Business
Electric Metals (USA) Limited Announces Continuance to the State of Delaware
WILMINGTON, DE / ACCESS Newswire / December 30, 2025 / Electric Metals (USA) Limited ("Electric Metals" or the "Company") (TSXV:EML)(OTCQB:EMUSF) is pleased to announce that it has completed its previously announced continuance (the "Continuance") ...
About this update from Electric Metals Usa Limited
[{"type":"text","content":"WILMINGTON, DE / ACCESS Newswire / December 30, 2025 / Electric Metals (USA) Limited ("Electric Metals" or the "Company") (TSXV:EML)(OTCQB:EMUSF) is pleased to announce that it has completed its previously announced continuance (the "Continuance") from a corporation governed by the Business Corporations Act (British Columbia) into a corporation governed by the Delaware General Corporation Law, with its registered office in Wilmington, Delaware.","length":478,"tagName":"p"},{"type":"text","content":"As a result of the Continuance, Electric Metals is now a Delaware-domiciled U.S. corporation. The Company's principal assets are located in the United States, including its flagship North Star Manganese Project in Minnesota.","length":228,"tagName":"p"},{"type":"text","content":"The Company adopted a new certificate of incorporation and by-laws as part of the Continuance, which replaced the prior articles and by-laws of the Company. The Continuance and the new certificate of incorporation and by-laws of the Company were each approved by shareholders at the Company's annual and special meeting held on September 4, 2025. Copies of the certificate of domestication, certificate of incorporation and by-laws of the Company will be available on SEDAR+ (www. sedarplus.ca) under the Company's issuer profile. The Continuance follows the Company's earlier continuance from the Canada Business Corporations Act to the Business Corporations Act (British Columbia), as previously disclosed.","length":720,"tagName":"p"},{"type":"text","content":"The Company has received conditional acceptance of the Continuance from the TSX Venture Exchange ("TSXV"). Final acceptance remains subject to the satisfaction of customary filing requirements with the TSXV.","length":217,"tagName":"p"},{"type":"text","content":"The Continuance does not affect the Company's day-to-day operations, business strategy, or asset base. In connection with the Continuance, the Company's authorized share capital has been changed from an unlimited number of no par value common shares to a fixed maximum of 1,000,000,000 common shares with a par value of US$0.0001 per share. There was no change to the outstanding shares. The Company expects the trading of its common shares on the TSXV to continue without interruption.","length...