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Bullboard - Stock Discussion Forum Tantalex Lithium Resources Corporation C.TTX

Alternate Symbol(s):  TTLXF

Tantalex Lithium Resources Corporation is a Canada-based exploration and development stage mining company. The Company is engaged in the acquisition, exploration, development and distribution of lithium, tin, tantalum and other high-tech mineral properties in Africa. It is focused on operating its TiTan tin and tantalum concentrate plant and developing its lithium assets in the prolific Manono... see more

CSE:TTX - Post Discussion

Tantalex Lithium Resources Corporation > IMHO - no problem how many share are out..
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Post by prone on Mar 08, 2024 1:59pm

IMHO - no problem how many share are out..

Since the exercise price is -->$0.10 for a period of thirty (30) months from issuance (the “ICC Debt Settlement”).

and they cannoy sell unless there is suitable demand - like a sizeable contract.

Otherwise it stalls the SP and they cannot get their $....

Let us wait for the contracts and agreements...!
Comment by KozmoT on Mar 08, 2024 8:40pm
Um, you may be confused, re-read the NR. Only the warrants have the 10 cent / 30 month clause.  All the 140,000,000 (give or take a few million) common shares are at 5 cents with nothing but a 4 month hold period.  Existing investors are screwed and will be screwed even worse when the company announces the inevitable share rollback.