Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Surge Battery Metals Inc. V.NILI

Alternate Symbol(s):  NILIF

Surge Battery Metals Inc. is a Canadian-based company. The Company’s Nevada North Lithium Project flagship property is dedicated to exploring clean high-grade lithium energy metals in Nevada USA - essential for powering tomorrow's electric vehicles. The Company’s management team boasts a strong track record of delivering significant shareholder value. The Company is led by a board and management team with seasoned lithium experts, who previously played pivotal roles in the successful Millennial Lithium venture (sold to Lithium Americas for US$491 million).


TSXV:NILI - Post by User

Post by deepoil0808on Mar 01, 2024 11:00am
205 Views
Post# 35909190

FACT that NILI reduced options = MAJOR has approached them

FACT that NILI reduced options = MAJOR has approached themI was surprised by the news release today of NILI having reduced their stock options which were granted in December 2023 by 57%.

Companies rarely adjust this in such a public manner with a press release as material information.   It would have been adjusted internally and given that it was in the shareholders favor, no press release was required.

FACT that it was done in this manner, means that they were already approached by a MAJOR who is probably looking over their books and paperwork and noticed the error, wanting it fixed before announing anything.

In a previous company I owned, such adjustments were suddenly made and then 9 months later, a BUYOUT was announced.   If someone is interested in NILI they want clean financials.

NB:  Could be Telsa looking for a deal?

Good Luck, 
<< Previous
Bullboard Posts
Next >>