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Clean Commodities plans strategic review of operations


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Essential Metals & Mining Insights - January 2021

Industry Top Trends 2021: Metals and Mining

Clean Commodities plans strategic review of operations

Clean Commodities Corp. plans to conduct a strategic review to explore options that will maximize value for its shareholders, including a potential sale of the company.

The company said July 26 that it will also study the possible sale of assets, changing its traded exchange and implementing a share repurchase program.

Additionally, the review will look into changing the company's nature of business and dividing its working capital and asset base into multiple entities.

Clean Commodities believes that current market conditions surrounding its listed securities do not reflect its working capital and mining portfolio.

The review may not result in any change to the company's operations. External advisers may be engaged with respect to the review.

Clean Commodities is focused on exploring its portfolio of clean commodity assets, including the Phoenix and Torp Lake lithium projects in Canada.