VANCOUVER, British Columbia, June 13, 2022 (GLOBE NEWSWIRE) — Clear Sky Lithium Corp. (CSE: POWR) (“Clear Sky” or the “Company”), a mineral exploration and development company focused on American lithium deposits to support domestic demand, is pleased to announce that effective today its common shares (the “Shares”) have commenced trading on the Canadian Securities Exchange (CSE) under the ticker symbol “POWR.”
The Company’s ELi property is a claystone lithium project in the Little Smokey Valley, Nevada. The Company is also actively involved in the development of claystone extraction and processing technologies aimed at delivering scalable efficiencies across the value chain in a sustainable manner.
Clear Sky Lithium CEO, Craig Engelsman notes, “We are delighted to have achieved this milestone event and look forward to communicating our story across North America and beyond. The lithium sector is undergoing a global shift and affects everyone as new and exciting technologies to combat climate change are evolving almost daily. We are confident that there is a Clear Sky on the horizon for everyone as the lithium industry helps transform and invigorate American resource development and manufacturing power. We look forward to the continued participation of our early stakeholders and future shareholders as we help unlock the promise of this new global paradigm.”
In addition, the Company announces that it has granted an aggregate of 1,400,000 options to purchase Shares (“Options”) to certain directors, officers, and consultants of the Company. The Options are exercisable to purchase one Share at a price of $0.25 for a period of two years from the date of grant. All of the Options vest immediately and are subject to a statutory hold period of four months plus one day.
Clear Sky Lithium advises the public that as part of its disclosure obligations as a public issuer, all material and regulatory filings can be found on www.sedar.com. We also invite the public to visit our website at www.clearskylithium.com for more information and to sign up to receive our “news alerts” for timely news release distribution and related company information. Please also ensure you watch our video.
On Behalf of The Board of Directors,
Chief Executive Officer & Director
Clear Sky Lithium Corp.
About Clear Sky Lithium Corp. (CSE: POWR)
Clear Sky Lithium is an exploration and development company dedicated to the advancement of North American lithium deposits to support domestic demand. The Company holds interests on the ELi property in Nevada. The Company is also focusing on the development of claystone extraction and processing technologies aimed at delivering scalable efficiencies across the value chain in a sustainable manner. Find out more visit www.clearskylithium.com and watch our video.
Forward Looking Information Disclaimer
This letter contains statements and information that, to the extent that they are not historical fact, may constitute “forward-looking information” within the meaning of applicable securities legislation. Forward-looking information may include financial and other projections, as well as statements regarding future plans, objectives, or economic performance, or the assumption underlying any of the foregoing. In some cases, forward-looking statements can be identified by terms such as “may”, “would”, “could”, “will”, “likely”, “except”, “anticipate”, “believe”, “intend”, “plan”, “forecast”, “project”, “estimate”, “outlook”, or the negative thereof or other similar expressions concerning matters that are not historical facts. Examples of such statements include, but are not limited to, statements with respect to the development of claystone extraction and processing technologies by the Company, and the lithium industry helping to transform and invigorate American resource development and manufacturing power.
Forward-looking information is based on the assumptions, estimates, analysis, and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. The material factors and assumptions used to develop the forward-looking information contained in this news release include, but are not limited to, key personnel and qualified employees continuing their involvement with the Company; the Company’s ability to secure additional financing on reasonable terms; the competitive conditions of the sector in which the Company operates; and laws and any amendments thereto applicable to the Company.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information, including, without limitation, risks relating to the future business plans of the Company; risks that the Company will not be able to retain its key personnel; risks that the Company will not be able to secure financing on reasonable terms or at all, as well as all of the other risks as described in the Company’s final long form prospectus dated May 31, 2022, under the heading “Risks Factors.” Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking information speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company’s management to predict all such factors and to assess in advance the impact of each such factor on the Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking information. The Company does not undertake any obligation to update any forward-looking information to reflect information or events after the date on which it is made or to reflect the occurrence of unanticipated events, except as required by law, including securities laws.
The CSE has neither approved nor disapproved the contents of this press release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Clear Sky Lithium Corp.
Email: [email protected]
Telephone: +1 (778) 383-7240