Lithium Corporation (LTUM)
OTCQB OTCQB Primary Summary
Argentina Lithium revises LIFE offering to raise up to C$4.3M
Argentina Lithium & Energy Corp (TSX-V:LIT, OTCQX:LILIF) said it has amended the terms of its previously announced “best efforts” marketed offering under the listed issuer financing exemption (LIFE), with plans to raise up to C$4.3 million in gross proceeds. The Vancouver-based company has entered into an agreement with Red Cloud Securities Inc., which is acting as sole agent and bookrunner for the offering.
TNR Gold eyes first royalty payment following Mariana Lithium shipment
TNR Gold Corp (TSX-V:TNR, FRA:TNW, OTC:TRRXF) has welcomed the news that Ganfeng Lithium's subsidiary Litio Minera Argentina S.A. has completed the first export of lithium chloride from the Mariana Lithium Project in Argentina, on which TNR holds a 1.5% net smelter return (NSR) royalty.
Century Lithium highlights improved economics in updated feasibility study for Angel Island project
Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) has released the results of an updated National Instrument 43-101 compliant feasibility study for its wholly owned Angel Island lithium project in Esmeralda County, Nevada. The 2026 Feasibility Study incorporates additional metallurgical testing, engineering optimization, refinements to the mine plan, and updated capital and operating cost estimates.
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Lithium Corporation Profile
| Metals & Mining Industry | Materials Sector | Mr. Thomas Lewis CEO | OTCQB Exchange | 536804107 CUSIP |
| US Country | - Employees | - Last Dividend | 16 Oct 2009 Last Split | - IPO Date |
Overview
Lithium Corporation is an exploration stage mining company focused on the identification, acquisition, and exploration of metal and mineral assets primarily located in Nevada and British Columbia. The company takes a keen interest in exploring a wide range of minerals, including lithium, boron, potassium, graphite, gold, and silver, alongside titanium and rare earth elements. Initially known as Utalk Communications Inc., the organization underwent a rebranding in September 2009 to better reflect its focus and changed its name to Lithium Corporation. Founded in 2007, the company is strategically headquartered in Elko, Nevada, positioning itself in proximity to some of its major exploration sites and projects in the United States.
Products and Services
- Lithium/Boron/Potassium Exploration: Lithium Corporation pursues the identification and exploration of sites rich in lithium, boron, and potassium. These elements are crucial in various industries, including renewable energy (lithium-ion batteries), agriculture (fertilizers), and others, making this exploration aspect critical for the company's growth and relevance in current markets.
- Graphite Exploration: The company also focuses on graphite exploration due to its significant applications in high-temperature lubricants, batteries, and the burgeoning electric vehicle market. Graphite is an essential component of many technologies and the demand is expected to rise as these technologies become more widespread.
- Gold and Silver Exploration: In addition to industrial minerals, Lithium Corporation explores for gold and silver deposits. These precious metals have enduring value and demand in the market, stemming from their use in jewelry, investment, and industrial applications.
- Titanium and Rare Earth Elements Exploration: The exploration for titanium and rare earth elements is part of the company's broader strategy to tap into critical resources needed for advanced technologies, aerospace, and defense industries. Rare earth elements, in particular, are vital for the production of high-strength magnets, batteries, and other technological applications, marking an area of significant potential growth for the company.
