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Lithion Power Corp.

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DGAP-News News vom 04.10.2018

Lithion Power Corp.: Orlando, Florida, USA / 3rd October, 2018/ Lithion Power Corp. announces that effective October 02, 2018 the Wiener Borse (Vienna Stock Exchange) has eliminated the minimum trading volume requirement of Lithion Power 5.5% Convertible Bonds.

DGAP-News: Lithion Power Corp. / Key word(s): Bond

04.10.2018 / 16:36
The issuer is solely responsible for the content of this announcement.


Orlando, Florida, USA / 3rd October, 2018/ Lithion Power Corp. announces that effective October 02, 2018 the Wiener Borse (Vienna Stock Exchange) has eliminated the minimum trading volume requirement of Lithion Power 5.5% Convertible Bonds.

On December 07, 2017 the Lithion Power 5.5% Convertible Bonds (the "Bonds") were admitted to trading on the Wiener Borse (Vienna Stock Exchange, Third Market). Although the Bonds are denominated in units of EUR 1,000 each, the Bonds were subject to a minimum trade volume of EUR 100,000 and consequently deemed only for Institutional Investors.

On July 25, 2018 the Bonds became the subject of an offering Prospectus which was approved by the U.K. Financial Conduct Authority. On July 26, 2018 the Prospectus was registered in Austria with the Financial Market Authority, and in Germany with the BAFIN pursuant to Prospectus Directive 2003/71/EC as amended by Directive 2010/73/EU.

The registration of a valid Prospectus with the Financial Market Authority (Austria) and a subsequent request by Lithion Power Corp., the Wiener Borse approved the elimination of the EUR 100,000 minimum trade volume on October 02, 2018. As a result the Bonds are no longer deemed suitable only for Institutional Investors but for all Investors including retail Investors who may purchase and trade the Bonds in single units of EUR 1,000 with no required minimum trade amount above EUR 1,000.

The Bonds are currently quoted on the Wiener Borse (Vienna Stock Exchange, Third Market) and the Deutsche Borse (Frankfurt Stock Exchange, Quotation Board) and are available for purchase and sale by retail investors through authorized brokers and banks as a result of the elimination of the minimum trade requirement and that the Bond Prospectus is registered and valid in Austria and Germany and the U.K.

The Management of Lithion Power Corp. believe that this significant regulatory change with regard to the Bonds will provide Investors with greater access to trading in the Bonds and will provide increased liquidity for the Bonds in secondary markets.

Media Contact:

Lithion Power Corp. Phone: +1-954-666-5917

311 Altamonte Commerce Blvd. # 1618 Email: [email protected]

Altamonte Springs, Florida, USA Website: www.lithioncorp.com

About Lithion Power Corp:

Lithion Power Corp. (the "Company") is in the business of supplying and developing minerals and technology for the Lithium Ion Battery Industry. The global Lithium Ion-Battery market is growing at a staggering rate primarily being fueled by the global shift towards the use of electric vehicles and the exponentially growing market for cell phones, laptops, tablets another other consumer devices. The Company will capitalize on the financial growth of this advancing market primarily in the resource sector, the manufacturing sector and the support equipment sector.

The company's strategy is to develop highly flexible, cost efficient and scalable operations through strategic partnerships, licensing and distribution of products, material and mineral supply contracts, technology finance and development. Areas of focus will include innovative product development, mineral resource sourcing, battery cell manufacturing techniques, as well as new and innovative technology developments in all sectors of the industry. The Company's main operations are based in Orlando, Florida which is a key location for high technology power technologies and in proximity to Lithium resources in South America.

Disclaimer:

This document contains forward-looking statements. These statements are based on the current views, expectations and assumptions of the management of Lithion Power Corp. and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those described in such statements due to, among other things, changes in the general economic and competitive environment, risks associated with capital markets, currency exchange rate fluctuations and competition from other companies, changes in international and national laws and regulations, in particular with respect to tax laws and regulations, and other factors. Lithion Power Corp. does not assume any obligations to update any forward-looking statements. This document if for information purposes only and no investment advice neither a solicitation to offer, purchase or sell the profiled securities.



04.10.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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