VANCOUVER, BC (March 16, 2018) — Liberty One Lithium Corp. (“Liberty One”, or the “Company”) (TSX.V: LBY) (OTCQB: LRTTF) (FRANKFURT: L1T) is pleased to announce the results of the Company’s annual general meeting (the “AGM”) held on March 15, 2018, in Vancouver, British Columbia.
At the AGM, the shareholders voted to elect Morgan Tincher, Kyle Stevenson, Patrick Whibley and Brad Nichol as directors of the Company for the ensuing year. In addition, at the AGM the shareholders also approved the appointment of Ernst & Young LLP, Chartered Professional Accountants, as the Company’s auditors, and authorized the directors to fix the auditor’s remuneration, together with the continuation of the Company’s current Share Option Plan.
The Company’s strong cash position provides a solid foundation while it continues to entertain and evaluate a wide range of global lithium opportunities. Any identified opportunities that are advanced to the point of material agreement will be communicated to shareholders in due course.
Pursuant to the Company’s AGM results, the Company has granted a total of 4,850,000 stock options under its 10% rolling stock option plan to certain officers, directors and consultants to the Company. The options vest at the date of grant, are exercisable at a price of $0.50 per share and will expire on March 15, 2023. The grant of options is subject to regulatory approval.
ON BEHALF OF THE BOARD OF DIRECTORS
CEO and Director
About Liberty One Lithium (TSX.V: LBY) (OTCPK: LRTTF) (WKN: A2DHMB)
Liberty One Lithium Corp. is an emerging exploration company focused on the acquisition and development of high grade lithium brine deposits. The Company believes that global resources are the key to a robust energy strategy to protect economic stability worldwide. Find out more at: www.libertyonelithium.com.
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