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.

TSXV:CRE - Post by User

Critical Elements Lithium Corp > Last minute PP sellers

<< Previous

Bullboard Posts

Next >>

Comment by rockhound01on Feb 10, 2021 6:18pm

168 Views

Post# 32532686

RE:RE:Last minute PP sellers

Hi JR. The private placement was priced at $1.10. The stock has been trading in the $1.20s so people that bought into the private placement that previously owned shares could now sell those shares and then use the funds to pay for their $1.10 private placement stock.This is legal and since there was a 15 million dollar raise I suspect that many of the shares that have been thrown into the ask over the last couple of weeks are a result of this. The PP closes tomorrow so those sellers should dry up.

<< Previous

Bullboard Posts

Next >>

Who, why, and what of the great "Crypto Surge"