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Bullboard - Stock Discussion Forum Lithos Group Ltd N.LITS

Alternate Symbol(s):  LITSF

Lithos Group Ltd., formerly Lithos Energy Ltd., is engaged in delivering sustainable lithium. The Company offers AcQUA, which is a patent-pending technology that spans the complete value chain from the conditioning and pre-treatment of raw brines through the direct lithium extraction (DLE) phase into the polishing and purification of battery grade lithium feedstock. The Company has two... see more

NEO:LITS - Post Discussion

Lithos Group Ltd > News Out!
View:
Post by InvestorRights on Jun 02, 2021 1:01pm

News Out!

https://www.stockwatch.com/News/Item/Z-C!AMS-3092078/C/AMS
Comment by KozmoT on Jun 02, 2021 5:18pm
Ya gotta love the clever wording ... "Alchemist Mining Inc. has addressed the first set of comments from the Canadian Securities Exchange relating to the company's Form 2A listing statement respecting its previously announced..." Given the competence level of this crew, can you just imagine what the comments were?
Comment by abcd2020 on Jun 02, 2021 6:15pm
for me this looks like a good hint There can be no assurance that the acquisition will be completed on the terms proposed or at all. No finders' fees are payable in connection with the acquisition, and no advances or other consideration will be paid by Alchemist to All Nations in advance of closing of the acquisition.
Comment by shorenew on Jun 02, 2021 6:21pm
Can someone Clarify the proposed acquisition of All Nations Cannabis Inc. (ANC) a) 500M common shares of AMI (0.04) ~ 20M Cnd in exchange for Assets: 1 building (being outfitted for indoor grow facility) on lease land on Native Territory (with a few small units) on the old Burns Lake Specialty Wood Product's site is this asset in "Operation" (or still being accessed for license) ...more  
Comment by KozmoT on Jun 03, 2021 1:14pm
Last I checked they didn't even have a cultivation license, never mind a sales license.  They were just another applicant.  The whole bizarre deal seems farcical.
Comment by shorenew on Jun 03, 2021 3:39pm
You are correct. It appears the facility is not ready to Operate A Guess   All Nations Cannabis (ANC) may have been struggling to secure funds for working capital to get their grow facility into Operation (as costs can be major expenses: labour, power for lighting/heat/ventilation). Public AMI would be a solution to source (new) funds while private ANC focuses on distribution and ...more  
Comment by InvestorRights on Jun 03, 2021 3:55pm
Wrong company friend! All Nations is in Chilliwack area Your speaking of Nations Cannabis in Northern BC No smoking till market close please, thanks. https://www.burnslakelakesdistrictnews.com/news/nations-cannabis-readies-to-begin-plant-build/
Comment by shorenew on Jun 03, 2021 4:15pm
Sorry, thank you for the correction
Comment by InvestorRights on Jun 03, 2021 5:38pm
No Worries, is the company that you are speaking about going to be a public company? Trading on the markets? Let us know how it progresses up in Northern BC, I am sure there are some similarities! Keep in touch!
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