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Li-Metal Corp C.LIM

Alternate Symbol(s):  LIMFF

Li-Metal Corp. is a Canada-based vertically integrated battery materials company. The Company is commercializing technologies to enable batteries for electric vehicles and other applications. It is engaged in specializing in the development of technologies for the battery supply chain, focused on metallic lithium metal and lithium anode materials and their production. It is developing three key technologies, including production of lithium metal from lithium carbonate, production of ultra-thin lithium anodes using physical vapor deposition (PVD) and the reprocessing of scrap lithium metal from various sources into usable metal ingots. The three complementary technologies are intended to function together in a vertically integrated and sustainable battery materials production process. Its patented lithium metal technology, battery anode technology and production methods are significantly more sustainable than existing solutions and offer lighter, more energy-dense and safer batteries.


CSE:LIM - Post by User

Post by Betteryear2on Dec 28, 2021 7:13am
265 Views
Post# 34265027

CORRECTION

CORRECTION

(This release corrects the release that was posted on December 24, 2021, which incorrectly stated that the Company's cash and equivalents position was approximately CAD$38.0 million.)

TORONTO, ON / ACCESSWIRE / December 27, 2021 / Li-Metal Corp. (CSE:LIM)(FSE:5ZO) ("Li-Metal" or the "Company") announced today a correction to its news release entitled "Li-Metal Raises Over $19 Million from the Exercise of Share Purchase Warrants" which was issued on December 24, 2021 (the "Initial News Release").

The Initial News Release incorrectly stated that the Company's cash and equivalents position was approximately CAD$38.0 million. Li-Metal's correct cash and equivalents position is approximately CAD$28.0 million. This correction does not change any other information reported in the Initial News Release.
 

About Li-Metal Corp.
Li-Metal is a Canadian-based company developing lithium metal anodes and lithium metal production technologies for use in next generation batteries. Our production methods are significantly more sustainable than existing products and offer lighter, more energy dense and safer batteries that are critical to tomorrow's electric vehicles. For more information visit, www.li-metal.com.


https://www.accesswire.com/679820/CORRECTION-Li-Metal-Raises-Over-19-Million-from-the-Exercise-of-Share-Purchase-Warrants

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