Morella Corporation Ltd (PK) (ALTAF) Quote

“Tender Offer”
Hey anyone, have you also received this message on ALTAF stock shares?? What does this mean and are any of you doing this?

“Tender Offer

Issuer name: MORELLA CORPORATION LTD RTS
CUSIP: Q0268Q2
Cutoff Date: 2024-08-19

The Issuer is proposing a(n) INFORMATION ONLY - NO ACTION.

OPTION1: NA-
INFORMATION ONLY - NO ACTION

I've got US$.0420 but I don't believe its rolling yet. I tried to fill an order but bid was $0 ask was the old US$.017. Altura/Morella long.

ANOTHER REORGANIZATION FEE!!!! This company "reorganized" once for the split, then the "reorganized" again to change the ticker symbol!!!! Every time they make a change the brokerage banks make a bunch of money of the back of the loyal long share holders. I decided to go long through the low prices and even double down and then they do this crap. JAMES BROWN GET YOUR SHIT TOGETHER!!!!!

Why is this so difficult? What is ALTAF stock price?? One site says ;01 one site says it’s .0425 one site says it’s .0024 one site says it’s .0016??? WTF is our actual share price as of right now??

$38 broker reorganization fee, damn that hurts given the PPS.....

Tomorrow or Monday.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174702161

ALTAF one for 25 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

Hey TradingCharts, when will our share price reflect the 25-1 reverse split??

Morella’s shares will be consolidated on the basis that every twenty five (25) shares of the Company will
be consolidated into one (1) share.
The effective date, as advised in the Company’s Notice of Meeting dated 16 May 2024, for the
consolidation of the Company’s shares is 3 July 2024.

I have a small position. I will wait it out.

The only chart that will help the lithium stocks.

https://tradingeconomics.com/commodity/lithium

Thank you, sir....Queston would you try and get out now and take a loss or wait and see what the R/S news brings to attract new investors?
IMO, R/S are never fun, but I have seen some workout well in the past. I will probably hold my shares and hope we get some decent news and the stock pops. Your thoughts?

20 June 2024 Effective Date of Share Consolidation
https://www.morellacorp.com/asx-announcements/
Morella Corporation Limited (ASX: 1MC “Morella” or “the Company”) advises that shareholder approval
was received, at the recent Extraordinary General Meeting of Shareholders of the Company, to
consolidate its issued capital.
Morella’s shares will be consolidated on the basis that every twenty five (25) shares of the Company will
be consolidated into one (1) share.
The effective date, as advised in the Company’s Notice of Meeting dated 16 May 2024, for the
consolidation of the Company’s shares is 3 July 2024.

25:1

Small play, don’t care.

When does it go through? What type of R/S is it going to be for and when does it start? is it 1-50,1-25,1-15-, 1-10 ect....

Never been on a positive side to an RS.

Crossing my fingers on this one

RS has been approved.
https://www.asx.com.au/markets/company/1mc

Good luck.

Price of lithium coming back.
https://tradingeconomics.com/commodity/lithium

I just purchaed 250,000 more shares today :)
Let's get some news $ALTAF

Wow!! What a jump in share price today!! Let’s hope for another repeat performance tomorrow:)

11/03/2024 Half Yearly Report and Accounts
https://www.asx.com.au/markets/company/1mc

What are we waiting/hoping to hear that could cause our share price to rise again??
Waiting for lithium prices to move up. It just started.
https://tradingeconomics.com/commodity/lithium

After Massive Bust, Global Lithium Market Shows Signs of Life
Spot carbonate prices in China back at highest since December
The market is ‘rebalancing,’ while caution remains, UBS says
https://www.bloomberg.com/news/articles/2024-03-12/after-massive-bust-global-lithium-market-shows-signs-of-life

You all thinking we get good news in the next 30-60 days? What are we waiting/hoping to hear that could cause our share price to rise again?? Would love to be at the .05 nickel share price again. Actually my goal price is .10 Dime time in 2024 so I can sell half my shares! Any thoughts or suggestion's from anyone??

Watching closely.

I accumulated before and I like where it’s headed to get some more.

They don’t like to sell just to any one either, tough buy.

Fish Lake Valley, Nevada high ppm of Li there

High volume tonight on the ASX.

https://www.asx.com.au/markets/company/1mc

30/01/2024 Quarterly Activities/Appendix 5B Cash Flow Report
https://www.asx.com.au/markets/company/1mc

So what is the next news we are waiting on?

