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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

Comment by Longalwayson Nov 05, 2021 4:33pm
166 Views
Post# 34094180

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

RE:RE:RE:RE:understanding the deal, more questions than answers for meDaily market transactions are about 0 ,12% of all shares 

The  transaction is for over 10% , of new money , share price is value of the company not cash money they can use.

Why not wait until 2,50$ ? , there was no guarantee they would get that price.

Question of why now is then very appropriate.

Maybe good news is coming closer than we know and this news need cash

.For what purpose that cash? 

Hoping this is announcing positive development attached to a certain positive expectation from management and investors about chance of permit and construction.

JMHO
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