CSE Bulletin: Notice of Distribution - Ameriwest Lithium Inc. (AWLI)
20.09.2022 | Newsfile
Toronto, 20. September 2022) - Ameriwest Lithium Inc. ("Ameriwest" or the "Company") has announced that the Company has entered into an arrangement agreement dated March 31, 2022 with ISM Resources Corp. ("ISM") whereby the Company intends to spin off its existing non-lithium assets into a separate entity ("Spin-Out"), ISM.Through the Spin-Out, shareholders of the Company will exchange all of the existing issued and outstanding Ameriwest common shares (the "Old Ameriwest Shares") for one new common share of the Company (having identical terms as the existing common shares) and one-quarter of one common share in the capital of ISM for each Old Ameriwest Share. There will be no change in Ameriwest shareholders' holdings in the Company as a result of the Spin-Out.
For further information please see the issuer's March 31, 2022 and September 15, 2022 news releases.
| Symbol/Symbole: | AWLI |
| Ex-distribution Date/Date ex-distribution: | Le 22 septembre/September 2022 |
| Record Date/Date d'enregistrement: | Le 23 septembre/September 2022 |
| New CUSIP/ Nouveau CUSIP : | 03078N 10 0 |
| New ISIN/ Nouveau ISIN : | CA 03078N 10 0 6 |
| Old/Vieux CUSIP & ISIN : | 03078L104/CA03078L1040 |
If you have any questions or require further information please contact Listings at (416) 367-7340 or E-mail: Listings@thecse.com.