Tirex Resources Ltd Changes Name to European Electric Metals Inc And Reports on Share Consolidation Tirex Resources Ltd. has announced a name change to European Electric Metals Inc. (the “Issuer”) and a share consolidation of its issued and outstanding common shares on a one (1) post
488-1090 West Georgia St. www.tirexresources.com
Vancouver B.C. Canada V6E3V7 [email protected]
Tel: 604-687-7130 TSX-V: TXX
January 23, 2018
NEWS RELEASE
Tirex Resources Ltd Changes Name to European Electric Metals Inc And Reports on Share
Consolidation
Tirex Resources Ltd. has announced a name change to European Electric Metals Inc. (the “Issuer”)
and a share consolidation of its issued and outstanding common shares on a one (1) post
consolidation share for each ten (10) pre-consolidation common shares.
As a result, the outstanding shares of the Issuer will be reduced to approximately 15.34 million
shares.
The European Bank for Reconstruction and Development (“EBRD”), as previously disclosed, is the
largest shareholder of the Issuer with ownership of approximately 27.56 per cent of the outstanding
shares (4.22 million shares).
The new name reflects the Issuer’s focus on high grade battery and electrification metals within a
European setting.
European Electric Metals Inc. will trade under a new symbol, “EVX” on the TSX Venture
Exchange.
Management, Directors and Advisors include;
Mr. Fred Tejada, Chief Executive Officer and Director
Mr. Jonathan Richards, Chief Financial Officer
Ms. Shoni Bernard, Corporate Secretary
Mr. George Gorzynski, Director
Mr. Fred Sveinson, Director
Mr. John Booth, Director
Honourable Sheila Copps, Advisor
Mr. Jeff Steiner, Advisor
Dr. Perparim Alikaj, Advisor
The shares will begin trading under the new name and symbol at the open on January 25, 2018.
Please note that all open orders will be cancelled at the end of business on January 24,
2018. Dealers are reminded to re-enter their orders taking into account the share consolidation.
Trading on a Consolidated Basis: January 25, 2018
NEW SYMBOL: EVX
NEW CUSIP: 29877A106
NEW ISIN: CA29877A1066
On behalf of the company,
Mr. Fred Tejada, Chief Executive Officer and Director