Business
Hertz Lithium Announces Listing of Warrants on The CSE
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2023) - Hertz Lithium Inc. (CSE: HZ) (FSE: QE2) (the "Company") is pleased to announce that, further to
About this update from Hertz Energy Inc.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - June 21, 2023) - Hertz Lithium Inc. (CSE: HZ) (FSE: QE2) (the \"Company\") is pleased to announce that, further to its news release dated June 16, 2023, it has received approval from the Canadian Securities Exchange (the \"CSE\") to list, as a supplemental listing on the CSE, a total of 12,802,000 common share purchase warrants (the \"Warrants\") of the Company as a single class. The Warrants are expected to commence trading on the CSE under the symbol \"HZ.WT\" at the open of the markets on June 21, 2023. The Warrants were issued in connection with the Company's initial public offering which was completed on April 6, 2023. The Warrants are governed by a warrant indenture (the \"Warrant Indenture\") entered into between the Company and Odyssey Trust Company. In accordance with, and subject to the terms and conditions of, the Warrant Indenture, each Warrant entitles the holder thereof to acquire one common share of the Company (each, a \"Warrant Share\") upon payment of the exercise price of $0.25 per Warrant Share prior to April 6, 2025. The securities being referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the U.S. or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This news release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. About Hertz Lithium Inc. Hertz Lithium Inc. is a British Columbia based mineral exploration company primarily engaged in the acquisition and exploration of mineral properties. The Company currently has one material mineral property, the Lucky Mica Project, located in the Arizona Pegmatite Belt in the Maricopa County of Arizona, USA, which is in the exploration stage. The Company is also working with the Penn State Research Foundation in the development of a novel lithium extraction technology. For further information, please contact Mr. Kal Malhi or view the Company's filings at www.sedar.com. On Behalf Of the Board of Directors Kal MalhiChief Executive Officer and DirectorPhone: 604-805-4602Email: k...