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Discovery Lithium Inc. Announces Name Change

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Discovery Lithium Inc. (CSE:DCLI)(OTCQB:DCLIF)(FRA:Q3Q0) has announced plans to change its name to Discovery Energy Metals Corp., reflecting an expanded focus beyond lithium to include other critical minerals. The name change is scheduled to take effect on April 1, 2025.

Following the change, the company's shares will trade under the new symbol DEMC on the Canadian Securities Exchange (CSE), while maintaining its current symbols DCLIF on OTC and Q3Q0 on Frankfurt Stock Exchange. The new CUSIP will be 25472R106 and ISIN CA25472R1064.

Shareholders will not need to exchange their existing share certificates, and the name change will not affect the company's share structure or shareholder rights. The change remains subject to regulatory approvals, including final CSE approval.

Discovery Lithium Inc. (CSE:DCLI)(OTCQB:DCLIF)(FRA:Q3Q0) ha annunciato piani per cambiare il proprio nome in Discovery Energy Metals Corp., riflettendo un focus ampliato oltre il litio per includere altri minerali critici. Il cambio di nome è previsto per 1 aprile 2025.

Dopo il cambiamento, le azioni della società verranno scambiate con il nuovo simbolo DEMC sulla Canadian Securities Exchange (CSE), mantenendo i simboli attuali DCLIF su OTC e Q3Q0 sulla Borsa di Francoforte. Il nuovo CUSIP sarà 25472R106 e l'ISIN CA25472R1064.

Gli azionisti non dovranno scambiare i loro certificati azionari esistenti, e il cambio di nome non influenzerà la struttura azionaria della società o i diritti degli azionisti. La modifica è soggetta ad approvazioni regolatorie, inclusa l'approvazione finale della CSE.

Discovery Lithium Inc. (CSE:DCLI)(OTCQB:DCLIF)(FRA:Q3Q0) ha anunciado planes para cambiar su nombre a Discovery Energy Metals Corp., reflejando un enfoque ampliado más allá del litio para incluir otros minerales críticos. El cambio de nombre está programado para entrar en vigor el 1 de abril de 2025.

Tras el cambio, las acciones de la compañía se negociarán bajo el nuevo símbolo DEMC en la Canadian Securities Exchange (CSE), mientras que mantendrán sus símbolos actuales DCLIF en OTC y Q3Q0 en la Bolsa de Frankfurt. El nuevo CUSIP será 25472R106 y el ISIN CA25472R1064.

Los accionistas no necesitarán intercambiar sus certificados de acciones existentes, y el cambio de nombre no afectará la estructura de acciones de la compañía ni los derechos de los accionistas. El cambio está sujeto a aprobaciones regulatorias, incluida la aprobación final de la CSE.

Discovery Lithium Inc. (CSE:DCLI)(OTCQB:DCLIF)(FRA:Q3Q0)는 리튬을 넘어 다른 중요 광물도 포함하는 확장된 초점을 반영하여 이름을 Discovery Energy Metals Corp.로 변경할 계획을 발표했습니다. 이름 변경은 2025년 4월 1일에 시행될 예정입니다.

변경 후 회사의 주식은 캐나다 증권 거래소(CSE)에서 새로운 기호 DEMC로 거래되며, OTC의 DCLIF와 프랑크푸르트 증권 거래소의 Q3Q0 기호는 유지됩니다. 새로운 CUSIP은 25472R106이며, ISIN은 CA25472R1064입니다.

주주들은 기존의 주식 증서를 교환할 필요가 없으며, 이름 변경은 회사의 주식 구조나 주주 권리에 영향을 미치지 않습니다. 변경 사항은 최종 CSE 승인을 포함한 규제 승인을 받아야 합니다.

Discovery Lithium Inc. (CSE:DCLI)(OTCQB:DCLIF)(FRA:Q3Q0) a annoncé des plans pour changer son nom en Discovery Energy Metals Corp., reflétant un accent élargi au-delà du lithium pour inclure d'autres minéraux critiques. Le changement de nom devrait entrer en vigueur le 1er avril 2025.

Après le changement, les actions de la société seront négociées sous le nouveau symbole DEMC à la Canadian Securities Exchange (CSE), tout en conservant ses symboles actuels DCLIF sur OTC et Q3Q0 sur la Bourse de Francfort. Le nouveau CUSIP sera 25472R106 et l'ISIN CA25472R1064.

Les actionnaires n'auront pas besoin d'échanger leurs certificats d'actions existants, et le changement de nom n'affectera pas la structure des actions de la société ni les droits des actionnaires. Le changement est soumis à des approbations réglementaires, y compris l'approbation finale de la CSE.

Discovery Lithium Inc. (CSE:DCLI)(OTCQB:DCLIF)(FRA:Q3Q0) hat Pläne angekündigt, seinen Namen in Discovery Energy Metals Corp. zu ändern, um einen erweiterten Fokus über Lithium hinaus auf andere kritische Mineralien zu reflektieren. Die Namensänderung soll am 1. April 2025 in Kraft treten.

