Alpha Lithium Corp. announced today that Tecpetrol Investments S.L. has completed the privatization of Alpha. Alpha is now a wholly-owned indirect subsidiary of Tecpetrol. The privatization was completed pursuant to the amalgamation of Alpha and 1446978 B.C. Ltd., a direct wholly-owned subsidiary of TechEnergy Lithium Canada Inc. and an indirect wholly-owned subsidiary of Tecpetrol, under the provisions of the Business [...]
Alpha Lithium Corp. is pleased to announce that, at the special meeting of holders of common shares of Alpha held earlier today, Alpha Shareholders approved the privatization of Alpha pursuant to the amalgamation of Alpha and 1446978 B.C. Ltd. , a direct wholly-owned subsidiary of TechEnergy Lithium Canada Inc. and an indirect wholly-owned subsidiary of Tecpetrol Investments S.L., under the provisions of the Business [...]
Alpha Lithium Corp. or the is pleased to report that its interim consolidated financial statements and associated management's discussion and analysis for the three and nine months ended September 30, 2023 have been filed under the Company's profile at www.sedarplus.ca. The Company also advises that, pursuant to the planned transition of management following the expiry of Tecpetrol Investments S.L.'s board-recommended [...]
Alpha Lithium Corp. or the announces that TechEnergy Lithium Canada Inc., a subsidiary of Tecpetrol Investments S.L. , has advised that it has taken-up and acquired 102,692,615 common shares of Alpha, representing approximately 54% of the issued and outstanding Alpha shares, pursuant to its offer to acquire Alpha for C$1.48 in cash per share. Tecpetrol advises that they will pay for the tendered shares within three [...]
Alpha recommends that Alpha shareholders tender their shares in advance of the October 20th deadline. Alpha's Board and Management have indicated to the Company that they intend to tender to the Revised Tecpetrol Offer. PI Financial Corp. has confirmed that the Revised Tecpetrol Offer is fair to shareholders from a financial point of view. Shareholders that have already tendered do not need to take any further action [...]
Alpha Lithium Corp. today announced that the Board of Directors of Alpha , based on the unanimous recommendation of the Special Committee of independent directors of the Company , recommends that Alpha shareholders accept the revised take-over bid from TechEnergy Lithium Canada Inc. , a subsidiary of Tecpetrol Investments S.L. , for the common shares of Alpha at a price of $1.48 per Common Share, more particularly [...]
Caravel Capital Urges Alpha Lithium Shareholders in an Open Letter. Caravel Capital Investments Incorporated, a Bahamian investment firm, this morning published an open letter to all Alpha Lithium Corp. shareholders outlining the reasons Shareholders should tender Tecpetrol's "Best and Final" offer of C$1.48. Caravel Capital states they have no agreements or understandings with Tecpetrol. Additionally, Caravel urges the [...]
Alpha Lithium Corp. a company developing a portfolio of highly prospective lithium assets in Argentina, today filed the results of a Preliminary Economic Assessment for its wholly owned Tolillar lithium brine project in the Salta Province of Argentina , under the Company's profile at www.sedarplus.ca and on its website at www.alphalithium.com. The Company also provides an update on its ongoing strategic review process [...]
Alpha Lithium Corp. is pleased to announce that the Company has filed an updated NI 43-101 mineral resource estimate in respect of the Company's Tolillar Salar with an effective date of August 8, 2023 , on SEDAR. The full report is available under the Company's profile at www.sedar.com and will be available on its website at www.alphalithium.com. One week after announcing its inaugural Preliminary Economic Assessment with [...]
US$1.7 billion after-tax NPV8 with an IRR of 25.6% US$8.2 billion of cumulative free cash flow over a 35-year mine life 3.7-year after-tax payback period from start of production Significant upside potential remains from over 60% of salar not yet drilled or included in this PEA VANCOUVER, British Columbia, Aug. 14, 2023 -- Alpha Lithium Corp. , a company developing a portfolio of highly prospective lithium assets in [...]
Alpha Lithium Corp. is pleased to report substantial increases to both indicated and inferred categories of lithium carbonate equivalent resources in the Tolillar Salar in Salta, Argentina. The updated resource estimate includes 3,626,000 tonnes of indicated and 1,393,000 tonnes of inferred LCE. Alpha's latest drilling campaign resulted in a 70% increase to the "indicated resource" category and a 20% increase to the [...]
Alpha Lithium Corp. is pleased to announce that the Company has filed the final NI 43-101 Preliminary Economic Assessment with an effective date of July 4, 2023, on SEDAR. The full report is available under the Company's profile at www.sedar.com and will be available on its website at www.alphalithium.com. A link to the original July 10, 2023 news release can be found on the company's website www.alphalithium.com/news [...]