Positive Results for Fish Lake Valley Project
11/01/2024 3:20 pm
https://www.asx.com.au/markets/company/1mc

5 December 2023 Drilling at Mallina identifies mineralised spodumene
Highlights
Grades up to 3.03% Li2O identified at Pegmatite 2
66 RC drill holes for 3,754m completed at the Mallina Project
Pegmatite 2 remains open along strike to both the North and South
Next phase to include testing extensions to known mineralisation and development of new
target
https://wcsecure.weblink.com.au/pdf/1MC/02749816.pdf
https://www.morellacorp.com/
https://www.asx.com.au/markets/company/1mc

Successful Soil Program at West Wodgina Lithium Project
21/11/2023 3:47 pm
https://www.asx.com.au/markets/company/1mc

20 November 2023 Prospective lithium bearing pegmatite targets
identified at Tabba Tabba East
https://wcsecure.weblink.com.au/pdf/1MC/02741792.pdf
https://www.morellacorp.com/
https://www.asx.com.au/markets/company/1mc

POS ...

Firday on the ASX was a high volume day.

https://www.asx.com.au/markets/company/1mc

2 November 2023 Cleansing Notice

This notice is given by Morella Corporation Limited(ABN 39 093 391774) (ASX:1MC “Morella” or “the Company”)
pursuant tosection 708A(5)(e) of the Corporations Act 2001(Cth)(Corporations Act).
The Company issued 24,937,000 fully paidordinary shares (Shares) at adeemedissue price of approximately
A$0.005per Share to various employees on 2 November 2023, pursuant to the Company’s Executive Incentive
Scheme approved by shareholders at the 2022 AGM.
The Company advises that:
(a) the Shares were issued without disclosure to investors under Part 6D.2 of the Act;
(b) this notice is being given under section 708A(5)(e) of the Act;
(c) as a disclosing entity, the Company is subject to regular reporting and disclosure obligations;
(d) as at the date of this notice, the Company has complied with:
(i) the provisions of Chapter 2M of the Act, as they apply to the Company; and
(ii) section 674 and section 674A of the Act; and
(e) as at the date of this notice, there is no information that is “excluded information” within the meanings of
sections 708A(7) and 708A(8) of the Act
https://wcsecure.weblink.com.au/pdf/1MC/02735452.pdf
https://www.morellacorp.com/

Always look at the ASX to see their price movement, to get a better idea what is happening.

30/10/2023 5:34 pm
Quarterly Activities Report & 5B Cashflow September 2023
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02733334-6A1177822?access_token=83ff96335c2d45a094df02a206a39ff4
https://www.asx.com.au/markets/company/1mc

-75% Just Happened NOW >

19 October 2023 Executive Incentive Share Package
Morella Corporation Limited (ASX: 1MC “Morella” or “the Company”) wishes to announce the Board has
approved an incentive package to reward the Company’s Directors and Executive for their efforts during the
2022/2023 Financial Year.
The objective of the Company's executive reward framework is to ensure reward for performance is
competitive and appropriate for the results delivered. The framework aligns executive reward with the
achievement of strategic objectives and the creation of value for shareholders, and it is considered to conform
to the market best practice for the delivery of reward. The Company’s remuneration philosophy is to attract,
motivate and retain high performance and high quality personnel and is designed to align executive reward to
shareholders' interests.
As a part of the process to finalise the 30 June 2023 Annual Report for Morella, the Board undertook a thorough
review of the Companies performance.
The Remuneration & Nomination Committee, which comprises the full Board of Morella, have determined, the
results of the Company during the period warranted an award of Performance Shares to reflect the
performance of the Directors and Executive.
The Board has determined that a total of 40,143,723 Performance Shares should be issued to Directors and
Executives pursuant to the Company’s Executive Incentive Plan (EIP). The Performance Shares are unrestricted
fully paid ordinary shares in the Company.
Shareholders approved the EIP at the 2022 AGM held on 25 November 2022. Under the EIP a grant of
Performance Shares, can be made on terms and conditions approved by the Board. Shareholder approval of
the EIP enabled the Company to grant entitlements to fully paid ordinary shares for a 3-year period following
shareholder approval, without utilising its placement capacity under ASX Listing Rule 7.1.
James Brown, the Managing Director of Morella stated that
“During the 2022/2023 Financial Year the team at Morella have invested significant time, to progress the
Company on behalf of the shareholders. It has been a difficult year and not everything has gone our way but
the Board could not be more pleased with the efforts of the staff and management.”
“The Board believes that the issue of Equity Securities to Executives is a valuable tool to assist the Company in
the retention of the Directors and Management of the Company. Remuneration packages are reviewed and
determined with due regard to relevant market conditions and each individual’s experience and qualification
and are benchmarked against comparable industry salaries.”
“The Board believes that the Company continues to move forward with its portfolio and is extremely optimistic
in regard to the potential of the Company’s projects at Mallina in Western Australia and Fish Lake Valley and
North Big Smoky in Nevada USA. We have a rigorous evaluation strategy in place for Mallina and Fish Lake
Valley with the foundation of this work to be delivered before the year end and setting the platform for further
progression in 2024."
https://wcsecure.weblink.com.au/pdf/1MC/02727350.pdf

