Vision Lithium Announces Effective Date of Share Consolidation
Val-d'Or, Quebec--(Newsfile Corp. - September 24, 2026) - Vision Lithium Inc. (TSXV: VLI) (OTCQB: ABEPF) (FSE: 1AJ2) (the " Company " or " Vision Lithium ") announces that further to the Company's news release dated January 12, 2026, effective at the opening of markets on Monday, September 28, 2026, the common shares in the capital of Company (the " Shares ") will begin trading on the TSX Venture Exchange on a consolidated basis of fifteen (15) pre-consolidation Shares for every one (1) post-consolidation Share (the " Consolidation "). The Company's name and stock symbol will remain unchanged following the Consolidation. The Company's new CUSIP number will be 92837C208 and the new ISIN will be CA92837C2085.
The Company currently has 293,019,151 Shares issued and outstanding, and following the Consolidation, the Company will have approximately 19,534,610 Shares issued and outstanding.
No fractional shares will be issued as a result of the Consolidation. Any fractional shares resulting from the Consolidation will be rounded up or down to the nearest whole Share. The Company's outstanding incentive stock options, warrants, and any convertible securities will be adjusted on the same basis (15:1) to reflect the Consolidation in accordance with their respective terms with proportionate adjustments to be made to the exercise prices.
The Consolidation and all other items of business were approved by shareholders at the annual general and special meeting of the Company's shareholders held on January 30, 2026. Articles of amendment were subsequently filed and the Company expects to receive a certificate of amendment giving effect to the Consolidation effective September 23, 2026.
Registered shareholders holding Shares through the direct registration system (DRS) and beneficial shareholders holding Shares through a broker, investment dealer, bank, trust company or other intermediary will generally have their positions adjusted automatically to reflect the Consolidation in accordance with the procedures of Computershare Investor Services Inc. or their intermediary, as applicable.
Letters of transmittal with respect to the Consolidation will be mailed to all registered shareholders of the Company. All registered shareholders holding share certificates of the Company will be required to send their respective certificates representing the pre-Consolidation Shares along with a properly executed letter of transmittal to the Company's transfer agent, Computershare Investor Services Inc. (the " Transfer Agent "), in accordance with the instructions provided in the letter of transmittal. Additional copies of the letter of transmittal can be obtained by contacting the Transfer Agent at 1-800-564-6253 or by e-mail to corporateactions@computershare.com . All shareholders who submit a duly completed letter of transmittal along with their respective pre-Consolidation Share certificate(s) to the Transfer Agent, will receive a post Consolidation share certificate or direct registration system (DRS) advice representing the post-Consolidation Shares.
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 info@visionlithium.com .
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 effective date of the Consolidation. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, delays in obtaining or failures to obtain required regulatory approvals; changes in equity markets; 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.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/315771
TMX Newsfile
September 24, 2026 - 4:00 AM PDT
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