FORZA LITHIUM AND PLANET GREEN METALS ANNOUNCE MERGER ON A 1:1 SHARE EXCHANGE BASIS [Canadian Business Journal (Canada)]
Planet Green Holdings Corp. (PLAG)
Company Research
Source: Canadian Business Journal
VANCOUVER, British Columbia, Jan. 31, 2024 (GLOBE NEWSWIRE) —Forza Lithium Corp. (CSE:FZCompanyAgreementPlanet GreenVendorsTransactionPursuant 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 “PropertyForza Lithium will acquire the Property as a result of the Transaction, as a second lithium property, in addition to its Jeanette Property. As of January 31, 2024, Planet Green has no revenues, $68,390 in total assets, and $69,534 in total liabilities, based on its management prepared unaudited financial statements.Robert Coltura, President and Chief Executive Officer of the Company stated, “We are very excited to be part of this merger with Planet Green as we look to create a preemi
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