Vancouver, British Columbia - Infinite Lithium Corp. is pleased to announce initial results from the first 5 drill holes of the ongoing Phase 1 drilling program which began in December 2017. This program, now on hole twelve, is aimed at confirming and expanding on the historical drilling at the Jackpot Property. Results from the Phase 1 drilling program will be used to guide future drilling and to complete a National [...]
Vancouver, British Columbia - Infinite Lithium Corp. announces it has signed an agreement to acquire a 100% interest in certain claims surrounding its 100% Jackpot Lithium Project located in the Georgia Lake area within the Thunder Bay Mining Division, Ontario. The additional land increases the size of the Property to 256 hectares. Infinite is also pleased to announce the commencement of a drilling program at its Jackpot [...]
Vancouver, British Columbia - Infinite Lithium Corp. is pleased to announce that it has closed its previously announced private placement of units , for aggregate gross proceeds of $4,830,000. Pursuant to the private placements, a total of 34,000,000 units were issued at $0.12 per share, for gross proceeds of $4,080,000, and a total of 5,000,000 units were issued at $0.15 per share, for gross proceeds of $750,000. Each [...]
Alix Resources announces it intends to change its name to "Infinite Lithium Corp." to better reflect its focused business strategy effective on December 6, 2017. Effective on December 6, 2017, the Companys common shares will trade on the TSX Venture Exchange under the new ticker symbol "ILI". Alix Resources is a junior mining exploration company focused on seeking and acquiring lithium projects globally.
Vancouver, British Columbia - ALIX RESOURCES CORP. announces that further to the Company’s news release disseminated earlier today, November 27, 2017, that it is increasing the additional non-brokered private placement from up to 3,000,000 units at $0.15 per unit, to up to 5,000,000 units at $0.15 per unit for amended gross proceeds of up to $750,000. All other terms of the additional financing remain the same [...]
Vancouver, British Columbia - ALIX RESOURCES CORP. is pleased to announce that it will offer, by way of a non-brokered private placement, up to 3,000,000 units at $0.15 per unit, for gross proceeds of up to $450,000. Each unit will be comprised of one common share and one warrant. Each warrant will entitle the holder to purchase an additional common share at an exercise price of $0.20 per share, for a period of 36 months [...]
Vancouver, British Columbia - Alix Resources Corp. announces that further to its news releases of November 8th, 2017 and November 15, 2017 the non-brokered private placement is being increased to up to 34,000,000 units at a price of $0.12 per Unit for aggregate gross proceeds of $4,080,000. All other terms of the private placement remain unchanged. The private placement is subject to the acceptance of the TSX Venture [...]
Vancouver, British Columbia - Alix Resources Corp. announces that further to its news release of November 8th, 2017 the post-consolidation common share purchase warrants included in the non-brokered private placement will entitle the holder to acquire one post-consolidation common share at an exercise price of $0.20 per share for a period of 36 months, extended from the previously announced term of 24 months. All other [...]
Vancouver, British Columbia (FSCwire) - Alix Resources Corp. (“Alix” or the “Company”) (AIX-TSX:V) (37N2–FRANKFURT) announces the Company has arranged a non-brokered private placement of up to 25,000,000 units (the "Units") at a post-consolidation price of $0.11 per Unit for an aggregate gross proceeds of $2,750,000 (the "Offering"). Each Unit will consist of one post-consolidation common share and one post-consolidation [...]
Alix Resources announces a proposed consolidation of its common shares on the basis of four (4) existing Shares for one (1) new Share. Currently, a total of 72,473,191 Shares are issued and outstanding. Accordingly, if put into effect on the basis of four (4) existing Shares for one (1) new Share, a total of 18,118,298 Shares would be issued and outstanding following the Consolidation, assuming no other change in the [...]
Vancouver, British Columbia (FSCwire) - Alix Resources Corp. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) announces a work program is set to commence in the first week of November at its 100% owned Jackpot Lithium project located in the Georgia Lake area within the Thunder Bay Mining Division, Ontario. The program will consist of stripping, channel sampling and drill pad set-ups. The objective of this program [...]
Vancouver, British Columbia (FSCwire) - Alix Resources Corp. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) announces that Perth-based lithium processing technologist, Lithium Australia NL (ASX: LIT)(“LIT”) has moved to a 54% controlling stake in the Electra lithium project in northwest Mexico. The project comprises the Tecolote, Tule, and Agua Fria concessions and is [...]
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