Nach der Änderung werden die Aktien des Unternehmens unter dem neuen Symbol DEMC an der Canadian Securities Exchange (CSE) gehandelt, während die aktuellen Symbole DCLIF an der OTC und Q3Q0 an der Frankfurter Börse beibehalten werden. Die neue CUSIP wird 25472R106 und die ISIN CA25472R1064 sein.

Aktionäre müssen ihre bestehenden Aktienzertifikate nicht eintauschen, und die Namensänderung wird die Aktienstruktur des Unternehmens oder die Rechte der Aktionäre nicht beeinflussen. Die Änderung unterliegt regulatorischen Genehmigungen, einschließlich der endgültigen Genehmigung durch die CSE.

Positive
  • Strategic expansion into broader critical minerals market beyond lithium
Negative
  • None.

Company to commence trading April 1, 2025 under ticker symbol DEMC

VANCOUVER, BC / ACCESS Newswire / March 28, 2025 / Discovery Lithium Inc. (CSE:DCLI)(OTCQB:DCLIF)(FRA:Q3Q0) (the "Company" or "Discovery Lithium"), is pleased to announce that it plans to change its name from "Discovery Lithium Inc." to "Discovery Energy Metals Corp." (the "Name Change") to reflect the Company's pursuit of potential critical mineral opportunities beyond lithium exclusively. The Company expects the Name Change to take effect at market open on April 1, 2025.

The Company's common shares (the "Common Shares"), which currently trade under the symbol "DCLI" on the Canadian Securities Exchange (the "CSE") are expected to trade under the new symbol "DEMC" on the CSE. There will be no change to the Company's symbol "DCLIF" on the OTC or "Q3Q0" on the Frankfurt Stock Exchange. The new CUSIP for the Common Shares is 25472R106 and the new ISIN is CA25472R1064.

For more information, a new website will be available shortly at: www.discoveryenergymetals.com.

Completion of the Name Change is subject to the receipt of all required regulatory approvals, including final approval by the CSE. Shareholders of the Company are not required to exchange their existing share certificates for new certificates bearing the Company's new name. The Name Change does not affect the Company's share structure or the rights of the Company's Shareholders.

About Discovery Lithium (CSE:DCLI)(OTCQB:DCLIF)(FRA:Q3Q0)(WKN:A3EFKA)

Discovery Lithium Inc. is a Canadian exploration company focused on advancing mineral resource projects in North America. The Company holds a 100% interest in 1,675 mineral claims in Serindac Lake and 2,113 mineral claims in Vaubert Lake for a combined total of approximately 164,283 hectares (~405,952 acres) located in the Nunavik region of Northern Quebec, and with a further total of 303 mineral claims comprising approximately 16,392 hectares (~40,505.5 acres) identified as the Route De Nord, Lac Belanger, Lac Ferland and Lac Roberston properties located across the northern and eastern regions of Québec including the prolific lithium district of the James Bay region. Additionally, the Company is actively advancing its ESN Project for gold exploration in Nevada and evaluating the Koster Dam Project in Central British Columbia through a joint venture with Cariboo Rose Resources. Find out more at: www.discoverylithium.com and follow us on X (formerly twitter), and LinkedIn.

On behalf of the Board of Directors,

Mike Hodge
President & Chief Executive Officer

For further information, please contact:

Discovery Lithium Inc.
1450 - 789 West Pender Street,
Vancouver, BC Canada V6C 1H2
Telephone: +1 (778) 868-2226
Email: info@discoverylithium.com
Web: www.discoverylithium.com

Caution Regarding Forward-Looking Information

Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. The Company's actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, changes to the Company's strategic growth plans, and other factors, many of which are beyond the control of the Company. The Company believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Company's expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.

SOURCE: Discovery Lithium Inc.



View the original press release on ACCESS Newswire

FAQ

When will Discovery Lithium (DCLIF) change its name to Discovery Energy Metals Corp?

Discovery Lithium will change its name to Discovery Energy Metals Corp. on April 1, 2025.

Will DCLIF stock symbol change after Discovery Lithium's name change?

The DCLIF symbol will remain unchanged on OTC, while the CSE symbol will change from DCLI to DEMC.

Do Discovery Lithium (DCLIF) shareholders need to exchange their share certificates after the name change?

No, shareholders are not required to exchange their existing share certificates for new ones.

What is the new CUSIP and ISIN for Discovery Lithium (DCLIF) after the name change?

The new CUSIP will be 25472R106 and the new ISIN will be CA25472R1064.

Why is Discovery Lithium (DCLIF) changing its name to Discovery Energy Metals Corp?

The name change reflects the company's expanded focus to pursue critical mineral opportunities beyond lithium exclusively.
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