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Skycap Investment Holdings Inc. Announces Receipt of Shareholder and CSE Approval for Change of Business to Investment Issuer

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Skycap Investment Holdings Inc. (CSE: SKY) (OTCQB: LIMFF) (FSE: 5ZO) has secured both shareholder and Canadian Securities Exchange (CSE) approval to transform from an industrial issuer to an investment issuer. The company will undergo a rebranding from Li-Metal Corp. to Skycap Investment Holdings Inc., with trading under the new name and ticker symbol 'SKY' set to commence on March 31, 2025.

CEO Keshav Kochhar highlighted this transition as a strategic milestone, emphasizing the company's enhanced ability to explore and invest across diverse high-potential industries. Chairman Tim Johnston noted that the approvals reflect confidence in the company's strategic direction and its commitment to identifying opportunities for meaningful returns.

Skycap Investment Holdings Inc. (CSE: SKY) (OTCQB: LIMFF) (FSE: 5ZO) ha ottenuto l'approvazione sia degli azionisti che della Canadian Securities Exchange (CSE) per trasformarsi da emittente industriale a emittente di investimento. L'azienda subirà un rebranding da Li-Metal Corp. a Skycap Investment Holdings Inc., con l'inizio delle negoziazioni sotto il nuovo nome e simbolo 'SKY' previsto per il 31 marzo 2025.

Il CEO Keshav Kochhar ha sottolineato questa transizione come un traguardo strategico, evidenziando la maggiore capacità dell'azienda di esplorare e investire in diversi settori ad alto potenziale. Il presidente Tim Johnston ha osservato che le approvazioni riflettono fiducia nella direzione strategica dell'azienda e nel suo impegno a identificare opportunità per rendimenti significativi.

Skycap Investment Holdings Inc. (CSE: SKY) (OTCQB: LIMFF) (FSE: 5ZO) ha obtenido la aprobación tanto de los accionistas como de la Canadian Securities Exchange (CSE) para transformarse de un emisor industrial a un emisor de inversión. La empresa se rebranding de Li-Metal Corp. a Skycap Investment Holdings Inc., con el inicio de las operaciones bajo el nuevo nombre y símbolo 'SKY' programado para el 31 de marzo de 2025.

El CEO Keshav Kochhar destacó esta transición como un hito estratégico, enfatizando la capacidad mejorada de la empresa para explorar e invertir en diversas industrias de alto potencial. El presidente Tim Johnston señaló que las aprobaciones reflejan confianza en la dirección estratégica de la empresa y su compromiso para identificar oportunidades de rendimientos significativos.

Skycap Investment Holdings Inc. (CSE: SKY) (OTCQB: LIMFF) (FSE: 5ZO)는 산업 발행인에서 투자 발행인으로 전환하기 위해 주주와 캐나다 증권 거래소(CSE)의 승인을 받았습니다. 회사는 Li-Metal Corp.에서 Skycap Investment Holdings Inc.로 브랜드를 변경하며, 새로운 이름과 티커 기호 'SKY'로의 거래가 2025년 3월 31일에 시작될 예정입니다.

CEO Keshav Kochhar는 이 전환을 전략적 이정표로 강조하며, 회사가 다양한 높은 잠재력을 가진 산업을 탐색하고 투자할 수 있는 능력이 향상되었다고 언급했습니다. 회장 Tim Johnston은 이러한 승인이 회사의 전략적 방향에 대한 신뢰와 의미 있는 수익 기회를 식별하려는 노력에 대한 헌신을 반영한다고 말했습니다.

Skycap Investment Holdings Inc. (CSE: SKY) (OTCQB: LIMFF) (FSE: 5ZO) a obtenu l'approbation des actionnaires ainsi que de la Canadian Securities Exchange (CSE) pour se transformer d'émetteur industriel en émetteur d'investissement. L'entreprise se rebrandera de Li-Metal Corp. à Skycap Investment Holdings Inc., avec le début des échanges sous le nouveau nom et le symbole boursier 'SKY' prévu pour le 31 mars 2025.

Le PDG Keshav Kochhar a souligné cette transition comme une étape stratégique, mettant en avant la capacité accrue de l'entreprise à explorer et investir dans divers secteurs à fort potentiel. Le président Tim Johnston a noté que les approbations reflètent la confiance dans l'orientation stratégique de l'entreprise et son engagement à identifier des opportunités de rendements significatifs.

