Business
Global Li-Ion Announces Private Placement, Debt Conversion and Stock Bonus
Vancouver, British Columbia--(Newsfile Corp. - April 10, 2026) - Global Li-Ion Graphite Corp. (CSE: LION) ("Global Li-Ion" or, the "Company") is pleased to announce its intention to carry out a non-brokered private placement (the "Offering") of up to 10,000,000 units of the Company (each, a "Unit") at a price of $0.025 per Unit for gross proceeds of up to $250,000. Each Unit will consist of one (1) common share in the capital of the Company (a "Share") and one (1) common share purchase warrant..
About this update from Lionsgate Studios Corp
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - April 10, 2026) - Global Li-Ion Graphite Corp. (CSE: LION) ("Global Li-Ion" or, the "Company") is pleased to announce its intention to carry out a non-brokered private placement (the "Offering") of up to 10,000,000 units of the Company (each, a "Unit") at a price of $0.025 per Unit for gross proceeds of up to $250,000. Each Unit will consist of one (1) common share in the capital of the Company (a "Share") and one (1) common share purchase warrant (a "Warrant"). Each Warrant will be exercisable into one (1) Share for two years from the date of issuance (the "Exercise Period") at an exercise price $0.10 per Share for the first year of the Exercise Period and at an exercise price of $0.20 for the second year of the Exercise Period. The Proceeds of the Offering will be used for business development and general corporate purposes. All securities to be issued pursuant to the Offering will be subject to a statutory four-month and one day hold period. Finder's fees may be payable in connection with the Offering, all in accordance with the policies of the Canadian Securities Exchange.","length":1214,"tagName":"p"},{"type":"text","content":"Debt Conversion and Stock BonusThe Company further announces that it intends to settle $105,872 of indebtedness (the "Indebtedness") owing to arm's length creditors (the "Creditors") through the issuance of an aggregate of 4,234,877 Units at a price of $0.025 per Unit (the "Debt Conversion"). The Indebtedness represents a portion of certain debts owing by the Company to the Creditors pursuant to a series of promissory notes (the "Notes") executed by the Company in 2024 and 2025, such Notes having an aggregate principal amount of $286,700.","length":589,"tagName":"p"},{"type":"text","content":"The Company further announces that, pursuant to the terms of the Notes, it intends to pay stock bonuses to the Creditors (the "Stock Bonuses"), in the aggregate amount of $80,762.50, through the issuance of an aggregate of 1,612,500 common shares of the Company at a deemed issue price of $0.05 per share.","length":315,"tagName":"p"},{"type":"text","content":"Completion of the Debt Conversion and the Stock Bonuses remain subject to Canadian S...