Tantalex Lithium Resources Corp.

Tantalex Lithium Resources Corp. is pleased to announce it has received and executed a term sheet from Glencore International AG on September 8th for a marketing offtake agreement for the lithium to be produced from its Manono Lithium Tailings Project. The term sheet includes the following key commercial terms: Secured Convertible Financing Facility in three tranches: First Tranche USD 2M upon execution of the marketing [...]

Tantalex Lithium Resources Corp. is pleased to report it has filed an updated technical report titled "NI 43-101 Mineral Resource Report for the Manono Lithium Tailings Project, with an effective date of September 4th, 2023. A summary of the Mineral Resource estimates per deposit as well as the total Measured, Indicated and Inferred and combined Measured and Indicated Mineral Resources is shown in Table 1. The volumes and [...]

Tantalex Lithium Resources Corp. is pleased to announce the final tranche closing of its non-brokered private placement by way of issuance of 3,537,182 common shares at a price of $0.11 per Common Share for gross proceeds of $389,090.02 . The Corporation has closed a first tranche on July 12, 2023 and a second tranche on July 21, 2023. The proceeds of the Private Placement will be used for general working capital [...]

Tantalex Lithium Resources Corp. is pleased to announce its majority owned subsidiary United Cominiere SAS has started commissioning on its TiTan plant located in the vicinity of Manono, Democratic Republic of Congo . The TiTan plant which has been designed with a capacity of 130 tonnes per hour is now entirely assembled and ready to process its first ore. The commissioning period will last up to 3 weeks and the first ore [...]

Tantalex Lithium Resources Corp. is is pleased to announce that at its Annual General Meeting of Shareholders, held on August 2, 2023, Tantalex shareholders re-elected Hadley Natus, Eric Allard, Yves Kabongo, Simon Collins, Luisa Moreno and Matthew Botell as directors. The shareholders also reappointed McGovern Hurley LLP, Chartered Professional Accountants, as the auditors of the Corporation. Following the annual [...]

Tantalex Lithium Resources Corp. is pleased to announce a second tranche closing of a non-brokered private placement for gross proceeds of $299,999.81. The Corporation has issued 2,727,271 common shares at a price of $0.11 per Common Share of the Corporation. The proceeds of the Private Placement will be used for general working capital purposes. All securities issued pursuant to the Private Placement will be subject to a [...]

Tantalex Lithium Resources Corp. is pleased to announce a first tranche closing of a non-brokered private placement for gross proceeds of $411,400. No compensation was paid in connection with the Private Placement The Corporation has issued 3,740,000 common shares at a price of $0.11 per Common Share of the Corporation. The proceeds of the Private Placement will be used for general working capital purposes. All securities [...]

Tantalex Lithium Resources Corp. is pleased to announce a non-brokered private placement consisting of approximately 15,542,264 common shares at a price of $0.11 per Common Share for gross proceeds of up to USD$1,300,000. The number of Common Shares to be issued is subject to change depending on the foreign exchange rate of the US currency to Canadian currency to be determined on the closing date. Such closing date is [...]

Tantalex Lithium Resources Corp. activities in the DRC are in full speed as we are nearing completion of the Titan plant construction and finalizing the Manono Lithium Tailings Preliminary Economic Assessment. Eric Allard, CEO of the Company, commented; "These are exciting times for Tantalex Lithium as we are executing our strategy to become an operating mining company in the DRC. After a harsh rainy season which delayed [...]

Tantalex Lithium Resources Corp. is pleased to announce that it has entered into a loan agreement with a director of the Corporation whereby it will receive an amount of USD$2,000,000. The Corporation will receive the Loan in two tranches: USD$500,000 due by April 24, 2023 and the balance of USD$1,500,000 due by May 1, 2023. The loan is unsecured, bears an interest fee of 10% and is due forty-five days from the date of [...]