CALGARY, May 9, 2018 /CNW/ — Lithium Chile Inc. (“Lithium Chile” or the “Company“)(TSX-V:LITH)(OTC:LTMCF)(FRA:KC3) is pleased to announce that it has completed the previously announced “spin out” transaction of its subsidiary, Kairos Metals Corp. (“Kairos Metals“) into a stand-alone company owning the Copper/Gold/Silver property portfolio previously held within Lithium Chile. The transaction was completed by way of a plan of arrangement involving Lithium Chile and Kairos Metals (the “Arrangement”).
Pursuant to the Arrangement, shareholders of Lithium Chile each received one (1) common share of Kairos Metals (each a “Kairos Metals Share“) for each four (4) common ...
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