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After Chinese company divested from Calgary lithium firm, mystery firm stepped in

calgaryherald
Summary
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73% Informative

Gator Capital Ltd. bought a 20 per cent stake in a Calgary -based lithium firm that it bought off a Chinese company.

The government says the previous Chinese owner’s investment in Lithium Chile Inc. was harmful to national security.

The Attorney General of Canada filed the application in Federal Court this month for an order directing Gator to dispose of its shares.

DeCecco said she was “upset” by the government’s order for Chengze to divest.

She said she floated the idea of doing a deal with the Canadian government after Chengze was ordered to bow out.

The company is unrelated to Gator Capital Management , a firm based in Florida .

VR Score

76

Informative language

73

Neutral language

75

Article tone

formal

Language

English

Language complexity

67

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

9

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