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LiCo Energy Metals Inc (WCTXF)

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Last Post: 7/21/2018 6:18:42 PM - Followers: 33 - Board type: Free - Posts Today: 1

Welcome to the LiCo Energy Metals, Inc. Board - WCTXF

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Link website LiCo Energy Metals:





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Features in Lithium Stock News:



Press Releases:


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May 8, 2018 News Release:
Quote 1: Pursuant to TSXV Policy 5.9 and Multilateral Instrument 61-101 —  Protection of Minority Security Holders in Special Transactions (“MI 61-101“), the Option Agreement constitutes a “related party transaction” due to the fact that the President and CEO of LiCo is also a director of Surge. The Company relied on Section 5.5(a) of MI 61-101 for an exemption from the formal valuation requirement and Section 5.7(1)(a) of MI 61-101 for an exemption from the minority shareholder approval requirement of MI 61-101 as the fair market value of the transaction did not exceed 25% of the Company’s market capitalization. The disinterested members of the board of directors have unanimously approved the transaction and have determined that the purchase price of the transaction is fair to the Company and its shareholders based on the Company’s previous positive drilling programs on the properties, two unsolicited expressions of interest from arm’s length parties, combined with the purchase price that the Company previously paid to acquire the properties.

May 14, 2018 News Release:    MUST READ !!
Quote 1: The Company sought various financing strategies that would allow it to continue to explore its properties and increase the value of its mineral assets for both calendar 2018 and 2019.
Quote 2: Given the continued softening / deterioration of junior mining equity financing markets and the relatively large number of Company common shares already issued and outstanding, management believed that seeking project specific option agreements would be the Company’s most readily available financing strategy option.
Quote 3: This negotiated agreement not only provides LiCo with valuable cash (CAD $240,000) and equity consideration (1,000,000 common shares in a publicly traded company), but also completes the funding required for the Company’s 2018 and 2019 exploration programs on both the Teledyne and Glencore Bucke properties and funds 60% of all future expenditures on these properties. The stated goal of the 2018 and 2019 exploration programs are to define an underground cobalt resource on the property, which management believes is extremely valuable to both LiCo and its shareholders. It is this reason, along with the need for additional working capital and exploration funds, that management believes that LiCo shareholders will ultimately gain from the funding agreement and association with Surge Exploration Inc.

June 11, 2018 News Release:
Quote 1:
Terms of the Option:
Purchase Price -Surge shall pay the Company the sum of $240,000 and issue 1,000,000 fully paid and non-assessable common shares in the capital of Surge upon Exchange Approval. In addition, Surge shall incur an aggregate of $1,536,000 in Exploration Expenditures on the Property on or before two years from the date of the Agreement.
Joint Venture – Upon Surge having exercised the Option, Surge will have earned an undivided 60% interest in the Property, and the parties will enter into a Commercially Reasonable and Definitive Joint Venture Agreement.
Fairness OpinionLiCo has received an independent third-party fairness opinion from Bruce Laird, P.Geo. relating to the transaction. The fairness opinion confirms and concludes the terms of the Option Agreement between the Company and Surge is fair to the shareholders of the Company.

