Tag: V.AAL

Advantage Announces Closing of $12 Million Financing

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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

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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

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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

Advantage Lithium announces an updated resource estimate of 3.0 Mt LCE at Cauchari

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V.AAL, Advantage Lithium, lithium, Argentina, David Sidoo
Figure 1: Location of Cauchari boreholes and the NW and SE Target areas (CNW Group/Advantage Lithium Corp)

Advantage Lithium Corp. (the “Company” or “Advantage Lithium”) (TSX Venture: AAL) (OTCQX: AVLIF) is pleased to announce an updated resource estimate for the Company’s flagship Cauchari Project in Jujuy, Argentina based on the Phase II drilling results. The update, prepared by FloSolutions S.A.C., 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 will be the basis for our Preliminary Economic Assessment (PEA) scheduled for completion in Q2 2018. read more

Advantage Lithium commences Preliminary Economic Assessment and Phase III resource conversion program for the Cauchari Definitive Feasibility Study

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

Advantage Lithium Corp. (the “Company” Advantage Lithium”) (TSX Venture: AAL) (OTCQX: AVLIF) is pleased to announce that is has engaged WorleyParsons Chile S.A. (WP) to complete a Preliminary Economic Assessment (PEA) on its flagship Cauchari Project in Jujuy, Argentina based on phase II results with an expected increase to its resource base which will be released this month. The PEA scope includes a standalone plant in the range 15 -20 Ktpa final lithium product and is scheduled for completion in July 2018. read more

Argentina Lithium Grants Stock Options

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Argentina Lithium, V.LIT

Argentina Lithium & Energy Corp. (TSX-V:LIT) (FSE:OAY1) (WKN:A0RK7E) (OTC:PNXLF) (“Argentina Lithium” or the “Company”) announces that it has granted 4,570,000 incentive stock options (the “Options”) to directors, officers, employees and consultants of the Company. The Options are set for a period of five years, expiring on January 26, 2023, and each Option will allow the holder to purchase a common share of the Company at a price of $0.50. The Options are subject to a 4 month hold period from the date of grant and to TSXV approval. read more