Grid Battery Announces Record Date and Effective Date for Spin-Out of AC/DC Battery Shares - Seite 3

The Company has previously announced plans to spin out its wholly-owned subsidiary, AC/DC Battery Metals Inc., finance it separately, and separately list it on the TSX Venture Exchange in 2024. This transaction once complete, will provide a valuable share dividend to each Grid Shareholder of record for no additional cost.

On Behalf of the Board of Directors

"Tim Fernback"
Tim Fernback, President & CEO

Contact Information:
Email: [e-mail]
Phone: [phone]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements.

SOURCE: Grid Battery Metals Inc.

View the original press release on accesswire.com


The Grid Battery Metals Stock at the time of publication of the news with a raise of 0,00 % to 0,033EUR on Tradegate stock exchange (17. April 2024, 22:26 Uhr).