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Full Circle Lithium Announces Extension and Price Adjustments of Previously Issued Warrants
Full Circle Lithium Announces Extension and Price Adjustments of Previously Issued Warrants ...
About this update from Full Circle Lithium Corp
[{"type":"text","content":"\n\n\n\n Full Circle Lithium Announces Extension and Price Adjustments of Previously Issued Warrants\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n TORONTO\n \n\n ,\n \n\n March 14, 2025\n \n\n /CNW/ - Full Circle Lithium Corp. (\"FCL\" or the \"Company\") (TSXV: FCLI) (OTCQB: FCLIF), a\n \n USA\n \n -based lithium products manufacturer, announces that the Company proposes to amend the exercise price and term of 6,987,393 outstanding common share purchase warrants of the Company (the \"\n \n Warrants\n \n \") which were originally issued on\n \n April 21, 2023\n \n . The proposed expiry of the Warrants will be extended by one year from\n \n April 21, 2025\n \n to\n \n April 21, 2026\n \n , and the proposed exercise price of the Warrants will be decreased from\n \n C$1.10\n \n to\n \n C$0.70\n \n (collectively, the \"\n \n Amendments\n \n \").\n \n\n\n\n\n\n\n\n\n All other terms of the Warrants remain unchanged, and the Amendments are subject to final approval of the TSX Venture Exchange.\n \n\n\n Clarifying Note to February Press Release\n \n\n\n The Company also wishes to clarify the disclosure in its\n \n February 5, 2025\n \n press release (the \"\n \n February PR\n \n \") relating to the consideration payable to RB Milestone Group LLC (\"\n \n RBMG\n \n \") for investor relations services. The February PR disclosed that RBMG had been retained for an initial term of 6 months at a cost of\n \n US$14,500\n \n per month. In accordance with the terms of RBMG's contract, they are engaged for an initial term of six months, during which the Company will make: (i) a one-time payment of\n \n US$34,500\n \n due on the start date of the agreement, and (ii) a one-time payment of\n \n US$25,000\n \n due three months from the start date of the agreement. If RBMG continues to be engaged following the initial six month term, the agreement reverts to a monthly fee of\n \n US$4,500\n \n . All other disclosure related to RBMG in the February PR remains unchanged.\n \n\n\n About Full Circle Lithium Corp.\n \n\n\n FCL has developed an innovative lith...