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LITHIUM X ENERGY CORP V.LIX

"Lithium X Energy Corp is a lithium resource explorer and developer. It is focused on supplying the lithium battery industry. The company’s property includes Sal de Los Angeles lithium-potash brine project (the SDLA Project), in Argentina's Salta Province."


TSXV:LIX - Post by User

Comment by LongRoadon Jan 25, 2018 7:39pm
68 Views
Post# 27436804

RE:RE:LIX Takeover vote on February 6, 2018

RE:RE:LIX Takeover vote on February 6, 2018You can find all the insider trades here.

https://www.sedi.ca/sedi/SVTReportsAccessController?menukey=15.03.00&locale=en_CA

Aberdeen's investment in LIX

Lithium X Energy Corp. 6,000,000 common shares
Cost $13,003,092    FV@10/17 $12,120,000 

Are you sure these guys are long term holders?  Say "no" to selling their shares?

As at April 30, 2017, the Company’s total investments decreased to $29,383,679 from $34,618,172 as at January 31, 2017. During the three months ended April 30, 2017, the Company’s shareholders’ equity decreased to $31,656,151 from $34,562,448 as at January 31, 2017. The decrease in the value of the Company’s investment portfolio and decrease in shareholders’ equity during 2018 was due to the net investment loss realized from the sale of Lithium X Energy Corp (“LIX”) common shares and expiration of Trigon Metals Inc. (“TM”) warrants, decreased share price of LIX common shares and African Thunder (“ATP”) common shares, operating, general and administration expenses, transaction costs offset by interest income and foreign exchange gain. The remaining portfolio investments increased slightly due to improvement in equity markets as it relates to the resource sector. F
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