Lithium Energi Exploration Inc. is pleased to announce that contracts are executed, and the first drill hole in its Antofalla North Project drilling campaign will commence in the next 30 days. "Our Campaign team is best-in-class, comprising companies owned and operated by local residents of the province of Catamarca, where the project is located, with past experience operating in the Salar de Antofalla," noted LEXI CEO [...]
Key Points: Lithium Energi Exploration Inc. is an exploration company focused on the acquisition, exploration, and development of lithium brine assets in Argentina. LEXI's portfolio includes approximately 57,000 hectares in Catamarca, Argentina, and a 20% interest in Triangle Lithium Argentina, S.A., which owns an additional 15,000 hectares. Dr. Rebecca Paisley is a skilled geologist with a Ph.D. in Earth and Planetary [...]
Lithium Energi Exploration Inc. has agreed to settle a portion of the interest payment due to Arena Investors, LP as at April 20, 2023 in common shares of LEXI . Pursuant to the credit agreement dated February 1, 2023 between Arena and the Company , as at April 20, 2023, the Company will owe Arena interest in the amount of $71,342.00 of which 50.0%, being $35,671, will be settled with the issuance of 145,597 Common Shares [...]
Lithium Energi Exploration Inc. is excited to announce that Thomas Lefebvre, a highly experienced infrastructure professional, has joined the board as its fifth member. Lefebvre was a partner and founding member of I Squared Capital, an independent global infrastructure investment manager, where he was responsible for the acquisition, development and transformational strategies of platforms and companies across the [...]
New LEXI Website Offers Comprehensive Information About One of the Largest Lithium Brine Claim Portfolios in the Region Lithium Energi Exploration Inc. proudly announces the launch of its new website https://lithiumenergi.com/, featuring interactive maps of its project sites, as well as maps putting LEXI's properties within the context of its neighbors, including Albemarle, Livent, Posco and Allkem. LEXI has consolidated [...]
Lithium Energi Exploration Inc. is pleased to announce the completion of previously announced transactions, including settling certain outstanding debt obligations of LEXI, a cash private placement, a $7 million drawdown on its new credit facility, a lithium processing agreement and various other transactions detailed in the Company's previous press releases dated February 1, 2023 and March 10, 2023 . Pursuant to the debt [...]
Lithium Energi Inc. is pleased to announce that it has called its annual general and special shareholders' meeting on March 20, 2023 to, among other things, approve its recapitalization transactions with Arena Investors, LP and Triangle Lithium, LLC , and the debt settlement arrangements with Steven C. Howard and Omar E. Ortega as previously disclosed by the Company in a press release dated February 1, 2023, and further [...]
Lithium Energi Exploration Inc. is pleased to announce that it has entered into certain binding settlement documentation to settle certain outstanding debt obligations of LEXI, including all amounts owing to Arena Investors, LP , Triangle Lithium, LLC , Steven C. Howard and Omar Ortega . The Company has also entered into a subscription agreement with Triangle to provide additional working capital and settled the form of [...]
Lithium Energi Exploration Inc. is pleased to announce that its new joint venture, Triangle Lithium Argentina, S.A. , kicked off its much-anticipated drilling campaign by spudding its first well on June 16, 2022 and drilling is now underway. The JV's Campaign contractor, Dorado Exploraciones y Servicios is a mining services contractor owned by the former Secretary of Mines for Catamarca Province, Rodolfo Micone. Dorado [...]
Lithium Energi Exploration Inc. is pleased to announce that, advancing in conjunction with the Company's new JV, Triangle Lithium Argentina, S.A. , contracts have now been executed and the first phase of its drilling campaign will commence in the next 30 days. Trila and LEXI's Argentina subsidiary, Lithium Energi Argentina, S.A. have just finalized the execution of contracts with Dorado Exploraciones y Servicios, a mining [...]
Lithium Energi Exploration Inc. is pleased to announce that, under its JV Agreement with Global Oil Management Group, LLC , implementation of exploration and development plans is accelerating rapidly. The new JV will be known as Triangle Lithium Argentina, S.A. . LEXI is both obligated and excited to make reference to two recent press releases in which LEXI was mentioned - one by Sorcia Minerals, a private U.S. mineral [...]
Joint venture with Global Oil Management Group affiliate Sorcia Minerals is pleased to announce that it has formed a joint venture with Terra Novo Energy, Triangle Lithium LLC, for the purpose of acquiring and developing specific assets related to the exploration and development of lithium. Triangle through its affiliation with Sorcia, will develop lithium resources utilizing International Battery Metals' proprietary [...]
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