Skycap Investment Holdings Inc. (CSE: SKY) (OTCQB: LIMFF) (FSE: 5ZO) hat sowohl die Genehmigung der Aktionäre als auch der Canadian Securities Exchange (CSE) erhalten, um sich von einem Industrieemittenten in einen Investmentemittenten umzuwandeln. Das Unternehmen wird von Li-Metal Corp. zu Skycap Investment Holdings Inc. umbenannt, wobei der Handel unter dem neuen Namen und dem Tickersymbol 'SKY' am 31. März 2025 beginnen soll.

CEO Keshav Kochhar hob diesen Übergang als strategischen Meilenstein hervor und betonte die verbesserte Fähigkeit des Unternehmens, in verschiedene vielversprechende Branchen zu investieren und zu erkunden. Der Vorsitzende Tim Johnston stellte fest, dass die Genehmigungen Vertrauen in die strategische Ausrichtung des Unternehmens und sein Engagement zur Identifizierung von Möglichkeiten für signifikante Renditen widerspiegeln.

Positive
  • Received regulatory and shareholder approval for business transformation
  • Strategic pivot enables broader investment opportunities across multiple industries
Negative
  • Complete business model change indicates departure from original industrial focus
  • Transformation may introduce new investment risks and uncertainties

Toronto, Ontario--(Newsfile Corp. - March 28, 2025) - Skycap Investment Holdings Inc. (CSE: SKY) (OTCQB: LIMFF) (FSE: 5ZO) ("Skycap" or the "Company") is pleased to announce that it has received shareholder and Canadian Securities Exchange (CSE) approval to transition its business classification from an industrial issuer to an investment issuer. In line with this strategic shift, the Company will rebrand from "Li-Metal Corp.", the current listed issuer, to Skycap Investment Holdings Inc., effective immediately.​

The Company's common shares will commence trading on the CSE on March 31, 2025 under its new name and new ticker symbol of "SKY".

Keshav Kochhar, Chief Executive Officer of Skycap, expressed enthusiasm about the transition, stating, "​This approval and rebranding mark pivotal milestones for our Company. As Skycap, we are now positioned to leverage our financial strength and strategic insights to explore and invest in a broader array of high-potential industries. Our commitment remains steadfast in delivering sustainable value to our stakeholders through prudent and impactful capital deployment."​

Tim Johnston, Chairman of the Board, added, "​The successful approvals from our shareholders and the CSE, coupled with our new identity as Skycap, underscore the confidence in our strategic direction. Transitioning to an investment issuer aligns with our long-term vision and allows us to navigate and adapt to the evolving market landscape effectively. We are excited about the prospects this change brings and are dedicated to identifying and seizing opportunities that drive meaningful returns."​

About Skycap:

Skycap is a Canadian-based investment issuer focused on identifying and investing in high-growth sectors. Leveraging its financial resources and market expertise, Skycap aims to deliver sustainable value to its stakeholders through strategic and diversified investments.​ Additional information about the Company can be found in the Company's filing statement dated March 27, 2025, as filed under the Company's profile on SEDAR+ at www.sedarplus.ca.

Forward-Looking Information:

This news release contains "forward-looking information" within the meaning of applicable securities laws relating to the Company's strategic plans and future operations. Any such forward-looking statements may be identified by words such as "expects," "anticipates," "believes," "projects," "plans," and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements. Such statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that the Company's strategic plans will be achieved as described. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by applicable law.​

For further information, please contact:

Investor Contact:​

Keshav Kochhar​

Telephone: +1 647 494 4887

Email: ir@li-metal.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/246565

FAQ

When will Skycap (LIMFF) start trading under its new ticker symbol SKY?

Skycap will begin trading under its new ticker symbol SKY on the CSE on March 31, 2025.

What is the reason for LIMFF's business classification change?

The company is transitioning from an industrial issuer to an investment issuer to explore and invest in a broader range of high-potential industries.

What exchanges does Skycap (formerly LIMFF) trade on?

The company trades on the CSE, OTCQB, and Frankfurt Stock Exchange (FSE) under the symbols SKY, LIMFF, and 5ZO respectively.

What approvals did LIMFF receive for its business transformation?

The company received both shareholder approval and Canadian Securities Exchange (CSE) approval for its transition to an investment issuer.
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