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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.
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Possible additional bonus payment contingent on certain parameters in the Asset Purchase Agreement.
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Share Issuance:
- Number of shares issued: 305,810 common shares.
- Deemed price per share: CAD $0.1635.
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Total nominal consideration: CAD $50,000.
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Conference Invitation:
- Event: Vancouver Resource Investment Conference (VRIC) 2026.
- Dates: Sunday, Jan 25 – Monday, Jan 26, 2026.
- Location: Vancouver Convention Centre, Booth #212.
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Purpose: To engage existing and prospective investors and showcase Libra’s portfolio of critical‑minerals projects.
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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.)
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Jun 11, 2026 · 07:01