International Battery Metals today announces that it has filed for patent protection at the U.S. Patent and Trademark Office for a novel process to produce high purity lithium products that do not rely on electrolysis. This patent application, along with previous applications will protect directly IBAT's extraction and production process in the United States as the company also prepares to file the application [...]
International Battery Metals is pleased to announce that it has closed its previously announced brokered private placement by issuing 6,200,000 units, for aggregate gross proceeds of $2,170,000. Mackie Research Capital Corporation acted as agent for the financing pursuant to the agency agreement dated May 10, 2018 between IBAT and Mackie. Each unit consists of one common share of the Company and one half of one [...]
International Battery Metals is pleased to confirm that it has appointed Dr. John Burba as President, Chief Executive Officer, Chairman and a director of the Company upon completion of the closing of its acquisition of Selective Adsorption Lithium, Inc. as announced on April 13, 2018. In addition the Company confirms that Jeremy Ross has resigned as a director of the Company and Christina Borgese of North American [...]
International Battery Metals is pleased to announce that it has completed the previously announced acquisition of Selective Adsorption Lithium. The Acquisition was completed pursuant to a share exchange agreement entered into between the Company, SAL, the shareholders of SAL and North American Lithium John Burba, incoming chairman and chief executive officer of IBAT, stated, "The SAL shareholders and I are thrilled to [...]
International Battery Metals today announces that Selective Adsorption Lithium, Inc. the technology company being acquired by IBAT has filed for patent protection at the U.S. Patent and Trademark Office for a process relating to contamination control during the lithium extraction process. "The technology covered in this patent application represents a critical aspect of SAL's unique lithium-extraction process, and is but [...]
International Battery Metals Ltd. announces today that it intends to apply for a warrant exercise incentive program with the Canadian Securities Exchange . As announced in its news releases dated August 28, 2017 and October 17, 2017, the Company completed private placement offerings of 675,000 and 4,324,300 Units, respectively. Each Unit comprised of one common share and one share purchase warrant, where each warrant may [...]
International Battery Metals announced today that Selective Adsorption Lithium, IBAT's contractual partner, has commenced the laboratory-scale phase of development for its oilfield lithium extraction technology. "Commencing laboratory-scale testing and system development of SAL's lithium extraction technology so quickly after signing the definitive agreement indicates our high level of confidence about this approach [...]
International Battery Metals announced today that it has commenced closing on the Definitive Share Exchange Agreement with Selective Adsorption Lithium, Inc. and North American Lithium, Inc. announced on March 5, 2018 . The Company has begun finalization of the transaction by making the required payments to NAL for NAL's proprietary documents and data related to locations of candidate oilfield brines that are compatible [...]
International Battery Metals today announces that Selective Adsorption Lithium, Inc. the technology company being acquired by IBAT has filed for patent protection at the U.S. Patent and Trademark Office for its lithium extraction process. This patent application, "Extraction process control methods and apparatuses," will protect directly the extraction process in the United States as SAL prepares to file the application [...]
International Battery Metals is pleased to announce that it has retained the services of Hunter Stuart Energy Advisers for lithium property acquisitions in the United States. This engagement follows a previous engagement with Hunter Stuart in 2017, the purpose of which was to identify oil field brine properties containing potentially commercial concentrations of Lithium. Based upon this previous work, Hunter Stuart has [...]
International Battery Metals is pleased to announce that further to its March 8, 2018 news release, the Company's non-brokered private placement offering has been amended to offer up to 3,000,000 Units at $0.35 cents per Unit raising $1,050,000, which Units shall be identical to those offered under the brokered private placement as previously announced. The Company may pay commissions or finder's fees in cash, shares or [...]
International Battery Metals is pleased to announce that it has engaged Mackie Research Capital Corporation as agent to undertake a brokered private placement financing, on a best efforts basis, of up to 3,000,000 units at a price of $0.35 per unit for gross proceeds of up to $1,050,000. In addition, the Company will carry out a non-brokered private placement financing of $350,000.The foregoing financings are expected to [...]