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Madi Minerals Ltd. (CSE:MADI) announces name change to Pegmatite One Lithium and Gold Corp.

Market News, Mining
CSE:MADI
26 January 2023 08:30 (EDT)

Source: Madi Minerals Ltd.

Madi Minerals (MADI) has concluded plans to change its name to Pegmatite One Lithium and Gold Corp.

In accordance with the articles of the company, the board of directors gave the approval for the name change on January 18, 2023.

The new name gives a precise description of the company’s updated corporate strategyfocusing on lithium and gold exploration and development.

The name change is expected to take effect upon the start of trading on January 27, 2023.

From January 27, the company’s shares will start trading under the new symbol “PGA”.

The company’s new CUSIP is 705581106 and its new ISIN is CA7055811060.

Shareholders are not required to exchange existing share certificates for new share certificates bearing the company’s new name.

In addition, the name change does not affect the rights of the company’s shareholders and no further action is required by existing shareholders.

Madi Minerals Ltd. is a junior mining company whose principal activity is the acquisition and exploration of mineral properties in Canada.

Madi Minerals Ltd. (MADI) opened trading at $0.08.


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