LithiumBank Resources Corp. is pleased to provide the following update regarding the proposed sale of the Company's three lithium brine projects, Estevan, Kindersley and South located in Saskatchewan, Canada to Pristine Lithium Corp. . The Transaction is proceeding as announced in the Company's news release dated July 31, 2023 and the parties are continuing to work together to close the Transaction. The Company received [...]
LithiumBank Resources Corp. is pleased to announce it has entered into a definitive asset purchase agreement with Pristine Lithium Corp. whereby the Company will sell to the Buyer the Company's three lithium brine projects, Estevan, Kindersley and South located in Saskatchewan, Canada. In accordance with the terms of the Agreement, the Company will sell the Assets to the Buyer in exchange for: cash consideration of an [...]
LithiumBank Resources Corp. is pleased to announce the filing of the Boardwalk Lithium Brine Project Preliminary Economic Assessment Technical report entitled "Preliminary Economic Assessment for LithiumBank Resources Boardwalk Lithium-Brine Project in West- Central Alberta, Canada" effectively dated June 16, 2023, originally announced May 25th, 2023. PEA Highlights 31,350 metric tonnes per year of battery grade lithium [...]
LithiumBank Resources Corp. is pleased to announce the highlights from the initial Preliminary Economic Assessment for the Boardwalk lithium brine project located in west-central Alberta, Canada. The completed NI 43-101 PEA Technical Report will be filed on SEDAR within 45 days of this announcement. Boardwalk Highlights1 31,350 metric tonnes per year of battery grade lithium hydroxide monohydrate 2 over a 20-year period [...]
LithiumBank Resources Corp. is pleased to announce that it has closed its previously announced bought deal private placement financing pursuant to an underwriting agreement among Echelon Capital Markets, Beacon Securities Limited and Red Cloud Securities Inc. and the Company dated May 15, 2023 in connection with the "bought deal" private placement of 3,631,700 units of the Company issued on a charity flow-through basis at [...]
LithiumBank Resources Corp. a lithium development company focused on lithium-enriched brine projects in Western Canada, announces the voting results from its Annual and Special Meeting of Shareholders , held on April 27, 2023, including the appointment of Katya Zotova to the Board of Directors of the Company. Ms. Zotova spent 25 years in strategy and corporate finance, private equity and investment banking across Europe [...]
LithiumBank Resources Corp. is pleased to announce it has entered into an agreement with Echelon Capital Markets and, if applicable, on behalf of a syndicate of underwriters in respect of a bought deal private placement of 3,158,000 units of the Company issued on a charity flow-through basis at a price of $1.90 per FT Unit for gross proceeds of $6,000,200 . Each FT Unit will consist of one common share of the Company to [...]
LithiumBank Resources Corp. is pleased to announce it has signed a Memorandum of Understanding " with ZS2 Technologies Inc. . The MoU will enable ZS2 to deploy their proprietary and patented CO2 Direct-Air-Capture technology to capture carbon dioxide emissions from the Boardwalk and Park Place projects in central Alberta, Canada. ZS2 will also further process treated brine to collect magnesium and calcium for use in their [...]
LithiumBank Resources Corp. is pleased to announce it has signed a Memorandum of Understanding with Invest Alberta to support the development of a commercial lithium production facility at the Company's Boardwalk brine project located 85 kilometres east of Grand Prairie, Alberta. Under the agreement, Invest Alberta has agreed to support LithiumBank by promoting the project domestically and internationally, facilitating [...]
LithiumBank Resources Corp. a lithium development company focused on lithium-enriched brine projects in Western Canada, announces that effective April 1, 2023, it has engaged Brisco Capital Partners Corp. to provide marketing and investor relations services to assist LithiumBank with expanding investor awareness of its business and actively communicating with the investment community. In consideration for the Services [...]
LithiumBank Resources Corp. is pleased to announce it has engaged Matrix Solutions Inc. to complete a lithium brine resource and reservoir assessment of the Duperow Formation underlying the Company's 100% owned South and Estevan projects in its Saskatchewan district. The work is expected to lay the framework for NI 43-101 resource estimates at both properties and guide future exploration work. Matrix began compiling data [...]
LithiumBank Resources Corp. is pleased to announce the completion of the hydrogeological study at its 100% owned Park Place Lithium Brine Project located 180 km west of Edmonton, Alberta, and 50 km south of the Company's other flagship brine project in the Boardwalk district. The hydrogeological study was completed by Matrix Solutions Inc. and is expected to be incorporated into an upcoming NI 43-101 Resource Estimate [...]