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Nevada Silver Corporation Announces Effective Date of Name Change to Electric Metals (USA) Limited
Toronto, Ontario--(Newsfile Corp. - May 15, 2023) - Nevada Silver Corporation (TSXV: NSC) (O...
About this update from Electric Metals Usa Limited
[{"type":"text","content":"Nevada Silver Corporation Announces Effective Date of Name Change to Electric Metals (USA) LimitedToronto, Ontario--(Newsfile Corp. - May 15, 2023) - Nevada Silver Corporation (TSXV: NSC) (OTCQB: NVDSF) (\"NSC\" or the \"Company\"), further to its press release of 8th May 2023, is pleased to announce that the effective date of its change of name to \"Electric Metals (USA) Limited\" will be 16th May 2023 (the \"Effective Date\"). On that date, the Company will begin trading at the open on the TSX Venture Exchange under its new name and ticker symbol \"EML\". On the Effective Date, the new ISIN number for the Company will be CA28489D1024 and the new CUSIP number will be 28489D102. The Company is intending that its new ticker symbol on the OTCQB will be \"EMUSF\".As there will be no consolidation of the Company's share capital in connection with the name change, shareholders will not be required to exchange their existing share certificates for new certificates bearing the Company's new name. The name change will not affect the Company's share structure, or the rights of the Company's shareholders and no action will be required to be taken by shareholders with respect to the name change. Outstanding share and warrant certificates will not be affected by the name change and do not need to be exchanged. Along with the name change, the Company will be modifying its logo and will be launching a new website which can be accessed at www.electricmetals.com.Gary Lewis, Director and Chief Executive Officer of the Company, commented, \"We believe that the change of name to Electric Metals (USA) Limited better reflects the focus of the Company and its vision for the future, and its value proposition as a developer of battery and technology-related minerals, including its US manganese and silver properties.\"About Electric Metals (USA) LimitedElectric Metals (USA) Limited (TSXV: EML) is a U.S.-based mineral development company with manganese and silver projects geared to supporting the transition to clean energy. EML's principal asset is the Emily Manganese Project in Minnesota, which has been the subject of considerable technical studies, including a National Instrument 43-101 Technical Report - Resource Estimate, with US$26 million invested to date. The Company's mission in Minnesota is to become a domestic U.S. producer of high-pu...