced at $0.05 each, aiming for gross proceeds of up to $600,000 [1]. - Each unit includes one common share and one warrant, allowing the holder to purchase an additional share at $0.08 for two years [1]. - The net proceeds will be used for exploration activities and general working capital [2]. Group 2: Related Party Transactions - Certain directors and officers may participate in the offering, which is classified as a "related party transaction" under Multilateral Instrument 61-101 [3]. - The company plans to rely on exemptions from formal valuation and minority shareholder approval requirements, as the value of securities distributed to insiders will not exceed 25% of the company's market capitalization [3]. Group 3: Company Overview - Edison Lithium Corp. is a Canadian junior mining exploration company focused on cobalt, lithium, alkali, and other energy metals [5]. - The company's acquisition strategy emphasizes cost-effective mineral properties in areas with proven geological potential [5]. - Edison aims to build a portfolio of quality assets to supply critical materials to the battery industry, capitalizing on the growing interest in battery metals [5].