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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 monkeyhere171on Oct 27, 2022 9:14am
218 Views
Post# 35052569

RE:RE:RE:RE:RE:The Omnibus Plan ???

RE:RE:RE:RE:RE:The Omnibus Plan ???

As I have always stated, my concern with Management is their history of dilution so these 40M doesn't sit well with me!
What dilution we will get when they look to finance the mine?? Are they allocating 40M because expectations are to significantly increase the shares so their compensation does not affected? Like instead of 1 share for $3 they get 2 for $1.5 so no value lost for them???
And again, as pointed, why they added this to the NR?? Looks like purposefully trying to cancel the NR..
Too many unknowns so lots of room for speculation 

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