Press release
Futura Lithium Corp. Approves Pre-IPO Shares for Sale
Futura Lithium Corp. previously announced on January 18, 2023 that the company will be progressing forward towards an IPO listing. The company intends to list the IPO on one of the U.S. stock markets within 2023.
Futura Lithium Corp.CEO Jonathan Harmon stated today; "We are now allowing our private equity partners to offer pre-IPO shares for sale to their clients. The shares can only be sold at the current audited value of the shares. Pre-IPO investors will obviously benefit from participating early as all indications point to the IPO being very rewarding since the lithium equities market is forecasted to continue escalating greatly in the near future as well as the long-term. An updated audit will be performed after negotiations on a funding agreement for the Argentina project is signed. We are now very close to signing a major deal for that project. At that time the audited share value will go higher. "
Mr. Harmon also confirmed that Futura Lithium Corp. are currently very close to securing underwriting contracts with a a group of multi-national investment banking institutions that will initiate the IPO process. Announcements will be coming soon relating to the matter.
Jonathan Harmon remarked; "Due to the massive growth of the electric vehicle industry and the industry of renewable energy storage we are now in an extremely high growth era for lithium. It's also called "White Oil", due to the colour and that it acts as fuel for batteries. We strongly feel that by having an IPO this year, our shareholders will maximize the return on their investments and be richly rewarded for showing faith in our company."
27th Floor, 123 Front St. W,
Toronto, ON M5J 2M2, Canada
Tel: 1-647-258-5441
Luna Wong
lunawong@futuralithium.com
Futura Lithium Corp. controls the Salar de Valle Salado Lithium Brine Project, located in the Atacama Region of Northern Chile, in a joint venture partnership with SQM. The company also maintains a large lithium brine project in Salta Province in northwest Argentina. Furthermore, Futura Lithium Corp. is developing a major lithium project in Zacatecas State, Mexico.
For further information contact: investors@futuralithium.com
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