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WCTXF News: Wildcat Exploration Ltd. (WCTXD: Grey Market) | Symbol Change 10/21/2013 01:01:02 AM
WCTXF News: Deleted Symbol 12/07/2012 01:02:33 AM
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#4456   Barchart Technical Opinion- WCTXF - 88% STRONG SELL Trading for Fun 07/21/18 06:18:42 PM
#4455   Email Sent in Error (that was sent after...) goforthebet 07/20/18 11:33:21 AM
#4454   News update from LiCo via email alert - Ashaman 07/20/18 11:12:17 AM
#4453   Surge Exploration Closes Financing (= LiCo partner) Ashaman 07/20/18 10:56:31 AM
#4452   We need expel Tim out of the board glacierguy 07/17/18 07:09:33 PM
#4451   Calling on the new CEO Rick Wilson to Trading for Fun 07/15/18 08:58:30 AM
#4450   Bravo! Boot Tim as CEO! WCTXF Up 11.43% Trading for Fun 07/04/18 02:26:28 PM
#4449   News out from Company - New CEO being nordicroots 07/03/18 12:28:04 PM
#4448   LiCo June 11, 2018 News Release: Ashaman 06/24/18 03:31:41 AM
#4447   LiCo Energy Metals Shareholder update News Release: Ashaman 06/24/18 03:05:29 AM
#4446   SEDAR filings for LiCo Energy Metals Inc: Ashaman 06/24/18 03:02:28 AM
#4445   Link to Cobalt London Metal Exchange (LME): Ashaman 06/24/18 02:59:12 AM
#4444   I have an order in at .038 and stockless 06/04/18 11:40:51 AM
#4443   Response from a lawyer office(2): glacierguy 05/19/18 11:12:27 AM
#4442   Response from a lawyer office: glacierguy 05/19/18 11:04:21 AM
#4441   From Stochhouse message board, Koska89 wrote: glacierguy 05/18/18 10:07:58 AM
#4440 manny371 05/18/18 08:30:08 AM
#4439   I see these criminals will merge into a glacierguy 05/17/18 09:30:58 AM
#4438   Do you see a possible merger between these manny371 05/16/18 01:51:29 PM
#4437   I don't see any insider trading here with manny371 05/15/18 07:38:39 AM
#4436   Also, sent a complain to BC Securities Commission: glacierguy 05/14/18 10:50:12 PM
#4435   Just email to and a lawyer's office glacierguy 05/14/18 10:20:57 PM
#4434   Not what SH wanted to hear. I see yiannisf 05/14/18 09:16:43 PM
#4433   Well done. I will write one also. Willowcharts 05/14/18 08:07:24 PM
#4432   Thanks. Guy! My email complain to IIRO is glacierguy 05/14/18 05:59:28 PM
#4431   Based on the suggestions from other board members, glacierguy 05/14/18 05:50:03 PM
#4430   Green + $0.002 and Up 4.81% @ $0.0479 EOD Trading for Fun 05/14/18 04:07:48 PM
#4429   WCTXF is bleeding red from every orifice today Trading for Fun 05/14/18 03:01:28 PM
#4428 was down all day yesterday and members Trading for Fun 05/14/18 02:16:24 PM
#4427   LiCo Energy Metals Shareholder Update May 14, Tugtrash 05/14/18 01:45:48 PM
#4426 manny371 05/14/18 07:39:36 AM
#4425   you are a moderator. you can pin it goforthebet 05/14/18 03:28:37 AM
#4424   OTCQB Fact Sheet for International Companies pg.2 Trading for Fun 05/13/18 08:13:18 PM
#4423   OTCQB Fact Sheet for International Companies pg.1 Trading for Fun 05/13/18 07:24:51 PM
#4422   Moderator, please PIN glacierguy's complaint letter regarding WCTXF Trading for Fun 05/13/18 06:45:04 PM
#4421   Can anyone pull up today? Trading for Fun 05/13/18 06:40:46 PM
#4420   Sorry, wrong board! glacierguy 05/13/18 04:26:07 PM
#4419   Hope LITH management(one person) learn something here to glacierguy 05/13/18 04:23:22 PM
#4418   Following is my email complain to Investment Industry glacierguy 05/13/18 04:07:23 PM
#4417   Our boy Tim on the Surge Exploration website. Trading for Fun 05/13/18 11:19:07 AM
#4416   British Columbia Securities Commission contact information Trading for Fun 05/13/18 09:25:42 AM
#4415   CEO TINY TIM the TERRIBLE is a Mobster, Trading for Fun 05/13/18 08:59:48 AM
#4414   Please pay attention to the stockhouse’s message board! glacierguy 05/13/18 08:39:09 AM
#4413   Toronto Stock Exchange contact information Trading for Fun 05/13/18 08:34:29 AM
#4412   I warned you all it would get RED. yiannisf 05/11/18 11:53:52 AM
#4411   Should mention the bids not showing up as stockless 05/11/18 11:05:02 AM
#4410   This is exactly what I expected, good DD Willowcharts 05/11/18 11:01:21 AM
#4409   I'm out and not happy but will keep govprs 05/11/18 10:26:05 AM
#4408   Based on the known facts, Lico managements are glacierguy 05/11/18 08:21:31 AM
#4407   Trading for Fun 05/11/18 07:40:43 AM