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Champion Electric Metals Inc.

OTC:CHELF

$0.0051 USD

$0 (0.0%)

Volume
24.63K
Average Volume
90.33K
Market Capitalization
$1.51M
P/E Ratio
-1.25
Dividend Yield
0.00%
Price Target
$
Year High
$0.01
Year Low
$0.00
Day High
Day Low
Payout Ratio
$0.00
Current Ratio
$0.33
Source Headline
Champion Electric Announces Closing of Debt Settlement

Toronto, Ontario--(Newsfile Corp. - May 22, 2026) - Champion Electric Metals Inc. (CSE: LTHM) OTC Pink: CHELF) (FSE: 1QB0) ("Champion Electric" or the "Company") announces that, further to its press release dated May 14, 2026, it has settled an aggregate of $182,826 in outstanding indebtedness owed to certain creditors of the Company, through the issuance of an aggregate of 17,587,584 common shares (each, a "Share") in the capital of the Company at a deemed issuance of $0.01 per Share (the "Debt Settlement"). The Shares are subject to the following contractual vesting and resale restrictions: 25% of the total Shares vest and are released from restriction on September 22, 2026; 25% vest and are released from restriction on January 22, 2027; 25% vest and are released from restriction on May 22, 2027; and 25% vest and are released from restriction on November 22, 2027.

newsfilecorp.com - 2026-05-22 17:30:00

Champion Electric Commences Desktop Geologic Study on the Champagne Gold Project in Idaho

Toronto, Ontario--(Newsfile Corp. - May 14, 2026) - Champion Electric Metals Inc.  (CSE: LTHM) (OTC Pink: CHELF) (FSE: 1QB0) ("Champion Electric" or the "Company") announces that it has mobilized its technical team to commence a comprehensive desktop geologic study of the Champagne Gold Project located in Butte County, Idaho (the "Project").   The initial focus of the study will be the re-evaluation of significant mineralization intersected in drill holes CC-05 and DDH-CC-20-02 from the 2020 drill campaign, contextualized against today's materially stronger gold and silver price environment (as referenced in LTHM press releases dated January 19, 2021 and February 16, 2021).

newsfilecorp.com - 2026-05-14 17:30:00

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