LEL 0.00% 36.5¢ lithium energy limited

Ann: BEL: Disposal of Rare Earth Tenements vis Sale of Subsidiary, page-86

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    Hello. There are many examples of delisted companies that relisted, such as this: https://announcements.asx.com.au/asxpdf/20220113/pdf/454yzdbzty0q17.pdf

    CXX was delisted/suspended on 13/01/22 because it sold its principle business asset; a mining tenement and did not have a new business asset.

    It relisted on 7/02/24 as EE1 https://announcements.asx.com.au/asxpdf/20240207/pdf/0604zv22kw4sy9.pdf

    Therefore, for two years, CXX/EE1 was delisted or suspended from trading.

    You don't want this happening to LEL.

    LEL now have some $10,000 tenements to show they are carrying on a business activity. This prevents LEL from being suspended/delisted.


    Last edited by GKeden: 29/05/24
 
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