Lithium Chile Inc. (LITH.V)
- News Direct
Lithium Chile Provides A Statement on the Recent Government of Canada Announcement
TheNewswire - November 7, 2022 – Lithium Chile Inc. (“Lithium Chile” or the “Company”) (TSXV:LITH) (OTC:LTMCF) advises that its shareholder, Chengze Lithium International Limited ("Chengze") has received an Order from the Investment Review Division, Canada, to divest of its role and interest in the Company. Chengze owns approximately 19.35% of Lithium Chile's outstanding common shares. The private placements into Lithium Chile Inc., by Chengze completed in January and May of 2022, were completed in accordance with the Canadian Investment Act guidelines and policies.
- Reuters
COLUMN-Canada slams the door on China in critical minerals race: Andy Home
Canada has just upped the ante in the global competition to secure critical minerals. The Canadian government this week ordered Chinese companies to divest their holdings in three Canadian-listed junior mining companies planning to develop lithium deposits. The ban comes within days of Canada announcing a tougher policy on investment in the minerals sector by state-owned entities, particularly those from China, which dominates the processing of key energy transition metals such as lithium, cobalt and rare earths.
- Baystreet
Ottawa Orders Chinese Firms To Divest Stakes In Lithium Miners
Canada’s federal government in Ottawa has ordered three Chinese firms to divest their stakes in ...
