Company Announces Share Consolidation Ratio of 3.3:1

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Finance News

SHARE CONSOLIDATION,COMPANY BOARD APPROVAL,COMMON SHARES

The Company has announced a share consolidation plan where every three and one-third (3 1/3) pre-consolidated common shares will be consolidated into one (1) post-consolidated common share. This move, approved by the board of directors, will reduce the number of issued and outstanding common shares from 70,930,153 to approximately 21,493,985. The consolidation will not require shareholder approval and will not result in fractional shares.

") on the basis of 3.3:1, with each three and one-third pre-consolidated Common Shares being consolidated into one post-consolidated Common Share is committed to advancing the global clean energy transition through the development of proprietary technologies and domestic battery and critical metal resource exploration.

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