Bullboard - Stock Discussion Forum Tantalex Lithium Resources Corporation C.TTX

Alternate Symbol(s): TTLXF

Tantalex Lithium Resources Corporation is a Canada-based exploration and development stage mining company. The Company is engaged in the acquisition, exploration, development and distribution of lithium, tin, tantalum and other high-tech mineral properties in Africa. It is focused on developing its lithium assets in the prolific Manono area in the Democratic Republic of Congo. Its project... see more

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Tantalex Lithium Resources Corporation > Is this a joke? They doled out 29 MILLION shares just to

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Post by KozmoT on Mar 23, 2024 12:50pm

Is this a joke? They doled out 29 MILLION shares just to

cover JUST THE INTEREST of their own loan from their own INSIDER - Afrimet???!! Say what?!? They are diluting themselves out of existence TO PAY THEMSELVES? How is this even allowed?

"This transaction constitutes a “related party transaction” ..."

"The Corporation is relying on exemptions from the formal valuation and minority shareholder approval requirements available under MI 61-101...|"

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