Critical Elements Lithium Corp. Clarifies Stock Activity

On October 3, 2024, Critical Elements Lithium Corp. responded to a request from the Investment Regulatory Organization of Canada. The company, listed on the TSX Venture Exchange, stated that there has been no material change in its business to justify the recent increase in trading in its shares.

Based in Quebec, Critical Elements is focused on developing its high-purity Rose lithium-tantalum project. This initiative is critical to supplying lithium to the electric vehicle and energy storage sectors. The Rose project has received several approvals, strengthening its commercial viability. The company highlights Quebec’s favorable infrastructure, including its green and cost-effective electricity, to support its ambitions in the North American and European markets.