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Stock impact report

Benton Resources Inc. to Seek Shareholders Approval to Spin-out Shares of Vinland Lithium Inc. [Yahoo! Finance]

Piedmont Lithium Inc. (PLL) 
Company Research Source: Yahoo! Finance
filed Management Proxy Materials under its profile on sedarplus.ca for its annual and special meeting of shareholders (the " Meeting "). The Meeting is currently set to be held January 8, 2025 in Vancouver, BC although the actual date is likely to change as a result of the Canadian postal strike. At the Meeting Benton shareholders will be asked to approve a special resolution (two-thirds of votes cast) to reorganize Benton's share capital to facilitate a spin-out to shareholders of approximately 2 million of Benton's 4 million shares of Vinland Lithium Inc. ("Vinland"). Vinland holds the Killick lithium project and is currently owned by Benton (40%), Sokoman Minerals Corp. (40%) and Piedmont Lithium Newfoundland Holdings LLC (Piedmont") a wholly owned subsidiary of NASDAQ listed Piedmont Lithium Inc. (20%). Sokoman will concurrently seek approval of its shareholders for a similar 2 million share spin-out. Subject to the two spin-outs completing, the TSX Venture Exchange has conditiona Show less Read more
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