Canada Lithium Corp. Announces Amendment to Articles to Remove Minority Shareholdings

- July 16th, 2010

Canada Lithium Corp. (TSX:CLQ)(OTCQX:CLQMF)(PINK SHEETS:CLQMF) announced that the TSX has conditionally approved the consolidation and stock split of its issued share capital, the implementation of which will result in the elimination of all shareholdings of less than 100 shares in exchange for a cash payment.

Canada Lithium Corp. (TSX:CLQ)(OTCQX:CLQMF)(PINK SHEETS:CLQMF) announced that the TSX has conditionally approved the consolidation and stock split of its issued share capital, the implementation of which will result in the elimination of all shareholdings of less than 100 shares in exchange for a cash payment.

The press release is quoted as saying:

This transaction was approved by the shareholders of the Company at its annual and special meeting of shareholders held on May 20, 2010.

Click here to access the entire press release

Click here to access Canada Lithium Corporate Site

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