Skip to main content
The Markets by Proactive
Go to Proactive Australia

Battery Metals

Titan Lithium reaches settlement, reduces convertible shares

Titan Lithium Inc (OTC:CDSG) has reached a settlement agreement with EROP Enterprises, LLC, involving the issuance of 9 million free trading shares and 9 million restricted shares for a 2-year period. This marks a substantial 1,600% reduction in convertible shares from 291 million to 18 million, the company noted. The settlement will be fully reflected in the upcoming quarterly filings.