Sunday, February 18, 2018 2:15:14 PM
LIXXF...Something strange going on here...some kind of breakdown in the buyout that was approved Feb. 6...?...$funding?...Court not agreeing?...
...or some algoBoT trying to fake everyone out...
PRICE almost went back to $1.70 Buyout news Dec. 18...
C$2.61 buyout is USD $2.08/2.06...which is where price has been sitting until recently...=google search 2.61 Canadian dollar = U.S. dollar
http://www.lithium-x.com/news-release/effective-date-for-completion-of-plan-of-arrangement-with-nextview-new-energy-lion-hong-kong-limited/
The reverse break-fee of C$20 million, an amount that is significantly higher than the market standard for break-fees, is being held by the depositary in Canada and the Company expects the remaining funds will be wired to the depositary during the first full week of March, 2018. The Company expects that the Effective Time for completion of the Arrangement will occur the day following the Depositary’s receipt of the required funds.
http://www.lithium-x.com/news-release/lithium-x-energy-corp-announces-securityholder-approval-of-plan-of-arrangement-with-nextview-new-energy-lion-hong-kong-limited/
Completion of the Arrangement remains subject to, among other things, final approval of the Supreme Court of British Columbia, with the hearing for the final order to approve the Arrangement being scheduled for February 7, 2018. The Arrangement is expected to become effective on or about February 14, 2018. ????... last 2 days price has taken a big % drop...
Daily Chart...
...or some algoBoT trying to fake everyone out...
PRICE almost went back to $1.70 Buyout news Dec. 18...
C$2.61 buyout is USD $2.08/2.06...which is where price has been sitting until recently...=google search 2.61 Canadian dollar = U.S. dollar
http://www.lithium-x.com/news-release/effective-date-for-completion-of-plan-of-arrangement-with-nextview-new-energy-lion-hong-kong-limited/
The reverse break-fee of C$20 million, an amount that is significantly higher than the market standard for break-fees, is being held by the depositary in Canada and the Company expects the remaining funds will be wired to the depositary during the first full week of March, 2018. The Company expects that the Effective Time for completion of the Arrangement will occur the day following the Depositary’s receipt of the required funds.
http://www.lithium-x.com/news-release/lithium-x-energy-corp-announces-securityholder-approval-of-plan-of-arrangement-with-nextview-new-energy-lion-hong-kong-limited/
Completion of the Arrangement remains subject to, among other things, final approval of the Supreme Court of British Columbia, with the hearing for the final order to approve the Arrangement being scheduled for February 7, 2018. The Arrangement is expected to become effective on or about February 14, 2018. ????... last 2 days price has taken a big % drop...
Daily Chart...
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