Vision Lithium Proposes Share Consolidation
Vision Lithium Proposes Share Consolidation
Val-d'Or, Quebec--(Newsfile Corp. - January 12, 2026) - Vision Lithium Inc. (TSXV: VLI) (OTCQB:
ABEPF) (FSE: 1AJ2) (the "
Company
" or "
Vision Lithium
") it has mailed the meeting materials in
connection with its annual general and special meeting of shareholders of the Company to be held on
January 30, 2026 (the "
Meeting
"). The Meeting materials, including the management information
circular dated December 24, 2025 (the "
Circular
"), are available under the Company's profile on
SEDAR+ at
www.sedarplus.ca
and on the Company's website at
www.visionlithium.com
.
At the Meeting, among other things, shareholders will be asked to consider a resolution approving a
consolidation (the "
Consolidation
") of the Company's issued and outstanding common shares (the
"
Common Shares
") on the basis on the basis of a consolidation ratio to be selected by the Company's
board of directors, within a range of between ten (10) pre-Consolidation Common Shares for one (1)
post-Consolidation Common Share and fifteen (15) pre-Consolidation Common Shares for one (1) post-
Consolidation Common Share (the "
Consolidation Proposal
"). If the Consolidation Proposal is
approved, no more than one Consolidation will take place and there will be no successive share
consolidations without the further approval of the Company's shareholders. Moreover, if the
Consolidation Proposal is approved, the Consolidation would only be implemented, if at all, upon a
determination by the Company's board of directors that it is in the best interests of the Company and its
shareholders, at that time.
Background and Reasons for the Consolidation
The Company's board of directors is seeking shareholder approval to implement the Consolidation
because it believes that the resultant increase to the trading price of the Common Shares from effecting
the Consolidation could potentially, and principally, broaden the pool of investors that may consider
investing or be able to invest in the Company.
The Company anticipates that the Consolidation may result in certain additional ancillary benefits.
Achieving a higher market price for the Common Shares through the Consolidation could enhance the
Company's comparability against its peers on per share metrics, as well as minimizing price volatility of
the Common Shares. The Consolidation could also attract investors whose internal investment policies
prohibit or discourage them from purchasing stocks trading below a certain minimum price. The
Consolidation may also increase analysts and brokers interest as policies governing analysts and
brokers may discourage following or recommending companies with lower stock prices. In addition,
brokerage houses and institutional investors may have internal policies and practices that either prohibit
them from investing in lower-priced stocks or tend to discourage individual brokers from recommending
lower-priced stocks to their customers, in part because processing of trades in lower-priced stocks may
be economically unattractive.
Proposed Consolidation Ratios
If the Consolidation is approved and implemented, its principal effect will be to proportionately decrease
the number of issued and outstanding Common Shares by a factor equal to the consolidation ratio
selected by the board of directors. As of the date hereof (and as at the record date for the Meeting at the
close of business on December 24, 2025), the last closing price of the Common Shares on the TSX
Venture Exchange (the "
TSXV
") was $0.02 and there are 293,019,151 Common Shares issued and
outstanding. Based on the number of Common Shares currently issued and outstanding, immediately
following the completion of the Consolidation, for illustrative purposes only, depending on the
Consolidation ratio selected, the number of Common Shares then issued and outstanding (disregarding
any resulting fractional Common Shares) will be as follows:
Share Consolidation Ratio
Approximate Percentage
Reduction in Common Shares
Outstanding
Common Shares Outstanding
10:1
90%
29,301,915
15:1
93.33%
19,534,610
Note
:
(1)
The exact number of Common Shares outstanding after the Consolidation will vary based on the elimination of fractional shares, and certain other
factors, as more fully detailed in the Circular.
The exercise or conversion price and/or the number of Common Shares issuable under any other
outstanding convertible securities of the Company, including under outstanding incentive stock options,
common share purchase warrants, agent compensation options, and any other similar securities of the
Company will be proportionately adjusted upon the implementation of the Consolidation, in accordance
with the terms of such securities, on the same basis as the Consolidation.
The Board is recommending that shareholders approve the Consolidation Proposal at the Meeting. The
Company is not expected to change its name or trading symbol in conjunction with the Consolidation
Proposal. The Consolidation is subject to regulatory approval, including approval of the TSXV, at the
time of the proposed Consolidation.
About Vision Lithium Inc.
Vision Lithium Inc. is a junior exploration company focused on exploring and developing high quality
mineral assets including lithium and copper in Canada. The Company is led by skilled and qualified
mineral exploration experts and business professionals with a deep understanding of the battery
materials market, which is driven by lithium-ion batteries. Vision Lithium completed a PEA on its Sirmac
lithium project in 2023. The Company is committed to discovering new, world-class assets and bringing
these assets to production, starting with its advanced Sirmac lithium property in Québec and Godslith
lithium property located in Manitoba, and a group of base metal rich Ni-Cu-Co and/or Cu-Zn-Ag-Au
properties in eastern Québec and New Brunswick.
For further information on the Company, please visit our website at
www.visionlithium.com
or contact us
at
.
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
contains "forward-looking information" within the meaning of applicable Canadian securities legislation
based on expectations, estimates and projections as at the date of this news release. Forward-looking
information involves risks, uncertainties and other factors that could cause actual events, results,
performance, prospects and opportunities to differ materially from those expressed or implied by such
forward-looking information. Forward-looking information in this news release includes, but is not limited
to, the timing and ability of the Company, if at all, to obtain final acceptance of the Consolidation from the
TSXV and objectives, goals or future plans. Factors that could cause actual results to differ materially
from such forward-looking information include, but are not limited to, capital and operating costs varying
significantly from estimates; delays in obtaining or failures to obtain required regulatory approvals;
changes in equity markets; fluctuations in commodity prices; delays in the development of projects; other
risks involved in the mineral exploration and development industry; and those risks set out in the
Company's public documents filed on SEDAR+ at
www.sedarplus.ca
. Although the Company believes
that the assumptions and factors used in preparing the forward-looking information in this news release
are reasonable, undue reliance should not be placed on such information, which only applies as of the
date of this news release, and no assurance can be given that such events will occur in the disclosed
time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-
looking information, whether as a result of new information, future events or otherwise, other than as
required by law.
For additional information, please contact:
Victor Cantore
Executive Chairman
Tel: +1-514-831-3809
Email:
Yves Rougerie
President and Chief Executive Officer
Tel: +1-819-316-0474
Email:
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/280103