Business
Queen's Road Capital Completes Name Change & Continuance
Hong Kong, Hong Kong--(Newsfile Corp. - January 31, 2020) - Queen's Road Capital Investment L...
About this update from Queen's Road Capital Investment Ltd.
[{"type":"text","content":"Queen's Road Capital Completes Name Change & ContinuanceHong Kong, Hong Kong--(Newsfile Corp. - January 31, 2020) - Queen's Road Capital Investment Ltd. (TSXV: QRC) (the \"Company\", \"Queen's Road Capital\" or \"QRC\") is pleased to provide an update on the series of transactions announced on September 16, 2019 whereby Lithion Energy Corp. became Queen's Road Capital.Effective January 30, 2020, the Company has completed its name change to Queen's Road Capital Investment Ltd. and became a Caymans Island registered company with its office located at Suite 2006, 2 Queen's Road Central, Hong Kong. After its previously announced private placement financing is completed, the shares of the Company will begin trading on the TSX Venture Exchange under ticker symbol, QRC. Concurrently with the closing of this financing, QRC will complete its change of business and become a Tier 2 Investment Issuer listed on the TSX Venture Exchange. Warren Gilman, as Chairman & Chief Executive, and Alex Granger, as President, will lead the Company going forward from the Hong Kong office. The Board of Directors consists of Mr. Gilman, Mr. Granger and Mr. John Anderson. Mr. Michael Cowin's appointment to the Board of Directors should be completed shortly.On completion of the change of business, Queen's Road Capital intends to become a leading financier to the global resource sector. The Company will be a resource focused investment company, making investments in privately held and publicly traded resource companies. It is intended that the Company will acquire and hold securities for both long-term capital appreciation and short-term gains, with a focus on convertible debt securities and resource projects in advanced development or production located in safe jurisdictions.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.FOR FURTHER INFORMATION, visit the Company's website at www.queensrdcapital.com or contact by email [email protected] or phone +1 604 365 6681 Caution Regarding Forward Looking StatementsCertain statements in this News Release, which are not historical in nature, constitute \"forward looking statements\" within the meaning of that phrase under applicable Canadian securities law...