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Plateau Energy Metals Securityholders Approve Arrangement with American Lithium


Plateau” or the “
Securityholders”) have approved the plan of arrangement (“
Arrangement”) with American Lithium Corp. (“
American Lithium”) announced on February 9, 2021.
The Arrangement was approved by:
99.809% of the votes cast by Plateau shareholders; and
99.827% of the votes cast by Plateau Securityholders, voting together as a single class.
In addition, the Arrangement was approved by a simple majority of the votes cast by Securityholders, excluding the votes cast in respect of the Plateau common shares held by certain related parties (as defined by Multilateral Instrument 61-101 –
Protection of Minority Security Holders in Special Transactions)
.
This year, in light of the ongoing COVID-19 pandemic, the special meeting of Securityholders (the “ ....

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American Lithium Reaches Agreement to Acquire Plateau Energy Metals and Consolidate Development-Stage Lithium Assets


American Lithium Reaches Agreement to Acquire Plateau Energy Metals and Consolidate Development-Stage Lithium Assets
American Lithium Corp. and Plateau Energy Metals Inc. are pleased to announce that they have entered into a definitive arrangement agreement to consolidate two significant and strategic undeveloped lithium assets in the Americas at a time of rapidly growing lithium demand in the context of increasing focus on electric vehicles, energy storage and renewable energy generation. It is expected that Plateau shareholders …
American Lithium Corp. (TSXV:LI | OTCQB:LIACF | Frankfurt:5LA1) (“ American Lithium ”) and Plateau Energy Metals Inc. (TSXV:PLU | OCTQB:PLUUF) (“ Plateau ”) are pleased to announce that they have entered into a definitive arrangement agreement (the “ Agreement ”) to consolidate two significant and strategic undeveloped lithium assets in the Americas at a time of rapidly growing lithium demand in the context of increasing focus on e ....

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