Northwire Canada EditionSaturday, August 29, 2026
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Other

Libra Energy Materials to Participate at Vancouver Resource Investment Conference 2026

LIBR · Price

Executive Summary

  • Libra Energy Materials Inc. issued 305,810 common shares (CAD $0.1635 per share) as consideration for the acquisition of a 100% interest in the Stimson lithium‑cesium project in Ontario, valued at CAD $50,000.
  • The company invited investors to visit its booth (#212) at the Vancouver Resource Investment Conference (VRIC) on Jan 25‑26, 2026.
  • The share issuance is subject to CSE approval; a potential bonus payment may be required under the Asset Purchase Agreement.

Key Details

  • Transaction: Acquisition of Stimson lithium‑cesium project (Ontario).
  • Purchase price: CAD $50,000.
  • Consideration: 305,810 common shares at a deemed price of CAD $0.1635 per share (based on the 5‑day VWAP prior to issuance).
  • Vendors elected share consideration over cash; shares require CSE approval.
  • Possible additional bonus payment contingent on certain parameters in the Asset Purchase Agreement.

  • Share Issuance:

  • Number of shares issued: 305,810 common shares.
  • Deemed price per share: CAD $0.1635.
  • Total nominal consideration: CAD $50,000.

  • Conference Invitation:

  • Event: Vancouver Resource Investment Conference (VRIC) 2026.
  • Dates: Sunday, Jan 25 – Monday, Jan 26, 2026.
  • Location: Vancouver Convention Centre, Booth #212.
  • Purpose: To engage existing and prospective investors and showcase Libra’s portfolio of critical‑minerals projects.

  • Regulatory Notes:

  • Share issuance pending approval by the Canadian Securities Exchange (CSE).
  • Forward‑looking statements included regarding future benefits of the acquisition and upcoming director appointment.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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