| | | Hertz Lithium lists 12.8 million warrants on CSE
2023-06-21 13:55 ET - News Release
Mr. Kal Malhi reports
HERTZ LITHIUM INC. ANNOUNCES LISTING OF WARRANTS ON THE CSE
Further to its news release dated June 16, 2023, Hertz Lithium Inc. has received approval from the Canadian Securities Exchange to list, as a supplemental listing on the CSE, a total of 12,802,000 common share purchase warrants of the company as a single class. The warrants are expected to commence trading on the CSE under the symbol HZ.WT at market open on June 21, 2023.
The warrants were issued in connection with the company's initial public offering, which was completed on April 6, 2023. The warrants are governed by a warrant indenture entered into between the company and Odyssey Trust Company. In accordance with, and subject to the terms and conditions of, the warrant indenture, each warrant entitles the holder thereof to acquire one common share of the company upon payment of the exercise price of 25 cents per warrant share prior to April 6, 2025.
About Hertz Lithium Inc.
Hertz Lithium is a British Columbia-based mineral exploration company primarily engaged in the acquisition and exploration of mineral properties. The company currently has one material mineral property, the Lucky Mica project, located in the Arizona pegmatite belt in Maricopa county, Arizona, United States, which is in the exploration stage. The company is also working with the Penn State Research Foundation in the development of a novel lithium extraction technology.
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