Venus Metals Corporation Ltd. is pleased to provide an update on its ongoing geochemical surveys at its Youanmi Lithium Project . HIGHLIGHTS: - Soil geochemical survey delineates a c. 4 km long northnorthwest trending zone with lithium anomalies on E 57/983, some coinciding with pegmatite outcrops. - Importantly, the recent geochemical data may suggest zonation with high lithium - lower rubidium anomalies identified west [...]
Desert Lion Energy Inc. announced today the completion of the previously announced plan of arrangement, whereby Lepidico Ltd. has acquired all of the outstanding common shares of Desert Lion for consideration of 5.4 Lepidico ordinary shares for every 1 Desert Lion common share. The Arrangement, which was announced on May 7, 2019, was approved by the Company’s shareholders at an annual general and special meeting [...]
Namibian lithium developer Desert Lion Energy Inc. is pleased to announce the results of its annual general and special meeting of shareholders held on Thursday, June 27, 2019 in Toronto, Canada; and that at the AGM the shareholders of the Company approved the acquisition of the Company by ASX-Listed Lepidico Ltd that was previously announced on May 7, 2019, whereby a wholly-owned subsidiary of Lepidico will acquire all [...]
Desert Lion Energy Inc. is pleased to announce that, in connection with its press release dated May 7, 2019, in which the Company announced it had entered into a definitive arrangement agreement to merge with ASX-Listed Lepidico Limited , Desert Lion has received signed shareholder support agreements representing 61,292,342 shares, approximately 58% of the Company’s total shares issued and outstanding. Transaction [...]
Lepidico 1 for 9 Entitlements Offer to Fund Business Integration, New Development and Growth Opportunities Desert Lion Energy Inc. is pleased to announce that on May 5, 2019 it entered into a definitive arrangement agreement with ASX-Listed Lepidico Ltd. whereby Lepidico, an arm's length party from Desert Lion, will acquire all of the outstanding common shares of Desert Lion for 5.4 Lepidico shares for every 1 Desert Lion [...]
The Directors of Venus Metals Corporation Ltd. are pleased to announce that they have entered into an Option Agreement with Lepidico Ltd. on terms under which Lepidico is to explore for lithium mineralisation in Lepidolite bearing pegmatites on exploration licence E57/983 located in the Murchison District in Western Australia, approximately 20 km southwest of the historical Youanmi gold mine. Lepidico owns the technology [...]
Lithium Australia has announced plans to launch a takeover offer for Lepidico Limited. We interviewed LIT's Managing Director, Adrian Griffin to discuss this as well as other recent corporate activities at the company. This included the settlement of litigation with Lepidico, the reasons for the take-over offer for Lepidico as well as a joint venture with Tin International for a German project. About Lepidico Lepidico [...]
Critical Elements is pleased to announce that Platypus Minerals completed its due diligence over the Lemare lithium project in Quebec, and has directed Lepidico Ltd to proceed with exercise of the Lemare Option. The Lemare lithium project is located in the James Bay region of Quebec and is prospective for pegmatite-hosted lithium mineralisation (Figure 1). The project is secured by an option agreement ("Lemare Option [...]
Brazil-focused resource development company Crusader Resources is pleased to advise the Company has signed a joint-venture Shareholders Agreement and finalised the terms of associated documentation with Lepidico Ltd. The new company, to be known as Third Element Metals, is aiming to become a producer of the third element in the periodic table, namely lithium, with an immediate focus on Brazil. Highlights: - Crusader [...]
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