The Program
The drilling program will consist of 66 RC holes amounting to approximately 3,800m of drilling. The
development drilling program is over Pegmatite 2, one of the most prospective pegmatite zones of the
Mallina project.
On the 7 July 2023, the Company was formally notified by the Department of Mines, Industry
Regulation and Safety (DMIRS) that its program of works for utilising ground disturbing equipment had
been approved.
The drill rig (See Figure 2) and residential camp facilities were mobilised to site on 4 September, with
drilling commencing the following day.
Figure 2 – Topdrill RC rig setup
It is expected the full drill program will take 3 to 4 weeks to complete with assay results expected
during Q4 2023.
https://wcsecure.weblink.com.au/pdf/1MC/02710454.pdf

11 SEP 2023 Morella Annual Report to shareholders
https://www.morellacorp.com/annual-reports/

RESEARCH REPORTS
Coming Soon
https://www.morellacorp.com/research-reports/

Updated on 29/9/2023 TOP 20 SHAREHOLDERS
https://www.morellacorp.com/top-20-shareholders/

170000 buy bumped us 333%, this thing is poised to run with volume. HODL! $ALTAF long

I'm not sure what happened here, no news that that I can see. Tempting to average down here, prices don't get much better but they also don't get much worse.....

Hey Trader or anyone for that matter. Why zero volume and zero trades the last 2 weeks? Did I miss something?? What are we waiting for? Thanks

Demolition Man, big drop the last few days Us side and the ASX down too on low volume.. Someone must have wanted out. Not sure if Brett Lynch, had shares in Morella, he could have sold his shares.

I might need to add. There are other announcements I never read or posted. I'll have to look at them later tonight, link here..
https://www.asx.com.au/markets/company/1mc

Thanks TradingCharts, What is your thoughts on $ALTAF future? Not sure why the share price went down with this news. I would think wtih more news this will hit .05 a share in 2024? Thoughts?

Morella Corporation Limited
• 6h •
Morella Corporation Limited is pleased to announce the commencement of drilling at the Company's Fish Lake Valley Lithium Project in Nevada, USA.

Morella has awarded the drilling contract to Layne Minerals LLC for the provision of reverse circulation and core drilling services.

Morella Managing Director, James Brown said: “The commencement of this strategic drilling program marks a pivotal milestone for the Project and its key partner in Lithium Corporation. It signifies the initial step towards tapping into the brine reservoir, with the data we gather being instrumental in shaping the future of our exploration efforts at FLV and importantly, it has the potential to drive the project towards a mineral resource."
Read the full announcement: https://lnkd.in/gH5ZYmtD

Could would get lucky, IBATF doing the DLE a year or two from now???
https://www.linkedin.com/feed/update/urn%3Ali%3Aactivity%3A7106884869351243776/?origin=SHARED%5FBY%5FYOUR%5FPAGES

James Brown
Director of Lithium Corporation
https://lithiumcorporation.com/company/
James is a professional mining engineer with extensive operational and development experience in the mining and exploration industries in Australia, North America, and Indonesia. During this time, he held positions of increasing responsibility from front line mine planning and supervision, land acquisition, government approvals and mine and business development. He was instrumental in bringing the Pilgangoora lithium mine in Western Australia into production.

James is a seasoned mining industry leader. He has raised more than $200 million in investment in the sector and is a member of the Australian Institute of Company Directors (MAICD). James is currently the Managing Director of Morella Corp., (ASX:1MC), an Australian mining company focused on lithium and battery minerals in Australia and the United States, and sits on the Board of Sayona Mining Limited, (ASX:SYA), currently developing the North American Lithium project in Quebec, Canada.

Scary cheap shares, I've accumulated some. They should be fine as their debt is well below their cash. $ALTAF long and strong!

Re: They are in rebuild mode.

—-//——

Do they have enough money to continue?

Why do you think we are having a price drop? Did I miss something? Thanks
$ALTAF

They are in rebuild mode. I've held since Altura and rode them through BK, I wasn't paying attention to lithium prices and they crashed leaving Altura unable to service their debt. I bought more sub penny to average down a bit. SO far the earn in's seem to be the future. Management is pretty rock solid, just need a break to get rolling again. $ALTAF long and strong