RE:RE:RE:RE:RE:RE:RE:The VRFB-leasing model and LGO share pricesNewAgeMetal wrote: Right but Largo had one officer in Canada, EC in Toronto, like 4 provinces and 3 times zones away, why incorporate in BC instead of Ontario?
We are talking about LPV, a corporation without business operations or assets, right? The new entity (CPC-LPV) has not been formed yet. I have to think that the most optimal jurisdiction will be selected by the proper people for the new entity upon completion of the deal.
Btw, FYI:
Bushveld Energy is located in Johannesburg, South Africa;
Invinity Energy System is headquartered in Jersey, Channel Islands, and
Vanadium Electrolyte Rental Limited (VERL) is registered in London, UK
“Upon completion of the Proposed Transaction, CPC will have acquired 100% ownership of LPV and the business of LPV will become the business of the entity resulting from the Proposed Transaction (the "Resulting Issuer"). The final structure for the Proposed Transaction is subject to satisfactory tax, corporate and securities law advice on the part of both CPC and LPV. There is no assurance that a definitive agreement will be successfully negotiated or entered into”