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Electric Metals restructured from Canada to Delaware to boost U.S. manganese supply chain efforts.
Electric Metals (USA) Limited has completed its transition from a British Columbia-incorporated company to a Delaware-domiciled U.S. corporation, effective December 30, 2025.
The change, approved by shareholders in September, aligns the company’s legal structure with its U.S. operations, including the North Star Manganese Project in Minnesota.
The company now operates under Delaware General Corporation Law, with a fixed authorized share capital of 1 billion common shares and updated by-laws, though outstanding shares and economic rights remain unchanged.
Trading on the TSX Venture Exchange and OTCQB continues without interruption, and the company remains a non-reporting issuer under U.S. securities law.
The reorganization is intended to strengthen ties with U.S. partners, government stakeholders, and capital markets, supporting the development of a domestic manganese supply chain for electrification.
Electric Metals se reestructuró desde Canadá hasta Delaware para impulsar los esfuerzos de la cadena de suministro de manganeso de los Estados Unidos.