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 > understanding the deal, more questions than answers for me

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Comment by tinker901on Nov 05, 2021 12:05pm

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Post# 34092422

RE:understanding the deal, more questions than answers for me

Not quite.

It would come out to an average of 2 dollars per share.

Let's say you buy 10 shares at 1.75. Your cost is 17.50
Later you exercise your 10 warrants to buy 5 shares at 2.50 a piece. Your cost is 12,50

So for 30 dollars you have 15 shares at 2 bucks a piece.

Get it ?

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