Coloured Ties Subsidiary Announces Approval of Option Agreement, Investee Company Hertz Lithium Begins Trading on CSE
Vancouver, British Columbia--(Newsfile Corp. - April 11, 2023) - Coloured Ties Capital Inc. (TSXV: TIE) (OTC Pink: APEOF) (FSE: 97A0) ("Coloured Ties" or the "Company"), an investment company focused on business incubation and opportunities that disrupt their industry, is pleased to provide the following update:
- The Vieux Comptoir Lithium Property comprises a total of 381 Quebec mineral exploration claims, which amount to a total of 19,533.81 hectares or ~195 square kilometers.
- HERTZ LITHIUM (CSE: HZ) COMPLETES IPO AND BEGINS TRADING ON CSE:
Coloured Ties reports that investee company, Hertz Lithium, has completed it's initial public offering and commenced trading on the CSE under symbol HZ. - Coloured Ties owns 4,579,000 shares of Hertz Lithium and 4,379,000 warrants to buy additional shares at $0.25 per share.
- Hertz Lithium currently has 30,477,001 shares outstanding, which represents a 15% ownership by the Company in the issued and outstanding shares of Hertz Lithium.