Monumental Minerals Corp. is pleased to provide an update on management's recent visit to its Salar De Laguna Blanca Cesium-Lithium Brine Salar Project . Members of Monumental's management team and board of directors visited a portfolio of Lithium Chile assets, including the Laguna Project, with representatives of Lithium Chile Inc. . The Laguna Project was accessed by travelling 80 kilometres west from the town of San [...]
Lithium Chile Inc. is pleased to announce that it has received $3,642,862 net proceeds from Chengxin Lithium Group as part of their strategy to increase ownership in Lithium Chile to a total of 19.86%. The funds received from warrants exercised at $0.85 will be added to the Company's working capital to bring the total current cash balance to $15,633,086. The additional balance of $27,911,000 in connection to the private [...]
Lithium Chile Inc. is pleased to announce that it plans to complete a non-brokered private placement of 29,380,000 common shares of the Company at a price of $0.95 per Offered Share, for aggregate gross proceeds of $27,911,000. The Offering is to be completed by a wholly owned subsidiary of Chengxin Lithium Group Co. In conjunction with the Offering, Chengxin will be entitled to nominate two directors to the board of [...]
Lithium Chile Inc. is pleased to announce that the Company has entered into an arm's length definitive option agreement dated March 30, 2022 with Monumental Minerals Corp. to earn up to 75% of the 5,200 hectare Salar De Laguna Blanca project located near the town of San Pedro de Atacama. The Laguna Project is located within the prolific lithium triangle, a zone within the central Andes high desert that includes Chile [...]
Monumental Minerals Corp. is pleased to announce that the Company has entered into an arm's length letter of intent with Lithium Chile Inc. to acquire up to 75% of the 5200-hectare Salar De Laguna Blanca project located near the town of San Pedro de Atacama, Chile. The Laguna Project is located within the prolific lithium triangle, a zone within the central Andes high desert that includes Chile, Argentina, and Bolivia [...]
Lithium Chile Inc. is pleased to announce that the company's Argentinean management team will be meeting the technical team of Chengxin Lithium Group Co., Ltd. on Tuesday February 22, 2022, in Salta Argentina. The plans are to jointly travel to Lithium Chile's recently completed production test well on the Salar de Arizaro property. The purpose of the meeting is to discuss the Company's phase 2 exploration program and [...]
Lithium Chile Inc. is pleased to announce it has commenced their phase 2 drilling program consisting of three, 500-metre-deep step-out holes aimed at expanding the lithium resource and increasing the grade on the Arizaro property. The program is announced after an initial resource of 1,420,000 tonnes of lithium carbonate equivalent in the Indicated and Inferred Resource categories was reported on their maiden well . Well [...]
Lithium Chile Inc. is pleased to report an initial lithium resource statement for its first test well in the Arizaro de Salar project. The NI 43-101 resource statement, detailed in Table 3.2 below, includes 1,420,000 tonnes of lithium carbonate equivalent in the Indicated and Inferred Resource categories. Steve Cochrane, President and CEO of Lithium Chile, commented on the maiden resource for the Arizaro de Salar Project [...]
Lithium Chile Inc. is pleased to announce that it has closed its recently announced non-brokered private placement of units of the Company at a price of $0.70 per Unit, issuing 10,060,000 Units for aggregate gross proceeds of $7,042,000 . Each Unit is comprised of one common share of the Company and one Common Share purchase warrant . Each Warrant is exercisable at $0.85 per Common Share for a period of 24 months from the [...]
Lithium Chile Inc. is pleased to announce that it has closed its subscription books, and due to strong investor demand for its recently announced non-brokered private placement of units of the Company at a price of $0.70 per Unit, it has additionally increased the maximum size of the offering from up to 7,500,000 Units for aggregate gross proceeds of up to $5,250,000 to up to 10,060,000 Units for gross proceeds of up to [...]
Lithium Chile Inc. announces that it plans to complete a non-brokered private placement of up to 7,500,000 units of the Company at a price of $0.70 per Unit, for aggregate gross proceeds of up to $5,250,000. , after receiving unsolicited interest from an institutional investor. Each Unit will be comprised of one common share of the Company and one Common Share purchase warrant . Each Warrant shall be exercisable at $0.85 [...]
Lithium Chile Inc. is pleased to announce it has completed an exploration program on its Apolo and Sancarron Properties in the El Indio gold and silver belt in Chile. This is the first exploration program ever conducted on these two prospects by Lithium Chile. The program involves a helicopter born reconnaissance and sample program on four of the numerous alteration zones on the properties. The samples collected have been [...]
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