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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 Longalwayson Nov 05, 2021 10:49am
349 Views
Post# 34091865

understanding the deal, more questions than answers for me

understanding the deal, more questions than answers for meDo I understand well?

1,75$ is for one share plus a warrant to buy half a share at 2,50$

So if the buyer exercises the warrant he will have 1,5 share at at average price of 2,83$

Yes it would increase dilution if warrants are exercised.

But doesn't it mean that the investor has the perspective that even at 2,83$ it is a deal. 

This investor should expect to at least have a final exit price of double 5,66$ ?

So why would this be bad news? Except for short term traders

In a globe and mail article they explain that warrants are good if you invest in a bullish market.
Why would this be a bad news for us if you are here on the long run?

Thanks for you help



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