Business
Coniagas changes name to Lithium One Inc. and strengthens board of directors
VANCOUVER, July 15 /CNW/ - Canada, Coniagas Resources Limited (the "Company") (TSX-V: CNY) is ple...
About this update from American Lithium Corp.
[{"type":"text","content":"\n\n\n\nVANCOUVER, July 15 /CNW/ - Canada, Coniagas Resources Limited (the\n"Company") (TSX-V: CNY) is pleased to announce that all items that were on the\nagenda that required shareholder vote at the Company's 2009 annual general and\nspecial meeting held on July 13, 2009 were approved, including the name change\nof the Company to Lithium One Inc. to reflect its primary focus. The Company\nanticipates that the shares of Lithium One will commence trading on the TSX\nVenture Exchange under the new name by July 20, 2009 under the new symbol\n"LI", which is the chemical symbol for lithium.\n\n\nThe Company has sent a letter of transmittal to its registered\nshareholders indicating the procedure to follow in order to exchange their\ncurrent share certificates for new share certificates. A copy of the letter of\ntransmittal is also available on the Company's profile on SEDAR at\nwww.sedar.com. Shareholders should follow the procedure outlined in that\nletter to receive their new share certificates.\n\n\nThe Company would also like to announce that at the meeting, the\nfollowing individuals were appointed to the Board of Directors of the Company:\n\n\nMaurice Colson\nR. Patrick Highsmith\nPaul F. Matysek\nJeffrey A. Pontius\nDarren M. Pylot\n\n\nPatrick Highsmith, President and CEO of Lithium One, comments "We are\nthrilled with this impressive team of mine-finders and mine-builders that we\nhave been able to assemble. This diverse array of people brings extraordinary\ntrack records to Lithium One. Paul Matysek was a founder of Energy Metals and\ntook that company to a transaction valued at $1.8 billion in just 3 years. He\nis currently leading Potash One through the pre-feasibility study on its major\nproject in Saskatchewan. Darren Pylot is another proven leader, coming off\nrecent success. Last year, in one of the most challenging markets in recent\nhistory, Pylot and his team accomplished a remarkable merger between Capstone\nMining and Sherwood Copper. This year his company will likely produce more\nthan 100 million pounds of copper. These new additions join an already-strong\nteam that includes Jeff Pontius, the CEO of International Tower Hill Mines.\nJeff is a true ore-finder, having quickly built their Livengood gold project\nto more than 7 million ounces of gold in resource. We now enjoy true expert\n...