Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Me either, it’s my experience that it takes around 5 to 10 days for it to be switched over.
MADLONG2029
PLUUF: Effective May 19,2021 The Arrangement was completed on May 11, 2021. Under the Arrangement, each shareholder of the Company is entitled to receive 0.29 of a common share of American Lithium and 0.145 of a common share purchase warrant of American Lithium per each common share of the Company. Each whole common share purchase warrant will entitle the holder to acquire one American Lithium Share at a price of $3.00 until May 11, 2024.
FINRA will delete the symbol.
https://otce.finra.org/otce/dailyList?viewType=Deletions
I honestly can’t gage the response or the upcoming vote.
I will be voting in favor of the transaction.
MADLONG2029
Do you have a sense whether the 66 2/3% threshold will be reached to approve the transaction?
Plateau Energy Metals Provides Update On Arrangement With American Lithium
GlobeNewswire - Wed Mar 10, 6:25AM CST
Plateau Energy Metals Inc. ("Plateau" or the "Company") (TSX-V: PLU | OTCQB: PLUUF) announces that the Special Meeting (the "Special Meeting") of its security holders in connection with its previously announced business combination ("Arrangement") with American Lithium Corp. ("American Lithium") is scheduled to be held on May 3, 2021. Materials for the Special Meeting will be mailed to shareholders and optionholders of record as of the close of business on March 26, 2021. Further details about the Arrangement are set out in the news release of February 9, 2021 and in the information circular to be filed on SEDAR and mailed to shareholders and optionholders of Plateau at the beginning of April. All shareholders and optionholders of Plateau are urged to read the information circular once available, as it will contain important additional information concerning the Arrangement.
The Arrangement will be carried out by way of a court-approved plan of arrangement under the Business Corporations Act (Ontario) and will require the approval of: (i) at least 66 2/3% of the votes cast by all Plateau shareholders; (ii) at least 66 2/3% of the votes cast by all Plateau shareholders and all holders of Plateau stock options voting together as a single class; and (iii) and a simple majority of the votes cast by all Plateau shareholders excluding certain interested or related parties as required by Multilateral Instrument 61-101, in each case by securityholders present in person or represented by proxy at the securityholder meeting.
Closing of the Arrangement is subject to the receipt of applicable regulatory approvals and the satisfaction of certain other closing conditions customary in transactions of this nature, including, without limitation, approval of the Ontario Superior Court of Justice and the TSX Venture Exchange. Closing of the Arrangement is anticipated to occur in May 2021.
Immediately following the completion of the Arrangement, Plateau will become a wholly owned subsidiary of American Lithium, while former Plateau shareholders will own approximately 21% of American Lithium's shares on an outstanding undiluted basis upon completion of the Arrangement.
The Arrangement has been unanimously approved by the board of directors of both American Lithium and Plateau, and the directors of Plateau, based on the recommendation of a special committee of independent directors of Plateau, recommend that Plateau shareholders and optionholders vote in favour of the Arrangement. Directors and officers of Plateau and certain shareholders have entered into customary voting support agreements, representing in aggregate approximately 17% of Plateau's outstanding common shares, to vote in favour of the Agreement.
About Plateau Energy Metals
Plateau Energy Metals Inc., a Canadian exploration and development company, is enabling the new energy paradigm through exploring and developing its Falchani lithium project and Macusani uranium project in southeastern Peru, both of which are situated near significant infrastructure.
About American Lithium
American Lithium (TSXV:LI | OTCQB:LIACF | Frankfurt:5LA1) is actively engaged in the acquisition, exploration and development lithium deposits within mining-friendly jurisdictions throughout the Americas. The company is currently exploring and developing the TLC lithium project located in the highly prospective Esmeralda lithium district in Nevada. TLC is close to infrastructure, 3.5 hours south of the Tesla Gigafactory, and in the same basinal environment as Albemarle's Silver Peak lithium mine, and several advancing deposits and resources, including Ioneer Ltd.'s (formerly Global Geoscience) Rhyolite Ridge and Cypress Development Corp.'s Clayton Valley Project.
