Arizona Lithium is pleased to announce has signed a non-binding Memorandum of Understanding with Long Creek Railroad, a Saskatchewan-based short line rail and logistics provider, to develop a dedicated transload facility supporting the Prairie project. The planned facility will be located along LCR's 41-mile rail corridor, which runs directly across the Prairie project area in southeastern Saskatchewan . LCR connects with [...]
Prairie Lithium is thrilled to announce that it is a recipient of funding from the CMRDD program from NRCan valued at $1,074,000 CAD for DLE technology development. The funding, along with matching funds from Prairie Lithium, will be invested into the development of the Company’s proprietary DLE technology over the next 12 months. Securing support from NRCan is instrumental for the company’s development and further [...]
Prairie Lithium is pleased to announce that it has entered into a definitive pre-acquisition agreement with Arizona Lithium, pursuant to which AZL has agreed to acquire, directly or indirectly through a subsidiary, all of the issued and outstanding common shares of Prairie Lithium for total consideration of approximately C$70.6 million, consisting of C$40.0 million in cash and 500.0 million common shares of AZL at a [...]
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