Southern Lithium is pleased to announce that, further to the previous news releases dated July 11th 2016 and November 1st 2016, it has entered into a formal Definitive agreement with TY & Sons Explorations (Nevada) Inc. dated January 16, 2016, to complete Southern's acquisition of TY & Sons option of the 100% interest in TY & Sons' rights, title and interest in the mineral claims known as the East Fault Property, located [...]
Southern Lithium is pleased to announce the appointment of John P. Ryan as a Director of the Company. Mr. Ryan will serve as a non-executive, independent member of the Southern board and member of the Audit Committee, effective immediately Larry Segerstrom President of the Company commented: John adds to the independent non-executive balance of the Board and we're delighted to have secured a seasoned mine industry [...]
Southern Lithium is pleased to announce the appointment of Clive H. Massey as a Director of the Company. Larry Segerstrom commented: "We are very pleased to welcome Mr. Massey to the board of directors of Southern Lithium and to have someone with Clive's experience joining the board of Southern Lithium. His intimate knowledge of the mining industry and his experience in the equity market will be a significant asset as [...]
Southern Lithium announces that further to its news releases dated November 1, 2016 and December 9, 2016, it has completed the second and final tranche of its non-brokered private placement of 48,000 units at a price of $0.25 per Unit for aggregate gross proceeds of $12,000. Each Unit consists of one common share and one Share purchase warrant of the Company. Each Warrant will entitle the holder to purchase one Share (a [...]
Southern Lithium announces that further to its news release dated November 3, 2016, it has completed the first tranche of its non-brokered private placement of 3,322,000 units at a price of $0.25 per Unit for aggregate gross proceeds of $830,500. Each Unit consists of one common share and one Share purchase warrant of the Company. Each Warrant will entitle the holder to purchase one Share at an exercise price of $0.35 per [...]
Southern Lithium is pleased to announce that a Phase One exploration program has been designed for its Cruz lithium brine property, located in Salta Province. This first phase of the technical work commencing this month will entail the execution of a US$500,000 exploration program at the Cruz Property and will consist principally of geophysics (CSAMT), with well drilling and brine sampling starting in January 2017. The [...]
On November 17th, 2016, Southern Lithium announced that it has executed a formal option agreement with Proyecto Pastos Grandes, a wholly owned subsidiary of Millennial Lithium, to be granted an option to acquire an eighty percent (80%) interest in the PPG SA's Cruz property in the Pocitos salar basin in Salta Province. The terms of the Definitive Agreement: In order for the Company to acquire a seventy percent (70 [...]
Southern Lithium announced that it has executed a formal option agreement with Proyecto Pastos Grandes to be granted an option to acquire an eighty percent (80%) interest in the PPG SA's Cruz property in the Pocitos salar basin in Salta Province, Argentina. The transaction is subject to TSX Venture Exchange approval.
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