Argentina Lithium & Energy Corp (TSX-V:LIT, OTCQX:LILIF) said it has amended the terms of a previously announced non-brokered private placement to raise a minimum of $1.2 million and a maximum of $3.5 million. The amended offering involves the sale of between 8 million and 23.33 million units at a price of $0.15 per unit.
Lithium Americas (Argentina) Corp. (NYSE:LAAC ) Q3 2024 Earnings Conference Call November 6, 2024 10:00 AM ET Company Participants Kelly O'Brien - VP, IR & ESG Sam Pigott - President & CEO, Lithium Argentina Alex Shulga - VP & CFO Conference Call Participants Apurva Kilambi - Scotiabank Corinne Blanchard - Deutsche Bank Joel Jackson - BMO Capital Markets David Deckelbaum - TD Cowen Seth Goldstein - Morningstar Mohamed Sidibe - National Bank Financial Operator Ladies and gentlemen, thank you for standing by. My name is Abby, and I will be your conference operator today.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESSWIRE / November 6, 2024 / Discovery Lithium Inc. (CSE:DCLI)(OTCQB:DCLIF)(FRA:Q3Q0) (WKN:A3EFKA) (the "Company," or "Discovery Lithium"), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to announce the closing of its previously announced non-brokered private placement pursuant to which the Company issued an aggregate of 10,000,249 units of the Company (the "Units") at a price of $0.055 per Unit for gross proceeds of $550,014.79 (the "Offering"). Each Unit consisted of one common share of the Company and one share purchase warrant, with each Warrant entitling the holder to purchase one Share at a price of $0.10 per Share for a period of 24 months from closing of the Offering (the "Closing").
Phase 1 targets 5,000 metric tons of lithium carbonate (99.9%+) and 1,000 metric tons of rare earth oxides (99.5%+) with ability to efficiently and modularly scale production Marion, IN super site will refine both recycled materials as well as concentrated ores for ultra-pure rare earth and critical minerals FISHERS, IN / ACCESSWIRE / November 5, 2024 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") wholly owned subsidiary, ReElement Technologies Corporation ("ReElement"), a leading provider of high performance refining capacity of rare earth and critical battery elements, today announced that it has installed power, water and natural gas access and has commenced ordering and delivering equipment to its Marion, IN Advanced Technology super site to bring domestic production of both ultra-pure and separated light and heavy rare earth elements as well as critical battery materials (lithium, cobalt and nickel) that are IRA compliant. ReElement's Marion, Indiana super site will be a first mover in reducing the chokehold that China has on the refining for critical and rare earth elements.
CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF) said that it has selected sites for a carbonation plant in Copiapó and port facilities for export of final lithium carbonate product as part of the pre-feasibility study for its Laguna Verde project in Chile. Locating the lithium extraction (DLE) plant at the Laguna Verde site and the carbonation plant in Copiapó has numerous advantages contributing to a more robust PFS, CleanTech added.
Lithium ION Energy Ltd. (TSX-V:ION, OTCQB:IONGF) announced that it has signed a Letter of Intent (LOI) with United Rare Earths, a US-based firm focused on rare earths recycling and refining, to pursue a business combination.
Argentina Lithium & Energy Corp (TSX-V:LIT, OTCQX:LILIF) announced that it has secured a two-year exploration permit for its Paso de Sico mining concession, part of its Rincon West Project. The permit will enable the company to conduct diamond and rotary drilling on the property, which lies adjacent to Rio Tinto's Rincon Project.
CleanTech Lithium PLC Notice of Annual General Meeting JERSEY, UK / ACCESSWIRE / October 30, 2024 / CleanTech Lithium PLC (AIM:CTL)(Frankfurt:T2N)(OTCQX:CTLHF) ("CleanTech Lithium" or the "Company"), an exploration and development company advancing sustainable lithium projects in Chile, will hold its Annual General Meeting ("AGM") at the offices of the Company at de Carteret House, 7 Castle Street, St Helier JE2 3BT on 26 November 2024 at 11:00AM GMT. As well as the normal business conducted at the AGM, the Board is proposing to: renew the share authorities previously granted in connection with the ASX Listing; amend the articles of association in connection with the ASX Listing; and consolidate the Company's ordinary share capital so that every two existing Ordinary Shares of £0.01 each are consolidated into one Ordinary Shares of £0.02 each (the "New Ordinary Shares") to meet ASX listing requirements.
Argentina Lithium & Energy Corp (TSX-V:LIT, OTCQX:LILIF) announced a non-brokered private placement offering to raise between $2 million and $3.5 million. The company plans to issue a minimum of 13.33 million units at $0.15 per unit, for gross proceeds of $2 million, and a maximum of 23.33 million units, aiming to raise $3.5 million.
In early October 2024, Rio Tinto Group NYSE: RIO—the third-largest mining company worldwide—shook up the industry by announcing that it would acquire Arcadium Lithium plc NYSE: ALTM for $6.7 billion in cash. The global lithium mining market is valued at around $400 million but is growing fast thanks to surging demand for the metal as a key component in powering electric vehicles, consumer electronics, and mobile devices.
CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF) said that its new industrial forward osmosis (iFO) unit has arrived and is being installed at the facilities of Conductive Energy in Chicago, US. The unit will be used to convert concentrated eluate from the company´s pilot plant will be converted into battery-grade lithium carbonate and marks the final piece of equipment required for the downstream conversion process to begin.
Highlights: Three (3) drill holes with strong analytical results from the summer drill campaign are reported herein and highlights include: CS-24-021: Widest interval at 347.1 metres ("m") at 1.35% Li 2 O, including seven (7) higher-grade sub-intervals, including 30 m at 1.76% Li 2 O. CS-24-017: Widest interval at 71.8 m at 1.01% Li 2 O, including 13.3 m at 1.77% Li 2 O.