VAL-D'OR, QC, Feb. 14, 2018 /CNW/ - ABE Resources Inc. (TSXV: ABE) (OTC: ABEPF) (the "Company" or "ABE") announces that its board of directors has recommended changing the Company's name to "Vision Lithium Inc." (the "Name Change"). The Company will seek shareholder approval for the proposed Name Change at its annual general and special meeting of shareholders, which will be held on Thursday, March 22, 2018 (the "Meeting"). The record date for determining shareholders of the Company entitled to receive notice of, and to attend and vote at, the Meeting has been fixed as February 21, 2018.
In connection with the proposed Name Change, the Company has reserved the new trading symbol "VLI" for its common shares and the new symbol "VLI.WT" for its common share purchase warrants listed on the TSX Venture Exchange (the "TSXV"). The Name Change remains subject to shareholder approval and the approval of the TSXV. Assuming the Name Change is approved at the Meeting, the Company anticipates that the common shares and warrants will commence trading on the TSXV under the new name and the new trading symbols during the last week of March 2018.
Upon completion of the Name Change, the Company's website domain name will change to www.visionlithium.com.
About ABE Resources Inc.
ABE Resources Inc. is a Québec mineral exploration company focused on the discovery and development of mineral deposits of economic potential primarily in the province of Québec, Canada. The Company is actively exploring the Sirmac lithium property and the Dôme Lemieux copper property, two highly prospective battery material properties located in the province of Québec.
NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to: the ability of the Company to obtain all required approvals and the timing of trading of the Company's common shares and warrants under the new name and trading symbols. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such risks and other factors include, but are not limited to, the ability of the Company to obtain all required approvals. There can be no assurance that the forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
SOURCE ABE Resources Inc.
For further information: ABE Resources Inc., Yves Rougerie, President and Chief Executive Officer, Tel: 819-874-6200, Email: [email protected]