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Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

Critical Elements Lithium Corporation is a Canada-based lithium exploration company. The Company is engaged in the acquisition, exploration, development and processing of critical minerals mining properties in Canada. Its projects include Rose Lithium-Tantalum, Rose North, Rose South, Arques, Bourier, Dumulon, Duval, Nisk, Lemare, Caumont, and Valiquette. The Rose Lithium-Tantalum property consists of over 473 claims covering a total area of over 24.99 square kilometers (km2). It lies in the northeastern part of Superior Province, within the Eastmain greenstone belt. The Rose North property consists of about 31 claims covering a total area of over 16.14 km2. The Arques Property is composed of one block totaling around 136 claims covering an area of 6,840.93 hectares (ha) over 18 kilometers (kms) in length in a Southwest-Northeast direction. Bourier Property is comprised of over 304 claims with an area of 15,616.47 ha for over 30 kms. Rose South property consists of over 280 claims.


TSXV:CRE - Post by User

Post by earthfriendson May 02, 2016 2:57pm
116 Views
Post# 24833710

monarques mqr.v

monarques mqr.vParalllement la Transaction X-Ore, la Socit a complt l’acquisition auprs de Corporation lments Critiques (« CEC ») de l’autre intrt indivis de 50 % dans la Proprit Croinor (la « Transaction CEC »), laquelle transaction avait t initialement annonce le 17 dcembre 2013. En contrepartie de cette acquisition, la Socit a mis un total de 500 000 actions ordinaires de son capital social, un prix rput de 0,15 $ l’action ordinaire, en faveur de CEC et a cd cette dernire 11 de ses proprits minires situes dans le secteur de la Baie-James, soit les proprits Amiral, Arques, Bourier, Caumont, Dumulon, Duval, Lemare, Nisk, Rosebay et Valiquette. Ces actions ordinaires dtenues par CEC seront assujetties aux priodes de dtention volontaires suivantes : 250 000 actions ordinaires devant tre libres dans les 6 mois suivant la clture de la Transaction CEC et 250 000 devant tre libres dans les 12 mois suivant la clture de la Transaction CEC. Les actions ordinaires de CEC seront galement sujettes une priode de restriction de quatre mois et un jour conformment la rglementation en valeurs mobilires applicable qui expire le 13 septembre 2014. Suite la clture de la Transaction X-Ore et de la Transaction CEC, la Socit dtient, directement et indirectement, un intrt de 100 % dans la proprit Croinor, dont
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