Source: Madi Minerals Ltd.
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Madi Minerals (MADI) has concluded plans to change its name to Pegmatite One Lithium and Gold Corp
  • The new name gives a precise description of the company’s updated corporate strategy focusing on lithium and gold exploration and development
  • The name change will take effect upon the start of trading on January 27, 2023 when the company’s shares will start trading under the new symbol “PGA”
  • 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

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.


More From The Market Herald

@ the Bell: Q4 off to a rough start for the TSX

The final quarter of 2023 began on a dim note for Canada’s main stock index, which continued its decline on Monday.
Aritzia

Aritzia Inc. stock jumps after it reports Q2 2024 results

Aritzia Inc. (TSX:ATZ) stock jumped early Friday after the Canada-based fashion design house reported second quarter results for fiscal 2024.

An undervalued Canadian mining company hiding in plain sight

The best returns among Canadian mining companies are earned by building conviction when market sentiment is low, such as the present moment.
The Market Herald Video

Pan Global Resources is on the edge of a big discovery

We touch base with Pan Global Resources, which is focused on discovering copper, to find out what is planned for the remainder of the…