Tag: TSXV:ML

Millennial Lithium Corp. Announces Additional License Acquisitions at its Pastos Grandes Project, Argentina to Increase Holdings to 14,091 Hectares

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V.ML, Millenial Lithium, lithium, Argentina

Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) (“Millennial” or the “Company”) is pleased to announce that it has been successful in a recent Mining Court lottery hearing and was awarded priority rights over the areas covered by PPG 01 (formerly La Union), and PPG 03 (formerly Aguamarga 19) mining licenses (“minas”). The company has exercised those rights and the title transfer is in process. The two new minas are 968.7 hectares (ha) and 394.8 hectares respectively and increase the Company’s landholdings at the Pastos Grandes Salar to approximately 14,091 hectares. The PPG 01 license is just north of the Pastos Grandes Salar and is of strategic importance to the Company for project infrastructure and as a potential supplemental source of fresh water. read more

Millennial Lithium Provides Results from AGM and Awards PSU’s

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V.ML, Millenial Lithium, lithium, Argentina
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Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) (“Millennial” or the “Company”) announces the results of its annual general meeting of shareholders held on April 20th, 2021, in West Vancouver, Canada. Shareholders voted in favour of all items put forward by the board of directors and management including the Company’s Long Term Incentive Plan (the “Plan” as described below). read more

Millennial Lithium Corp. Announces Battery Grade Purity Lithium Carbonate (99.96%) Produced on Start-Up of the Pilot Plant at its Pastos Grandes Project, Salta, Argentina

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V.ML, Millenial Lithium, lithium, Argentina

Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2:GR) (OTCQX: MLNLF) (“Millennial” or the “Company”) is pleased to announce that it has achieved a significant milestone with the production of lithium carbonate of Battery Grade (BG) purity from the first batch of brine processed through the Company’s pilot plant at its Pastos Grandes Project in Salta Province, Argentina. The pilot plant produced lithium carbonate with a purity of 99.96%. Typical Battery Grade quality lithium carbonate is > 99.5% purity. The brine feedstock was derived from the Company’s Production well PGMW17-04 on the Pastos Grandes Salar which was pumped to ponds that concentrate the lithium carbonate by solar evaporation. read more

Millennial Announces Closing of $ 34,500,000 Bought Deal Public Offering

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V.ML, Millenial Lithium, lithium, Argentina
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 Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) (“Millennial” or the “Company“) is pleased to announce that it has closed its previously announced bought deal financing of 8,625,000 units (the “Units“) at a price of C$4.00 per Unit (the “Offering Price“) for aggregate gross proceeds to Millennial of C$34,500,000 (the “Offering“). The Offering was conducted by a syndicate of underwriters co-led by Cantor Fitzgerald Canada Corporation and Sprott Capital Partners LP as joint bookrunners, and including Mackie Research Capital Corporation (collectively, the “Underwriters“). The Offering included 1,125,000 Units sold pursuant to the full exercise of the Underwriters’ over-allotment option. read more

Millennial Lithium Corp. Receives Government Approval for Its Environmental Impact Assessment for Construction and Operations for Its Pastos Grandes Project, Salta, Argentina

MotherlodeTV
V.ML, Millenial Lithium, lithium, Argentina

Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) (“Millennial” or the “Company”) is pleased to report that its wholly owned subsidiary, Proyecto Pastos Grandes S.A. (“PPGSA”), has received a Declaracion de Impacto Ambiental (the “DIA”) from the Environmental and Mining Authority in Salta Province, Argentina. The DIA represents the Environmental and Mining Authority’s approval of PPGSA’s Environmental Impact Assessment (the “EIA”) for Construction and Operation of a 24,000 tonne per year battery grade lithium carbonate production facility at its flagship Pastos Grandes lithium carbonate project. The DIA is the main environmental approval document required for mining projects in Salta Province to both proceed to the construction stage and to operate. The Pastos Grandes Project is currently the only active pre-construction phase project in the region with this key milestone permit. read more

Millennial Lithium Corp. Granted Final REMSA License at its Pastos Grandes Project, Salta, Argentina

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V.ML, Millenial Lithium, lithium, Argentina

Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) (“Millennial” or the “Company”) is pleased to announce that the Mining Court of Salta has granted Millennial’s Argentine subsidiary, Proyecto Pastos Grandes S.A., the remaining mining license, Nueva Sijesyta 01, that comprised the original REMSA Properties. The REMSA Properties are comprised of 5 mining licenses totaling 6557 ha which are contiguous with Millennial’s core licenses covering the Salar de Pastos Grandes. The Company has implemented operational procedures to protect the health of its office staff, field crews and contractors during the COVID-19 global pandemic. Where possible, office staff, field crews and contractors have been working from home per local government advisories. Plans for field and other work for 2020 will be evaluated on an ongoing basis but at this time, Millennial does not anticipate a significant or material impact upon its operations. Millennial’s operations in Salta Province are classified as essential and are exempted from some many local and federal COVID-19 restrictions in Argentina. read more

Millennial Lithium Corp. Granted REMSA Licenses at its Pastos Grandes Project, Salta, Argentina

MotherlodeTV
V.ML, Millenial Lithium, lithium, Argentina
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Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQB: MLNLF) (“Millennial” or the “Company”) is pleased to announce that the Mining Court of Salta has granted Millennial’s Argentine subsidiary, Proyecto Pastos Grandes S.A., four of the five mining licenses that comprised the original REMSA Properties. read more

Millennial Lithium Corp. Announces Granting of Federal Fiscal Stability Certificate from the Government of Argentina

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V.ML, Millenial Lithium, lithium, Argentina
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Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) (“Millennial” or the “Company”) is pleased to announce that the National Mining Secretary of Argentina, part of the National Ministry of Work and Production, has signed and granted a Federal Fiscal Stability Certificate (the “Certificate”) for the Company’s Pastos Grandes Project. The Certificate outlines the tax regime and additional benefits bestowed upon its Pastos Grandes lithium project in the province of Salta for the next 30 years. read more

Millennial Lithium Corp. Provides Progress Update on the Pastos Grandes Project, Argentina

MotherlodeTV
V.ML, Millenial Lithium, lithium, Argentina
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 Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) (“Millennial” or the “Company”) is pleased to provide an update of activities at its Pastos Grandes Project in the province of Salta, Argentina. Advances at the project site include ongoing liming and feeding of brine to pilot ponds, pilot plant construction and an additional long-term pumping test. In addition Millennial has made significant progress in securing its “Fiscal Stability” status to establish the tax regime and other benefits for the project for the next 30 years. read more