SUNNY ISLES BEACH, FL / ACCESSWIRE / August 29, 2024 / Elektros (OTC PINK:ELEK) ("Elektros" or "the Company"), a trailblazer in electric mobility, announced license filing and site preparation underway for Sierra Leone lithium mine. The company has filed for essential licenses and permits, demonstrating its commitment to regulatory compliance and sustainable mining practices.
NEW YORK, NY / ACCESSWIRE / August 28, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Piedmont Lithium Inc. ("Piedmont Lithium" or the "Company"). [email protected] The investigation concerns whether Piedmont Lithium and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
VANCOUVER, BC / ACCESSWIRE / August 28, 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 that it intends to complete a non-brokered private placement of up to 18,000,000 units of the Company ("Units") at a price of $0.075 per Unit for gross proceeds of up to $1,350,000 (the "Offering"). Each Unit will be comprised of one common share of the Company and one share purchase warrant, with each warrant exercisable to acquire one common share of the Company at a price of $0.10 per share for a period of 24 months from the date of issuance.
JERSEY / ACCESSWIRE / August 27, 2024 / CleanTech Lithium PLC (AIM:CTL)(Frankfurt:T2N)(OTCQX:CTLHF), an exploration and development company advancing sustainable lithium projects in Chile, announces the transfer of AUD Loan Notes (Loan Notes) from one Regal Funds1 associate to another Regal Funds associate. On 1 July 2024, the Company announced that Regal Tactical Credit Fund (RTCF), of which Regal Funds Management Pty Ltd (RFM) is a trustee, subscribed for A$3,000,000 of the Loan Notes.
The Department of Defense awarded Lithium Americas Corp. $11.8 million. A Department of Energy loan for over $2 billion is pending. If certain conditions are met, General Motors is set to invest $330 million into Thacker Pass.
Standard Lithium stock has dropped by 67% in the last year, and the stock trades at a valuation gap. The plunge in lithium prices and delayed production timeline contributed to the stock decline, but upside potential remains significant. Partnerships with Equinor and high-quality assets position Standard Lithium for growth, making it a potential long-term investment opportunity.
Lithium Americas has faced challenges with construction financing and environmental lawsuits at its Thacker Pass property, while spinning off its Argentina mine as lithium prices collapsed. However, the Nevada-focused entity remains appealing for investment, with its low-interest DOE loan approval and GM investment providing the necessary capital to get U.S. lithium production going by late 2027. With a 40-year mine life and very low net mining cost projection for Thacker Pass, LAC shares are likely worth significantly more than the current quote to long-term owners.
Lithium Ionic Corp.'s neighbor in Brazil, Latin Resources Ltd., developing its flagship Salinas lithium project, agreed to be acquired by Pilbara Minerals Ltd. PILBF, an Australian hardrock lithium producer, reported Desjardins analyst Frederic Tremblay in an August 15 research note.
SUNNY ISLES BEACH, FL / ACCESSWIRE / August 22, 2024 / Elektros (OTC PINK:ELEK) ("Elektros" or "the Company"), an emerging leader in the electric mobility industry, announced today it has signed lease agreement for Lithium mining project in Sierra Leone. On August 15, 2024, the Company entered into a 13-year ground lease agreement for Lithium mine located at Gbu-Gbu village Gawola Town in the Tinkoko chiefdom Bo District in the southern part of Sierra Leone, West Africa.
Source: Greg Jones 08/19/2024
Arcadium Lithium is undervalued due to temporary oversupply issues in the lithium market and slow EV demand growth. Despite being overshadowed by negative market factors, Arcadium has significant potential for growth and profitability in the future. With a potential rebound in lithium prices and increasing demand, Arcadium's stock could appreciate significantly in the next few years.
GURNEE, IL / ACCESSWIRE / August 19, 2024 / BrightRock Gold Corp. (OTC PINK:BRGC), is pleased to announce the discovery of a new lithium pegmatite outcrop at its Midnight Owl Project located in Wickenburg, Arizona. This significant find marks a major milestone in our ongoing exploration efforts, underscoring the potential of the project to become a leading source of lithium, a critical mineral in the global shift towards renewable energy and electric vehicles.