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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 davgroon Feb 12, 2018 1:43pm
97 Views
Post# 27545708

RE:arbitrage question

RE:arbitrage questionCompletion of the arrangement remains subject to, among other things, final approval of the Supreme Court of British Columbia, with the hearing for the final order to approve the arrangement being scheduled for Feb. 7, 2018.

The company has not issued a press release that the court approval was received thus the reason why the current trading price is below the share purchase price of $2.61.  It's not a done deal yet.



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