RENO, NEVADA--(Marketwired - Sep 24, 2013) - Western Lithium USA Corp. ("Western Lithium" or the "Company") (TSX:WLC) (OTCQX:WLCDF) is pleased to announce that Orion Mine Finance Fund I ("Orion Mine Finance") has become a strategic 19.9% shareholder of the Company. Orion Mine Finance is a $1.14 billion investment fund (as of June 30, 2013) focused on providing financing solutions for the development, construction [...]
RENO, NEVADA--(Marketwired - Sep 23, 2013) - Western Lithium USA Corp. ("Western Lithium" or the "Company") (TSX:WLC)(OTCQX:WLCDF) is pleased to announce that Orion Mine Finance has provided the Company with funding of US$5.5 million, without the issuance of any new shares, by amending the terms of a royalty agreement between Orion and Western Lithium (see press release dated February 6, 2013). Under the new terms, the [...]
RENO, NEVADA--(Marketwired - Sep 13, 2013) - Western Lithium USA Corp. (the "Company" or "Western Lithium") (TSX:WLC)(OTCQX:WLCDF) is responding to a request from the Investment Industry Regulatory Organization of Canada (IIROC) on behalf of the Toronto Stock Exchange (TSX) following recent trading activity. The Company is not aware of any circumstances that could reasonably be expected to justify the recent trading [...]
RENO, NEVADA--(Marketwired - Sep 3, 2013) - Western Lithium USA Corp. ("Western Lithium", the "Company") (TSX:WLC)(OTCQX:WLCDF) is pleased to announce that Keith Petty has joined the Company as Vice President of Marketing to advance the sales strategy for its Hectatone™ and other potential organoclay products. Keith has 25 years of sales experience in the drilling additives and coatings industries. In particular, Keith [...]
RENO, NEVADA--(Marketwired - Aug 28, 2013) - Western Lithium USA Corp. ("Western Lithium", the "Company") (TSX:WLC)(OTCQX:WLCDF) is pleased to announce that bulk sampling of its Kings Valley hectorite clay deposit in Nevada has been completed successfully. The target clay lens was encountered, as expected, at a depth of approximately 3 metres (10 feet) below an alluvial surface layer comprised primarily of silt, sand and [...]
RENO, NEVADA--(Marketwired - Jul 18, 2013) - Western Lithium USA Corp. ("Western Lithium", the "Company") (TSX:WLC)(OTCQX:WLCDF) is pleased to announce that it has initiated the excavation of two bulk sampling sites at its Kings Valley hectorite clay deposit. The Company expects to sample up to five thousand tons of clay for testing and to visually inspect the clay lenses for mine planning. Hectorite clay from the bulk [...]
RENO, NEVADA--(Marketwired - Jul 10, 2013) - Western Lithium USA Corp. ("Western Lithium", the "Company") (TSX:WLC)(OTCQX:WLCDF) is pleased to announce that it has purchased an industrial complex in the City of Fernley to be the production site for its Organoclay Plant, where the Company plans to produce its line of Hectatone™ specialty drilling mud products for the oil and gas industry. The City of Fernley has a [...]
RENO, NEVADA -- (Marketwired) -- 06/13/13 -- Western Lithium USA Corporation ("Western Lithium", the "Company") (TSX: WLC)(OTCQX: WLCDF) is pleased to announce that it has ordered major pieces of equipment consisting of extruders and dryers for a total expenditure of approximately US$1.5 million. The equipment is expected to be fabricated and ready to deliver to Nevada in the fall of 2013. Other capital items that [...]
RENO, NEVADA -- (Marketwired) -- 05/09/13 -- Western Lithium USA Corporation (the "Company") (TSX: WLC)(OTCQX: WLCDF) is pleased to announce that it has been awarded a Patent from the United States Government (US 8,431,005) for its lithium extraction process that was filed in June 2011. The invention relates to the separation of lithium and potassium compounds from lithium-containing materials, primarily ores such as [...]
RENO, NEVADA -- (Marketwired) -- 04/02/13 -- Western Lithium USA Corporation (the "Company") (TSX: WLC)(OTCQX: WLCDF) is pleased to announce that the Bureau of Land Management ("BLM") has concluded that the Company's Kings Valley PLAN OF OPERATIONS for its drilling additives hectorite organoclay business, submitted in late 2012, is complete and they have initiated the National Environmental Policy Act review process for [...]
Western Lithium USA Corporation (the "Company") (TSX:WLC)(OTCQX:WLCDF) is pleased to announce that shareholders have approved all resolutions presented at its Annual General Meeting (the "Meeting") held on March 22, 2013, including the election of the Company's proposed nominees to the board of directors. At the Meeting, 32,290,552 common shares representing 32.06% of the total number of shares issued and outstanding [...]
RENO, NEVADA -- (Marketwire) -- 02/06/13 -- USA: Western Lithium USA Corporation ("Western Lithium", the "Company") (TSX: WLC)(OTCQX: WLCDF) is pleased to announce that it has today, received US$11 million on the closing of the initial tranche of its previously announced royalty financing with RK Mine Finance (Master) Fund II L.P. ("Red Kite") pursuant to a Royalty Purchase Agreement with Red Kite ("Purchase [...]