For further information, please contact:
Plateau Energy Metals Inc.
Laurence Stefan, Director, Facebook: www.facebook.com/pluenergy/
President & Interim-CEO Twitter: www.twitter.com/pluenergy/
+1-416-628-9600 Website: www.PlateauEnergyMetals.com
IR@PlateauEnergyMetals.com
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.
Forward Looking Statements
This news release contains certain forward-looking information and forward-looking statements (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements. These include statements regarding the intent of American Lithium and Plateau (the "Companies"), or the beliefs or current expectations of the officers and directors of the Companies post-closing of the Arrangement. Forward-looking statements in this news release include, but are not limited to, statements regarding anticipated benefits of the Arrangement, the closing of the Arrangement, TLC and Falchani (the "Projects") and any statements regarding the business plans, expectations and objectives of the Companies.
MADLONG2029
There are others here -
https://stockhouse.com/companies/bullboard?symbol=v.plu
Thanks, I may be alone here...
Glad to see this move up and find a new floor in the .70’s
Also happy to see others here, I knew it would happen!
MADLONG2029
Great day in Plateau - this gapped up and stayed in the .70 range, monitoring. Congrats to all the Plateau faithful - patience pays off!
Thanks, and DD has begun!
MADLONG2029
Looks like .29 Lithium America shares for 1 Plateau share record date Feb 5. At this point I don't know if this deal is good for Plateau or not. You guys over at Plateau need to DD the heck out of this and make a good decision.
Yes - hold onto your shares - looks like some agreement with LIACF in the works. Still needs 2/3 of Plateau shareholder approval.
This just in -
https://www.americanlithiumcorp.com/2021/02/09/american-lithium-reaches-agreement-to-acquire-plateau-energy-metals-and-consolidate-development-stage-lithium-assets/
Oh, it’s so good to see someone else here!!!!!
It has been lonely, but I knew some day, someone would come by...
Yes this is a great investment, look it over and do your DD!
MADLONG2029
Dude. Looking at all the posts it looks like you’re in solitary confinement! Nobody here! LOL
Thinking about dropping a dime here but......
GLTU mate
Time for some eyes here.
Up 21% today!!!
A double win here. Lithium and uranium!!!
MADLONG2029
Lithium Investing STINKS and Winners Are Hard To Find
Plateau is a double play on Uranium and Lithium!!!
And in the green today!!!
MADLONG2029
Making a positive impact in our host communities
We believe that not only do we have valuable resources in the ground, but on the ground as well. Our team is comprised of passionate and talented individuals that are excited and dedicated to developing these 2 projects -projects of the future -the book ends of carbon-neutral green energy (uranium) and a critical mineral used in battery storage (lithium).Plateau benefits from our long-term presence in our host communities, enabling the team to develop a level of respect and cooperation that can only come from long-established operating values. The continuity of our presence and work through a cyclical business, local employment efforts and ongoing information sharing, listening and engagement are keys to that success. It is what has maintained community support for nearly half a generation and will be the guiding principles and key to ongoing success for the future. Our team and the work they do is a tremendous point of pride for us, and we hope, for our shareholders as well.
MADLONG2029
Barchart Technical Opinion
STRONG BUY
The Barchart Technical Opinion rating is a 100% Buy with a Strongest short term outlook on maintaining the current direction.
Long term indicators fully support a continuation of the trend.
https://www.barchart.com/stocks/quotes/PLUUF/overview
MADLONG2029
Lithium is beginning to move, Plateau is positioned perfectly for the EV future!!!
MADLONG2029
TORONTO, Sept. 18, 2020 (GLOBE NEWSWIRE) -- Plateau Energy Metals Inc. (“Plateau” or the “Company”) (TSX-V: PLU | OTCQB: PLUUF) is pleased to provide an update on recent initiatives and activities.
