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Bullboard - Stock Discussion Forum Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

Metals & Mining Industrial Metals & Minerals
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... see more

TSXV:CRE - Post Discussion

Critical Elements Lithium Corp > Looks like CRE sold around 4m shares in PNPN
View:
Post by Glueckszwerg on Jan 17, 2025 5:12pm

Looks like CRE sold around 4m shares in PNPN

In the latest presentation from Power Nickel CRE now holds only 5% of shares. It used to be around 7% in the previous presentations. That means Critical has likely sold 4m shares aorund CAD 1 und should have that equivalent amount of cash (CAD 4m) to keep the lights on.

Sounds ok to me ss long as they don´t dump their 20% share in the Nisk project cheap. Power Nickel is up to something special there.

Discl: Long CRE, very long PNPN
Comment by Nord43 on Jan 17, 2025 9:42pm
Hello Glueckszwerg. Thanks for that observation. I can't find my download of previous PNPN presentation. Can you check if there has been a change in the share count? thanks in advance 
Comment by Glueckszwerg on Jan 17, 2025 10:19pm
Share count: 2025 01:  194.4m  (CRE 5%) 2024 11: 194.4m  (CRE 7%)  
Critical Elements Lithium Corp