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American Lithium Minerals announced Worldwide Diversified Holdings will convert its outstanding note into common stock. Conversion removes the related debt from the balance sheet. * Initial distribution set for Q4: one AMLM common share for every 10 Worldwide common shares. Transaction expected to lift AMLM’s sharehold
American Lithium Minerals said Worldwide Diversified Holdings agreed to convert its outstanding note into AMLM common shares. The company said the transaction will eliminate the debt and help lift shareholder count above 500 for uplisting readiness.
American Lithium Minerals Inc. said Worldwide Diversified Holdings will convert its outstanding note into AMLM common shares under an agreed structure.