Highlights:
Falchani Lithium Chemical Project desktop work for project optimization programs in progress:
Lithium chemical product flexibility to evaluate lithium hydroxide and lithium sulphate from lithium sulphate solution
Lithium process flowsheet optimization program design
By-product phase 2 program design
Macusani Uranium Project desktop work for project optimization programs in progress:
Pre-concentration work program design as follow on to favourable Cameco results
2 tonne uranium sampling program from 5 different deposit areas for future test work completed
Community support initiatives in Peru ongoing to help ensure the health, safety and wellbeing of our host communities
"Our team has been making concerted efforts to support our host communities in these challenging times" stated Alex Holmes, CEO. "Peru has been hit extremely hard by the global pandemic caused by Covid-19 and a focus of ours is in helping ensure our host communities can be safe and responsible in handling the pandemic."
"To our shareholders, as we navigate these times, we want to remind you of the tremendous value opportunity we have with two strategically important critical minerals projects in the green energy/technology industry. We continue to see investment downstream of raw materials in lithium-ion batteries and electric vehicles, and in nuclear energy as a stable clean energy source. At the same time, we are also seeing future supply constraints surfacing in both battery quality lithium chemicals in a fast-growing demand market and in uranium for fuel for nuclear energy plants. The market dynamics, medium and long-term, are unfolding in our favour and we remain focused on de-risking both projects as they are needed in a green recovery world."
MADLONG2029
Plateau Energy Metals Inc, formerly Plateau Uranium Inc, is a Canada-based exploration-stage company. The Company is a lithium and uranium exploration and development company focused on its properties on the Macusani Plateau in southeastern Peru. Its uranium exploration properties are located in the Puno province. The Company controls over 910 square kilometers of territory on the Macusani plateau and all reported uranium resources known in Peru, growing lithium resources and mineral concessions covering over 91,000 hectares.
MADLONG2029
With the EV wave coming Plateau is a double win with both Lithium and Uranium!!!
It's a cut above the others in so many ways!
https://plateauenergymetals.com/
MADLONG2029
Company Highlights
Strong Management Team & Board
Exploration + development + project finance leadership + operations
Peruvian technical, environmental, permitting + community relations teams
Consolidated Land Package
100% control of 930 km2 land package in one of the world's undeveloped lithium and uranium district
Location: Macusani Plateau, Puno, Southeastern Peru
Excellent Infrastructure
Labour, water and inexpensive hydro-electric power
Transport (major highway 17km from camp)
Reagents supply in-country (H2SO4 )
Access to multiple ports
Mining Supportive Jurisdiction
Supportive government and local communities
Falchani Lithium Project
A clean tech strategic asset
Supply Security (Peru)
Growth Potential
Development Potential
Quality
Excellent Infrastructure
Macusani Uranium
A green energy enabler
Strong Project Economics
Control all U3O8 Resources in Peru
Growth Potential
Excellent Infrastructure
Located in Peru
Plateau Energy Metals Inc., a Canadian based company, led by its experienced leadership team is enabling the new energy paradigm through exploring and developing its Falchani lithium project and its Macusani uranium project in southeastern Peru. The Company, with 100% control of mineral concessions covering over 93,000 hectares (930 km2 ), has significant and growing lithium resources and all reported uranium resources known in Peru, all of which are situated near infrastructure.
Project Highlights
MADLONG2029
Plateau Energy Metals [TSXV:PLU] [GR:QG1A] (OTCQB:PLUUF)
Plateau Energy Metals Inc. (formerly Plateau Uranium) is a Canadian lithium and uranium exploration and development company focused on its properties on the Macusani Plateau in southeastern Peru.
Bought in as part of my green sector.
MADLONG2029
PLATEAU URANIUM Inc. name changed to Plateau Energy Metals Inc
http://otce.finra.org/DLSymbolNameChanges
Followers
|
0
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
28
|
Created
|
01/17/18
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |