Advantage Announces Closing of $12 Million Financing

V.AAL, Advantage Lithium, lithium, Argentina, David Sidoo

Advantage Lithium Corp. (the “Corporation” or “Advantage Lithium”)   (TSX Venture: AAL) (OTCQX: AVLIF) is pleased to announce that it has closed its previously announced financing and has issued 15,585,956 common shares (the “Common Shares”) for aggregate gross proceeds to Advantage Lithium of C$12,001,186 (the “Private Placement”). Jett Capital Advisors, LLC, pursuant to an agency agreement, will be paid a cash commission of 6% on a portion of the gross proceeds from the Private Placement. [...] read more

Advantage Lithium Announces $12 Million Financing

V.AAL, Advantage Lithium, lithium, Argentina, David Sidoo

Advantage Lithium Corp. (the “Corporation” or “Advantage Lithium”) (TSX Venture: AAL) (OTCQX: AVLIF) is pleased to announce that it has arranged a private placement (the “Private Placement“) of 15,585,000 common shares (“Common Shares“) of Advantage Lithium at a price of $0.77 per Common Share for gross proceeds of $12,000,450. The Corporation also reports that subscribers have been identified to fill the placement. Advantage Lithium will use the proceeds from the Private Placement for general working capital and to fund continued development and exploration activities on its Lithium properties in Argentina. The Common Shares issued pursuant to the Private Placement will be subject to a four month hold period from the date of closing.[...] read more

Advantage Lithium files NI43-101 report on Cauchari 3.0 Mt LCE resource upgrade

V.AAL, Advantage Lithium, lithium, Argentina, David Sidoo

Advantage Lithium Corp. (the “Company” or “Advantage Lithium”) (TSX Venture: AAL) (OTCQX: AVLIF) is pleased to file the NI43-101 report on the resource upgrade of the Company’s flagship Cauchari Lithium Project in Jujuy, Argentina. The update, prepared by FloSolutions, has increased the inferred resource to a volume of approximately 1,200 million cubic metres of brine at average grades of 450 mg/l lithium and 4,028 mg/l potassium for 3.0 Mt of Lithium Carbonate Equivalent (LCE) and is the basis for the Preliminary Economic Assessment (PEA) to be completed early in Q3 2018. [...] read more

Cauchari JV Drilling Update Continued Success in the NW Sector – Hole CAU15

V.AAL, Advantage Lithium, lithium, Argentina, David Sidoo
Figure 1: Location of CAU15 and other Cauchari drill holes

Vancouver, British Columbia, January 17, 2018 – Advantage Lithium Corp. (the “Company” or “Advantage Lithium”) (TSX Venture: AAL) (OTCQX: AVLIF) is pleased to provide this update on the brine sampling of diamond core hole CAU15 in the south of the previously undrilled NW Sector of the Cauchari JV property located in Jujuy Province, Argentina.[...] read more

Advantage Lithium Completes Sale of Clayton Valley Northeast Lithium Project to Pure Energy Minerals

V.AAL, Advantage Lithium, lithium, Argentina, David Sidoo

Advantage Lithium Corp. (the “Company” or “Advantage Lithium”)                     (TSX Venture: AAL) (OTCQX: AVLIF) – is pleased to announce, further to the Company’s news release dated November 8, 2017, the Company and its exploration partner Nevada Sunrise Gold Corporation (TSXV: NEV) (“Nevada Sunrise“) (together, the “Vendors“) have completed the sale of the Clayton Northeast and Triton lithium projects (collectively, “Clayton NE“) to Pure Energy Minerals Limited of Vancouver, B.C., Canada  (TSXV: PE) (“Pure Energy“). Clayton NE is located adjacent to the Silver Peak lithium brine mine in Esmeralda County, Nevada. [...] read more

Advantage Lithium Monetizes Clayton Northeast Lithium Project via Sale to Pure Energy Minerals

V.AAL, Advantage Lithium, lithium, Argentina, David Sidoo

Advantage Lithium Corp. (the “Company” or “Advantage Lithium”)                     (TSX Venture: AAL) (OTCQX: AVLIF) – Mr. David Sidoo, President and CEO, announces that the Company and its exploration partner Nevada Sunrise Gold Corporation (TSXV: NEV) (“Nevada Sunrise”) (together, the “Vendors”) have signed an asset purchase agreement (the “Agreement”) to effect the sale of the Clayton Northeast Project (“Clayton NE”) to Pure Energy Minerals Limited of Vancouver, B.C., Canada (TSXV: PE) (“Pure Energy”). Clayton NE is located adjacent to the Silver Peak lithium brine mine in Esmeralda County, Nevada, the only producing lithium mine in North America. [...] read more