FORZA LITHIUM AND PLANET GREEN METALS ANNOUNCE MERGER ON A 1:1 SHARE EXCHANGE BASIS [Yahoo! Finance]
Planet Green Holdings Corp. (PLAG)
Company Research
Source: Yahoo! Finance
that on January 23, 2024, it entered into a definitive share purchase agreement (the “ Agreement ”) with Planet Green Metals Inc. (“ Planet Green ”) and all of the shareholders of Planet Green (the “ Vendors ”) to acquire 100% of the issued and outstanding shares of Planet Green (the " Transaction Pursuant to an option agreement dated August 3, 2023, as amended January 16, 2024, among Planet Green, as optionee, and Gravel Ridge Resources Ltd. and 1544230 Ontario Inc., as optionors, Planet Green has the option to acquire a 100% interest in the Harrison Road Lithium property, a mineral exploration property located 90 km northeast of Sioux Lookout, Ontario (the “ Property ”). Planet Green may exercise the option by payment of a total of $102,000 as follows: $30,000 on or before February 15, 2024; $18,000 on or before August 3, 2024; $24,000 on or before August 3, 2025; and $30,000 on or before August 3, 2026. The optionors will retain a 1.5% net smelter royalty, one third of which may
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News
- Planet Green Appoints Dr. Sandy M. Archibald as New Director and Grant Options [Yahoo! Finance]Yahoo! Finance
- Planet Green Appoints Dr. Sandy M. Archibald as New Director and Grant Options [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Forza Lithium Announces Equity Raise [Yahoo! Finance]Yahoo! Finance
- Forza Lithium Announces Equity Raise [Financial Post (Toronto, Ontario, Canada)]Financial Post