Asia is leading the world-wide electrification and controls now lithium battery production and critical materials for electrification of our transportation. In Beijing now you can buy ONLY Electric Car or you have to wait for your luck with the plates lottery! We are following here the generational Bull market in Lithium and Rare Earths and this week we have a catalyst in the making for some upcoming players in these markets.
"Our top pick in Lithium and Rare Earths is getting on the radar screens. It was a very long journey for TNR Gold and now we know why...
TNR Gold has secured Strategic Investor from Asia and put the the delay to the sheer amount of time-leeching negotiations it had to carry out with this investor and regulators from different jurisdictions. Our guess is that the name of the Asian Strategic Investor will be disclosed upon listing of International Lithium.
Now, the company should announce the record date for closing, maybe after the Strategic Investor's board approval. To sum it all up, all shareholders of TNR Gold before that record date will receive units of International lithium which consists of one share and one warrant valid for two years at 0.375CAD. 4 shares in TNR Gold entitle you to receive 1 unit in International Lithium. This is the very easy way to participate in Lithium developer IPO now with the backing from Strategic Investor. TNR Gold will hold 30% in International lithium after spin-off and has other properties in Rare Earths, Gold and Copper."
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