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Re: JimboSliced post# 4461

Tuesday, 10/24/2017 3:57:51 PM

Tuesday, October 24, 2017 3:57:51 PM

Post# of 10474
JimboSliced, your share numbers were reduced because Western Lithium bought out Lithium Americas and then changed its name to Lithium Americas. You only got a certain number of the new, bigger company's shares for each share of the original Lithium Americas you owned.

See here for the merger announcement dated 06/30/2015: http://www.marketwired.com/press-release/western-lithium-lithium-americas-announce-merger-consolidating-strategic-lithium-deposits-tsx-wlc-2034447.htm

From the above: "Pursuant to the Arrangement Agreement, all of the Lithium Americas issued and outstanding common shares will be exchanged on the basis of one share of Lithium Americas for 0.789 of a common share of Western Lithium (the "Exchange Ratio")."
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