“Silverton Metals Corp.” has announced that it has changed its name to “Lodestar Battery Metals Corp.” The Company’s common shares (the “Common Shares”) will commence trading on the TSX Venture Exchange under its new stock symbol “LSTR” effective November 14, 2022.
The CUSIP number assigned to the Common Shares following the Name Change will be 54019L109. No action is required by existing shareholders of the Company with respect to the Name Change. Certificates representing Common Shares under the old name of the Company will not be affected by the Name Change and will not need to be exchanged.
The Company has engaged IR Labs Inc. to develop and manage a comprehensive investor relations and corporate communications program, as well as support strategic capital markets advisory services.
IR Labs will be retained for a term of five months. As consideration for the services, the Company has agreed to pay irlabs a monthly fee of $5,000 plus applicable taxes payable from cash on hand. As additional consideration for the services, the Company also granted 100,000 options to irlabs at a price of $0.16 per share for a period of five years from the date of grant. Other than the options granted to irlabs, irlabs will not have direct or indirect beneficial ownership of, control or direction over, or a combination of direct or indirect beneficial ownership of and of control or direction over, securities of the Company or the right to acquire securities of the Company, either in full or partial compensation for services.
IR Labs is a dynamic investor relations firm that applies innovative strategies to create visibility, drive investor engagement and make an impact. Headquartered in Vancouver, BC with team members located across North America, irlabs is industry and sector agnostic and supports both private and public companies with their investor relations programs, corporate communications and corporate governance. For more information visit www.irlabs.ca.
The investor relations engagement is subject to acceptance of the TSX Venture Exchange.