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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 fundamentalinvestoron Apr 20, 2018 7:31pm
171 Views
Post# 27920346

Timing

TimingPerhaps it is after the private placement closes on May 1st and before the AGM. Market response is to be determined on what kind of deal. A financial only partner would not be as ideal as an strategic off take partner with less equity. Would rather have to raise some funds through a private placement at 1.75 once we get a deal in place. From a timing perspective - I would think that LOI's would have been due by now. I doubt the guys want to show up empty handed for the AGM, but they will if waiting means millions of additional dollars, however credibility will start to come into play as if there are actually participants that are looking to sign up. Timing is critical - however I don't think I would want to be in NMX shoes. My other lithium plays are NLC and FL.
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