Nevada Lithium Corp. (NVLH), a mineral exploration and development company, announces conditional approval for listing on the TSX Venture Exchange (TSXV). This approval is subject to customary requirements and will result in the company's shares being delisted from the Canadian Securities Exchange (CSE). The listing is expected to enhance investor profile, attract institutional and international investors, and ultimately increase shareholder value.
Nevada Lithium Corp. (CSE: NVLH; OTCQB: NVLHF; FSE: 87K) announced that it has received conditional approval from the TSX Venture Exchange (the “TSXV”) on the TSXV, subject to completion of customary requirements of the TSXV, including receipt of all required documentation. Once final approval is received, the Shares will commence trading on the TSXV and will be delisted from the Canadian Securities Exchange (the “CSE”).
Upon listing on the TSXV, it is expected that the Shares will continue to trade under the ticker symbol “NVLH”. The Company is pursuing a listing on the TSXV to enhance its investor profile as a part of its capital markets initiatives, with the goal of enhancing shareholder value. The Company will provide an additional update once it receives final approval from the TSXV for the listing of the Shares. The update will include the anticipated commencement date for trading of the Shares on the TSXV. Nevada Lithium is a mineral exploration and development company which holds 100% interest in the Bonnie Claire Lithium Project, located in Nye County, Nevada (the “Project”). Nevada Lithium’s CEO said, “We are pleased to announce Nevada Lithium’s conditional approval for listing on the TSXV. This is an important step for the Company as it demonstrates a corporate maturation that is consistent with the ongoing development of our tremendous lithium asset. This listing is also very important in that it will provide increased facility for institutions and international investors to purchase our equity. We believe that there is an increasing market recognition of the size and quality of our lithium resource, as illustrated by our recent Mineral Resource Estimate 43-101 Technical Report announcing 25.634 Mt Lithium Carbonate Equivalent (LCE) at 3,085 ppm Lithium (Li) (Inferred) and 5.167 Mt LCE at 3,519 ppm Li (Indicated) in our Lower Zone (see Company News Release dated November 12, 2024)
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