Thanks
@8horse ,
Please check my other posts on this thread today.
As per the 43% you will note that in the IPO pdf, CATL makes statement that it intends to acquire the other half, or vast proportion.
There’s a reason CATL is in NAL’s logo.
CATL pretty much one with NAL, I see...........
North American Lithium Inc. Company Name North American Lithium Inc. Date of Establishment December 17, 2015 Equity 71,515,151 Registered Address and Main Production Site 1010 Sherbrooke West, Suite 2400. Montreal Quebec H3A 2R7 Shareholder Composition and Shareholding Ratio Canadian Times 43.59% of shares, 56.41% of other shareholders' holdings Main business financial data of the last year of operation and sales of lithium ore (unit: 10,000 USD) Date Total net assets Net profit 31 December 2017 / 2017 37,600.56 17,645.53 -339.77 Note : The above financial data has not been audited; in March 2018, the Canadian era signed an equity transfer agreement with Jean International Investment Co., Ltd., intending to continue to acquire 36,592,364 shares of its held North American Lithium Inc., the final transaction price to evaluate the value As a matter of course, after the completion of the transaction, the Canadian era will become the controlling shareholder of North American Lithium Inc.
All IMO & DYOR
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