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Century Lithium Corp V.LCE

Alternate Symbol(s):  CYDVF

Century Lithium Corp. is a Canada-based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in west-central Nevada, United States. The Company is engaged principally in the acquisition, exploration, and development of its mineral properties. The Company is in the pilot stage of testing on material from its lithium-bearing claystone deposit at its lithium extraction facility in Amargosa Valley, Nevada. It is focused on being a domestic producer of lithium for the electric vehicle and battery storage market. The Clayton Valley Lithium Project is located in Esmeralda County, in west-central Nevada, United States, immediately east of Albemarle’s Silver Peak mine.


TSXV:LCE - Post by User

Bullboard Posts
Post by jensen383on Nov 08, 2009 6:00pm
403 Views
Post# 16465587

Disclosure requirments

Disclosure requirmentsIf the company gets results on any good assays they must be released immediately and can not be held (until all are received in a months time). The regulations are as follows:

"An  Issuer  must  disclose  Material  Information  concerning  its  business  and  affairs  immediately  after  management  of  the  Issuer  becomes  aware  of  the  existence  of  Material  Information,  or  in  the  case  of  information  previously  known,  upon  it  becoming  apparent  that  the  information  is  material"

Definition  of  “Material  Information”  is  any  information  relating  to  the  business  and  affairs  of  an  Issuer  that  results  in  or  would  reasonably  be  expected  to  result  in  a  significant  change  in  the  market  price


Clearly good assay would certainly result in a "significant change in market price" results and therefore would have to be released as soon as received. There is no way they could wait.
Bullboard Posts