LatAm Lithium Corp. (TSXV: LALI) (OTC Pink: PFFOF) (FSE: POT) has announced an Annual General and Special Meeting scheduled for October 22, 2026, at which shareholders will be asked to approve a three-for-one share consolidation. The proposed consolidation would reduce the company's issued and outstanding common shares from approximately 35,344,009 to approximately 11,781,336. The board anticipates the consolidation will give the company greater flexibility to pursue less-dilutive financing while advancing its exploration portfolio in the Americas.

Key Points

  • LatAm Lithium Corp. (TSXV: LALI) announced its Annual General and Special Meeting for October 22, 2026
  • Shareholders will vote on a three-for-one share consolidation that would cut the share count to approximately 11,781,336
  • Outstanding warrants (~3,152,500) and stock options (~427,500) would be consolidated on the same basis
  • Investors should watch for TSX Venture Exchange approval following any shareholder vote in favour of the consolidation

LatAm Lithium's October 22 Shareholder Meeting: Voting Eligibility and Materials Timeline

The meeting will be held at 09:00 PDT on October 22, 2026, at the company's Vancouver office at Suite 520 – 470 Granville Street. Shareholders of record as of September 3, 2026, are eligible to vote. The Notice of Meeting and Management Information Circular will be made available on the company's website on September 29, 2026, with related materials expected to be mailed to shareholders by September 23, 2026. The circular will contain additional details regarding voting procedures and all matters to be considered at the meeting.

Proposed 3-for-1 Consolidation Would Sharply Reduce LALI's Share Count

Under the proposed consolidation, every three existing common shares would be exchanged for one post-consolidation common share, reducing the outstanding share count from approximately 35,344,009 to approximately 11,781,336. All outstanding warrants and incentive stock options would be consolidated on the same basis. No fractional shares will be issued; any resulting fractions will be rounded down to the nearest whole number. The company's name and stock symbol will remain unchanged following the consolidation, subject to shareholder and TSXV approval.

Board Cites Financing Flexibility as Primary Rationale for Consolidation

LatAm Lithium's board of directors states that the consolidation is intended to provide the company with greater flexibility to secure less-dilutive financing and to advance its current exploration strategy and project portfolio. The company's articles authorise the consolidation subject to shareholder approval, and the board has already approved the measure. Following any shareholder vote in favour, TSXV approval would also be required before the consolidation takes effect, at which point a Letter of Transmittal would be mailed to holders of physical share certificates by transfer agent TSX Trust Company.