Company Progress:
Phoenix Lithium has seen significant growth and increased company value.
Current per-share value presents challenges in liquidity and transferability.
Plan to implement a 10-for-1 stock split to address these challenges.
Each current share (par value US$1.00) will become ten shares (par value US$0.10 each).
This change will not affect the overall economics or percentage of shareholder holdings.
Zoom on 3 June 2024 at 9.00 a.m. (AEST).
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