Business
United Lithium to Change Name to NordX Metals and Complete 2 for 1 Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - May 13, 2026) - United Lithium Corp. (CSE: ULTH) (OTCQB: ULTHF) (FSE: 0UL) ("United Lithium" or the "Company") an
About this update from United Lithium Corp
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - May 13, 2026) - United Lithium Corp. (CSE: ULTH) (OTCQB: ULTHF) (FSE: 0UL) (\"United Lithium\" or the \"Company\") announces today that the Company will consolidate its issued and outstanding common shares (the \"Shares\") at a ratio of two (2) pre-consolidation Shares to one (1) post-consolidation share (the \"Consolidation\"). In connection with the Consolidation, the Company also announces its intention to change its name from \"United Lithium Corp.\" to \"NordX Metals Corp.\" (the \"Name Change\"). As of the date hereof, the Company has 79,469,308 issued and outstanding Shares. Following completion of the Consolidation, the Company is expected to have approximately 39,734,654 issued and outstanding Shares. The Shares are expected to commence trading on a post-Consolidation basis on the Canadian Securities Exchange (\"CSE\") under the new name \"NordX Metals Corp.\" and the new ticker symbol \"NRDX\" effective May 19, 2026, subject to final CSE approval. No fractional Shares will be issued in connection with the Consolidation. The holdings of any shareholder who would otherwise be entitled to receive a fractional Share as a result of the Consolidation shall be rounded up to the nearest whole number. The Consolidation will not affect any shareholder's percentage ownership in the Company other than by the minimal effect of the aforementioned rounding of fractional Shares, even though such ownership will be represented by a smaller number of Shares. Instead, the Consolidation will reduce proportionately the number of Shares held by all shareholders. A letter of transmittal will be mailed to registered shareholders providing instructions with respect to surrendering share certificates representing pre-Consolidation Shares in exchange for post-Consolidation Shares issued as a result of the Consolidation. Until surrendered, each certificate representing pre-Consolidation Shares will be deemed to represent the number of post-Consolidation Shares the holder received as a result of the Consolidation. Shareholders who hold their Shares in brokerage accounts or in book-entry form are not required to take any action as they will have their holdings electronically adjusted by the Company's transfer agent or by their brokerage firms, banks, trust or other nominees. In accordanc...