Neo Lithium Corp V.NLC

Primary Symbol: NTTHF

Metals & Mining Industrial Metals & Minerals

Neo Lithium Corp is engaged in the business of exploration operations. Its principal business activities are the exploration and development of resource properties. Its project includes the 3Q project. It operates its business in the countries like Canada and Argentina, however, most of the revenue is generated from Canada.

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Neo Lithium Corp > This new deal..

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Post by GAMOOD2on Jan 20, 2021 11:20pm

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Post# 32341945

This new deal..

I don't see how this is a great deal for shareholders. Participates can buy 3,50 shares for 3.05? Am I missing something here?

And the real winner seems to be CATL

"Contemporary Amperex Technology Co., Limited's subsidiary ("CATL") holds a participation right to maintain its pro rata percentage holding in the Company (the "Participation Right") and may or may not exercise its Participation Right in connection with the Offering."

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How a junior advances one of the largest undeveloped diamond projects