Ares Strategic Mining Inc.

Lithium Energy Products Inc. today announced that, further to its news releases of April 3, 2019 and October 11, 2019, LEP has entered into an amending agreement to the definitive amalgamation agreement dated April 1, 2019, as amended , with American Strategic Minerals Inc., a private British Columbia company which holds the prospective Lost Sheep Property. The Amendment permits LEP to close a proposed shares for debt [...]

Lithium Energy Products Inc. announces that it has successfully arranged a bridge financing, representing the funds required to satisfy the closing conditions for the reverse takeover transaction with American Strategic Minerals Inc. which was announced on April 3, 2019. The bridge financing consists of the issuance of 2,500,000 common shares of the Company at a price of $0.08 per Common Share with 1,250,000 warrants [...]

Lithium Energy Products Inc. would like to announce the appointment of a new Director and the appointment of a new auditor. Change of Management The Company announces James Walker will be appointed as a director of the Company. Mr. Walker has over 13 years of engineering and project management experience within several industries including mechanical engineering, mining engineering, construction, project management [...]

Lithium Energy Products Inc. today announced that as a result of its intention to ramp up its Lost Sheep fluorspar mine in Utah, it has engaged Sprott Capital Partners LP, on a best efforts basis, as the exclusive placement agent to the Company, for a private placement of up to 43,750,000 units at a price of $0.08 per Unit for gross proceeds of up to $3,500,000. Each Unit is comprised of one common share of the Company [...]

Lithium Energy Products Inc. today announced the signing of an MOU between Possehl Erzkontor North America Inc. and the Company. Under the MOU, the two firms will negotiate binding definitive agreements for the following: Possehl will become LEP's exclusive agent for the sale and worldwide distribution of Flurospar produced at the Company's Lost Sheep Mine in Utah. Under a take or pay sales agreement, Possehl will be [...]

Lithium Energy Products Inc. today announced that, following recent progress in financing the project, LEP and American Strategic Minerals Inc. have agreed to extend the Definitive Amalgamation Agreement, as originally dated April 1, 2019. LEP will honour its commitment to acquire all of the shares of ASM by way of a three-cornered amalgamation between LEP, ASM and a wholly-owned subsidiary of LEP formed for the purpose [...]

Lithium Energy Products Inc. is pleased to announce that, further to its news release of January 21, 2019, it has entered into a definitive amalgamation agreement dated effective April 1, 2019 with American Strategic Minerals Inc. , an arm's length British Columbia-based company engaged in an active fluorspar mining operation in Utah, pursuant to which LEP has agreed to acquire all of the shares of ASM by way of a [...]

Vancouver, British Columbia / TheNewswire / 1st February 2019. Lithium Energy Products Inc. is pleased to announce that on 17th January, 2019 it entered into a Binding Letter of Intention with American Strategic Minerals to acquire 100% of its assets, including the Lost Sheep mine , based in Utah. The arm's length acquisition will include 51 claims of US federal land, and 640 acres of State land, covering a total land [...]

Vancouver, British Columbia / TheNewswire / 21st January 2019 - LITHIUM ENERGY PRODUCTS INC. is pleased to announce that it has entered into a Binding Letter of Intention with American Strategic Minerals to acquire 100% of its assets, including the Lost Sheep mine , based in Utah. Under the terms of the agreement, the Company will move towards a Definitive Agreement upon completion of its Due Diligence on the project. The [...]

Vancouver, British Columbia / TheNewswire / January 21st, 2019. LITHIUM ENERGY PRODUCTS INC. is pleased to announce that it has entered into debt settlement agreements with various arm's length and non-arm's length parties to the Company . The Company plans to issue 437,591 common shares of the Company to settle approximately $39,383.15 of corporate debt owed to the various arm's length and non-arm's length parties. The [...]