Critical Elements Lithium Corp V.CRE

Alternate Symbol(s): CRECF

Metals & Mining Industrial Metals & Minerals

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.

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Critical Elements Lithium Corp

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Comment by PADAP23on Apr 22, 2017 1:00pm

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Post# 26152816

RE:RE:RE:RE:RE:RE:If HELM gets shares, they DON'T ALSO get 25% of profits!

Endofwar,

I agree with you. Larger the loan, better off for CRE's shareholders since SP would increase due to less dilution.

If the credibility of the management has anything to do with the amount of loan CRE can get, Dr. Haber will be a tremendous asset to get that loan.

But I think that the loan's collateral would have to include the Rose property itself (the ground) and not only the equipment built on the site.

JMHO

PADAP23

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