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Edison Lithium Receives Court Approval for Edison Cobalt Spin-Out
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2024) - Edison Lithium Corp. (TSXV: EDD...
About this update from Edison Lithium Corp.
[{"type":"text","content":"Edison Lithium Receives Court Approval for Edison Cobalt Spin-OutVancouver, British Columbia--(Newsfile Corp. - March 4, 2024) - Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV0) (\"Edison\" or the \"Company\") is pleased to announce that on March 1, 2024, the Supreme Court of British Columbia issued its final order approving the Company's previously announced plan of arrangement (the \"Arrangement\") involving its wholly-owned subsidiary, Edison Cobalt Corp. (\"Edison Cobalt\"). For details regarding the Arrangement, see the news releases of the Company dated March 28, 2023, July 13, 2023, November 28, 2023, December 7, 2023, February 1, 2024 and February 27, 2024.The Company will announce the share distribution record date and the exact number of Edison Cobalt shares issuable at a later date. The Arrangement remains subject to final acceptance by the TSX Venture Exchange (\"TSXV\"). Edison Cobalt has applied to list its shares on the TSXV, subject to Edison Cobalt meeting all listing requirements. About Edison Lithium Corp.Edison Lithium Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium, alkali and other energy metal properties. The Company's acquisition strategy is based on acquiring affordable, cost-effective, and highly regarded mineral properties in areas with proven geological potential. Edison is building a portfolio of quality assets capable of supplying critical materials to the battery industry and intends to capitalize on and have its shareholders benefit from the renewed interest in the battery metals space.On behalf of the Board of Directors:\"Nathan Rotstein\"Nathan RotsteinChief Executive Officer and DirectorFor more information please contact:Tel: 416-526-3217Email: [email protected]: www.edisonlithium.comNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking Disclaimer: This news release contains certain forward-looking statements. Statements that are not historical facts, including statements about Edison's beliefs and expectations, are forward- looking statements. Forward-looking statements involve inherent risks and uncertainties and a number of...