Goldcore Resources Ltd (CVE:GEM) (FRA:BK2P) has said its shares will begin trading under the name Green Battery Minerals Inc on Monday, March 22 after the group received the green light for the change from the TSX Venture Exchange.
There is no change to its trading symbol, the company said, noting that the new identity is to "better reflect the company's strategic focus of working towards supplying green, clean (environmentally safe) elements for the Lithium Ion battery market".
READ: Goldcore Resources says its board of directors have approved a change of the company's name to Green Battery Minerals
The firm holds an advanced graphite project in northern Quebec, in which it has invested over $6 million proving out a resource. It has also contracted ProGraphite of Germany to build test batteries to prove that its graphite can be used in making batteries.
"The electrification of the world is occurring, and the Quebec government is behind the process and wants to ensure Quebec is a global leader in the development of the strategic commodity supply chain," said Goldcore CEO Tom Yingling.
"Quebec is blessed with the minerals needed for Lithium Ion Batteries and the Province is located proximal to the North American car manufacturing industry. In addition the St Lawrence seaway provides direct access to global seaborne trade."
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