NexGen Energy Ltd. is pleased to announce that it has entered into a binding agreement with Queen's Road Capital Investment Ltd. for a financing package totalling US$30 million, comprising: US$15 million of common shares of NexGen ; and US$15 million aggregate principal amount of unsecured convertible debentures . The US$15 million private placement of Placement Shares will result in the issuance of approximately 11.6 [...]
Queen's Road Capital Investment Ltd. is pleased to announce that it is undertaking a private placement of 132,615,753 shares at a share price of $0.40 for gross proceeds of $53,046,301. As mentioned in the press release dated 3 February 2020, Queen's Road Capital is issuing 106,750,003 shares to the following investors either directly or through their investment companies for total gross proceeds of $42,700,000: Corom [...]
Queen's Road Capital Investment Ltd. is pleased to announce that it has completed its change of business to become an investment issuer and has closed the first round of the private placement being undertaken to finance its new business. The First Round Placement was undertaken with a group of investors which included Squadron Resources Pty Ltd. Squadron Resources, part of Andrew Forrest's Minderoo Group, is a [...]
Queen's Road Capital Investment Ltd. is pleased to provide an update on the series of transactions announced on September 16, 2019 whereby Lithion Energy Corp. became Queen's Road Capital. Effective January 30, 2020, the Company has completed its name change to Queen's Road Capital Investment Ltd. and became a Caymans Island registered company with its office located at Suite 2006, 2 Queen's Road Central, Hong Kong. After [...]
Lithion Energy Corp. is pleased to announce that having completed an evaluation of the Company's existing operations and a review of strategic options for the Company, the Board of Directors of the Company has determined to refocus its business operations from a "mining issuer" to an "investment issuer". Lithion Energy Corp. will become Queen's Road Capital Ltd., a leading financier to the global resource sector. The [...]
Lithion Energy Corp. is pleased to announce that it has completed the appointment of Mr. Warren Gilman as Chairman and Alex Granger to the position of CEO and Director, and it has closed its previously announced private placement for aggregate gross proceeds of $350,000. Mr. Gilman, a mining engineer, has more than 30 years of experience as a deal maker in the metals and mining sector. He was a founder of the Canadian [...]
Lithion Energy Corp. is pleased to announce that it will appoint Mr. Warren Gilman as Chairman and Alex Granger to the position of CEO and Director after the completion of a private placement. Mr. Gilman, a mining engineer, has more than 30 years of experience as a deal maker in the metals and mining sector. He was a founder of the Canadian Imperial Bank of Commerce Global Mining Team in Toronto in 1988. He subsequently [...]
LithiumOre is pleased to provide an update for its Western Nevada Basin project. The Company is finalizing a drill contract and expects to begin drilling before the end of June 2018. The initial drilling will consist of three holes to test priority drill targets previously identified during surveys. The drilling program is scheduled to drill three holes using a sonic drill rig to a depth of 3,300 feet each, collecting [...]
Lithion Energy is pleased to announce that it has expanded its Railroad Valley Brine Project's land position in Nevada by 5,963 Acres , or by nearly 150%. The recently completed staking of 296 placer claims, over one contiguous block, brings the Company's total land holdings in the Railroad Valley Basin to 495 placer claims, totalling approximately 10,000 acres , spread over three separate claim blocks in close proximity [...]
Lithion Energy is pleased to announce that it has completed the sale of its 80-per-cent equity interest in each of PT Gayo Mineral Resources and PT Linge Mineral Resources, under a share purchase agreement with a private Indonesia company. As per the terms of the SPA, the private Indonesian company will pay the Company a total of $1-million (U.S.). The proceeds will be used to finance the Company's lithium projects [...]
Lithion Energy is pleased to announce the results of the Special Meeting held May 1st 2017. The SM was held in respect to the conditional sale and purchase agreement with a private Indonesian company, whereby the private Indonesian company has agreed to purchase the Company's 80-per-cent equity interest in each of PT Gayo Mineral Resources and PT Linge Mineral Resources. The Company wishes to announce that the shareholder [...]
Lithion Energy is pleased to announce the completion of its previously announced consolidation, private placement and acquisition of the Railroad Valley lithium brine property located in Nevada, and the Black Canyon lithium clay property located in Arizona. Consolidation The Company has completed the consolidation of the Company's issued and outstanding common shares (the "Common Shares") on the basis of one (1 [...]
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