Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 15Stanmoreon Jan 25, 2018 11:14pm
70 Views
Post# 27437886

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

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

Aberdeen ceased to be an "insider" of LIX effective September 20 2016, so SEDI no longer reports any transactions or changes in the holdings from that time (5,750,000 common shares). 

If the 6,000,000 share figure above is correct, along with the cost figure of $13 million, then a take out at $2.61 would yield a $2.7 million capital gain or 20%, so I suppose they would not be unhappy with that exit.

A "YES" vote then?

<< Previous
Bullboard Posts
Next >>