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Frontier Lithium Inc V.FL

Alternate Symbol(s):  LITOF

Frontier Lithium Inc. is engaged in the acquisition, exploration and development of lithium mineral properties in Ontario, Canada. The Company is engaged in a pre-production business with a focus to be a strategic and integrated domestic supplier of spodumene concentrates for industrial users as well as battery-grade lithium hydroxide and other chemicals to the electric vehicle and energy storage markets in North America. The Company’s flagship asset, PAK Lithium Project, located about 175 kilometers (km) north of Red Lake, Ontario in the Red Lake Mining District and encompasses close to 27,000 hectares (ha). It also has two other spodumene-bearing discoveries, such as the Bolt pegmatite, which is located between the PAK and Spark deposits, as well as the Pennock pegmatite, located 25 km northwest of the PAK deposit within the project claims. Its lithium products include spodumene concentrate and lithium hydroxide monohydrate.


TSXV:FL - Post by User

Post by replicatoron Oct 19, 2022 9:53pm
797 Views
Post# 35035264

On going dilution

On going dilution
Take-a-ways of dilution as per Investopedia :

Dilution is the reduction in shareholders' equity positions due to the issuance or creation of new shares.
Dilution also reduces a company's earnings per share (EPS), which can have a negative impact on share prices.
Dilution can occur when a firm raises additional equity capital, though existing shareholders are usually disadvantaged.

This is never a winning situation for us the shareholders.
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