TORONTO, March 14, 2025 /PRNewswire/ – Complete Circle Lithium Corp. (“FCL” or the “Company”) (TSXV: FCLI) (OTCQB: FCLIF), a USA-based lithium merchandise producer, proclaims that the Corporate proposes to amend the workout value and time period of 6,987,393 remarkable regular percentage acquire warrants of the Corporate (the “Warrants“) which have been at the beginning issued on April 21, 2023. The proposed expiry of the Warrants might be prolonged by way of one era from April 21, 2025 to April 21, 2026, and the proposed workout value of the Warrants might be reduced from C$1.10 to C$0.70 (jointly, the “Amendments“).
All alternative phrases of the Warrants stay unchanged, and the Amendments are topic to ultimate esteem of the TSX Challenge Trade.
Clarifying Be aware to February Press Let fall
The Corporate additionally needs to explain the disclosure in its February 5, 2025 press leave (the “February PR“) when it comes to the honor payable to RB Milestone Workforce LLC (“RBMG“) for investor members of the family services and products. The February PR disclosed that RBMG have been retained for an preliminary time period of 6 months at a price of US$14,500 according to life. Based on the phrases of RBMG’s pledge, they’re i’m busy for an preliminary time period of six months, right through which the Corporate will create: (i) a one-time cost of US$34,500 due at the arrive day of the word, and (ii) a one-time cost of US$25,000 due 3 months from the beginning day of the word. If RBMG remains to be i’m busy following the preliminary six life time period, the word reverts to a per month price of US$4,500. All alternative disclosure matching to RBMG within the February PR remainder unchanged.
About Complete Circle Lithium Corp.
FCL has advanced an cutting edge lithium-ion battery fire-extinguishing agent named FCL-X™, to handle the expanding selection of tough to extinguish and dangerous lithium-ion battery-based fires. FCL-X™ is a non-hazardous hearth extinguishing agent particularly designed to struggle lithium-ion mobile and/or battery fires. This is a water-based answer that neutralizes complicated chemical reactions, making a protecting layer at the floor of fabrics containing elemental lithium. FCL-X™ has been examined by way of 3rd birthday celebration laboratories in addition to on are living fires on each tiny and commercial scale fires and has proved that it mitigates the lithium oxidation response, proscribing hydrogen past and stabilizing decomposing electrolytes. FCL-X™ is simple to importance, with speedy warmth dissipation, minimum clean-up, and non-hazardous homes, making it a sustainable selection. FCL has collected a chief technical crew with over 100 years of mixed lithium, hearth and protection coaching and firefighting revel in. Spare data referring to FCL is to be had on SEDAR at www.sedar.com underneath the Corporate’s profile and on its website online www.fullcirclelithium.com.
For additional data:
Complete Circle Lithium Corp.
Carlos Vicens – CEO & Director
[email protected]
+1.416.977.3832
Cautionary Commentary
Neither TSX Challenge Trade nor its Legislation Products and services Supplier accepts accountability for the adequacy or accuracy of this leave.
This information leave comprises forward-looking statements inside the that means of securities law within the Canada and which might be in keeping with the expectancies, estimates and projections of control of the events as of the day of this information leave until in a different way mentioned. Ahead-looking statements are usually identifiable by way of importance of the phrases “expect”, “anticipate”, “continue”, “estimate”, “objective”, “ongoing”, “may”, “will”, “project”, “should”, “could”, “believe”, “plans”, “intends” or the adverse of those phrases or alternative permutations on those phrases or similar terminology. Extra in particular, and with out limitation, this information leave comprises forward-looking statements and data relating to expectancies at the effectiveness of the promoting and gross sales of FCL-X™ via distribution contracts, the viability, effectiveness, protection and spare commercialization matching to FCL-X™ which is at an early level of commercialization (which may be very tough for a start-up undertaking like FCL as there are a lot better and higher capitalized established firms that may doubtlessly briefly input the lithium-ion battery fire-fighting marketplace and develop robust festival in opposition to FCL), on receiving patent coverage for FCL-X™ and matching innovations and processes, the power of FCL, a start-up undertaking, to effectively commercialize its FCL-X™ together with ramping-up manufacturing of the agent to fulfill possible call for, proceed elevating capital, upgrading and refurbishing its plant, and sourcing feedstock for this and its alternative strains of commercial. Such forward-looking statements contain identified and unknown dangers, uncertainties and alternative elements which would possibly reason latest effects, efficiency or achievements to be materially other from any age effects, efficiency or achievements expressed or implied by way of the forward-looking statements. Such elements come with, amongst others, the uncertainties and possibility elements matching to the technical components in a processing and refining industry, lack of key technical and alternative group of workers, lithium value fluctuations, the battery fire-extinguishing agent functioning as anticipated to fulfill protection necessities and fire-fighting matching executive rules and possible consumer product specs, and acceptable environmental necessities and problems – see spare dangers described in FCL’s crowd filings. Unedited effects, trends and timetables may range considerably from the estimates introduced. Readers are cautioned to not put undue reliance on forward-looking statements. FCL disclaims any intent or legal responsibility to replace publicly such forward-looking statements, whether or not because of brandnew data, age occasions or in a different way, until required by way of legislation. Moreover, FCL undertakes refuse legal responsibility to touch upon analyses, expectancies or statements made by way of 3rd events in admire of FCL, its monetary or working effects or its securities.
SOURCE Complete Circle Lithium Inc
