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Lifezone Metals Completes Business Combination with GoGreen, Creates First Pure-Play NYSE Publicly Traded Nickel Resource and Cleaner Technology Company
Lifezone Metals ($LZM) IPOs on NYSE; Becomes First Pure-Play Publicly Traded Nickel Resource Company - YouTubeTap to unmuteLifezone Metals ($LZM) IPOs on NYSE;
About this update from Lifezone Metals Limited
[{"type":"text","content":" Lifezone Metals ($LZM) IPOs on NYSE; Becomes First Pure-Play Publicly Traded Nickel Resource Company - YouTubeTap to unmuteLifezone Metals ($LZM) IPOs on NYSE; Becomes First Pure-Play Publicly Traded Nickel Resource CompanyGreen Stock NewsGreen Stock News7.35K subscribersWatch on Lifezone Metals’ ordinary shares and warrants expected to begin trading on the NYSE under the ticker symbols “LZM” and “LZMW”, respectively, at the opening of trading today Gross proceeds to Lifezone Metals of approximately $86.6 million, including approximately $70.2 million from PIPE investors and approximately $16.4 million of cash held in trust net of redemptions Strong bilateral support for Lifezone Metals from the U.S. and Tanzanian governments, supporting Tanzania’s importance as a key emerging supplier of critical minerals New York (United States) – Lifezone Metals Limited (“Lifezone Metals” or the “Company”) (NYSE: LZM), a modern metals company creating value across the battery metals supply chain from resource to metals production and recycling, is pleased to announce that on July 6, 2023, Lifezone Holdings Limited (\"LHL”) completed the previously announced business combination (the “Business Combination”) with GoGreen Investments Corporation (“GoGreen”), formerly a blank check company listed on the New York Stock Exchange (“NYSE”). Lifezone Metals’ ordinary shares and warrants are expected to begin trading on the NYSE under the ticker symbols “LZM” and “LZMW”, respectively, at the opening of trading today. The Business Combination was implemented through a newly created holding company, Lifezone Metals. Upon completion of the Business Combination, GoGreen merged into a wholly-owned subsidiary of Lifezone Metals, after which GoGreen ceased to exist and the shareholders of GoGreen received shares in Lifezone Metals, and LHL was acquired by Lifezone Metals, after which LHL became an operating wholly-owned subsidiary of Lifezone Metals and the shareholders of LHL received shares in Lifezone Metals. The completion of the Business Combination establishes the first pure-play nickel resource and cleaner technology company listed on the NYSE. The Company received gross proceeds from the transaction of approximately $86.6 million, including approximately $70.2 million in aggregate from a private investment in public equity (“PIPE”) and the recei...