Workflow
Lithium Resources
icon
Search documents
Pure Energy Announces AGM Results and Appointment of New Director
TMX Newsfile· 2025-12-20 02:23
Core Points - Pure Energy Minerals Limited held its Annual General Meeting of Shareholders on December 19, 2025, where all resolutions were approved, including the appointment of William Morton to the Board of Directors [1][2]. Company Overview - Pure Energy Minerals is a lithium resource company focused on the exploration and development of lithium resources at its Clayton Valley Project in central Nevada [3]. - The company has an Earn-In Agreement with Schlumberger Technology Corp., allowing Schlumberger to acquire all of Pure Energy's interests in the Clayton Valley Project [3]. Shareholder Participation - A total of 10,700,467 common shares, representing approximately 31.50% of the Company's outstanding common shares, were voted at the Meeting [2]. - William Morton, President and CEO, expressed gratitude to shareholders for their participation and support [2]. Resolutions Passed - The Meeting resulted in the reappointment of Baker Tilly WM LLP as auditors, the setting of the number of directors at five, and the election of five nominees as directors, including William Morton [8]. - The Company's new Long-Term Incentive Plan was also approved [8].
SPOD Lithium Announces Closing of Second Tranche of Private Placement
Newsfile· 2025-12-04 00:12
Core Points - SPOD Lithium Corp. completed the second tranche of its non-brokered private placement, raising gross proceeds of $88,000 from the sale of 4,400,000 units at a price of $0.02 per unit [1][2] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the holder to acquire an additional share at $0.05 within 24 months [2] - The company paid a cash commission of $3,200 to Raymond James Ltd. and issued 160,000 finder's warrants, representing 8% of the gross proceeds from purchasers introduced by Raymond James [3] Financial Details - The total gross proceeds from the offering amounted to $88,000, with each unit priced at $0.02 [1] - The cash commission paid to Raymond James was $3,200, and the finder's warrants issued were valued at 8% of the gross proceeds [3] Use of Proceeds - The net proceeds from the offering will be used for general working capital purposes [3] Regulatory Information - All securities issued will be subject to a statutory hold period of four months and one day, along with resale restrictions under CSE policies [4] - The securities have not been registered under the U.S. Securities Act and cannot be offered or sold in the United States without registration or exemption [5] Company Overview - SPOD Lithium Corp. is focused on exploring and developing lithium resources, with properties located in Quebec and Ontario, Canada [7] - The company emphasizes sustainable practices and innovation to deliver value for stakeholders [7]
SPOD Lithium Announces Upsizing of its Private Placement
Newsfile· 2025-10-20 21:25
Core Points - SPOD Lithium Corp. intends to upsize its private placement offering to 25,000,000 units at a price of $0.02 per unit, aiming for gross proceeds of up to $500,000 [1][3] Group 1: Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.05 within 24 months [2] - The net proceeds from the offering will be used for general working capital purposes [3] - The offering will be made to qualified purchasers under exemptions from prospectus and registration requirements [3] Group 2: Related Party Transactions - Directors and officers of the company may participate in the offering, which is classified as a related party transaction under MI 61-101 [3] Group 3: Regulatory and Compliance Information - The company may pay finders' fees to eligible finders, subject to compliance with securities laws and CSE policies [4] - All securities issued will be subject to a statutory hold period of four months and one day from issuance [4] - The offering has not been registered under the U.S. Securities Act and cannot be sold in the U.S. without registration or exemption [5] Group 4: Company Overview - SPOD Lithium Corp. is focused on lithium resource exploration and development, with properties located in Quebec and Ontario, Canada [7]
SPOD Lithium Announces Private Placement of Units
Newsfile· 2025-07-14 21:00
Core Points - SPOD Lithium Corp. intends to complete a private placement offering of up to 7,500,000 units at a price of $0.02 per unit, aiming for aggregate gross proceeds of up to $150,000 [1][2] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.05 after 24 months [2] - The net proceeds from the offering will be used for general working capital purposes [3] Offering Details - The offering will be made to qualified purchasers under exemptions from prospectus and registration requirements [4] - Directors and officers may participate in the offering, which is considered a related party transaction and is expected to be exempt from certain requirements [4] - Finders' fees may be paid to eligible finders in connection with the offering, subject to compliance with applicable laws [5] Regulatory and Closing Information - All securities issued will be subject to a statutory hold period of four months and one day from issuance [6] - The offering is expected to close on or about July 25, 2025, and may close in multiple tranches [6] - The securities will not be registered under the U.S. Securities Act and cannot be offered or sold in the United States without registration or exemption [7] Company Overview - SPOD Lithium Corp. is focused on exploring and developing lithium resources, with properties located in Quebec and Ontario, Canada [9] - The company emphasizes sustainable practices and aims to deliver value for its stakeholders [9]