International Battery Metals Ltd. announced today that 3,333,333 warrants held by Ensorcia Metals Corporation have been exercised for total proceeds of US$350,000.00. The Company has now substantially finished the detailed engineering and is approaching completion of key equipment fabrication for the Mobile Lithium Extraction Unit. The Company is looking at having all of the mobile skids completed in the second quarter of [...]
International Battery Metals Ltd. announces that it has closed its private placement with EVL Holdings, LLC as announced on November 2, 2020, of 25,000,000 common shares at a price of $0.10 for proceeds of $2,500,000. EVL will directly control 25,000,000 common shares which is 21.94% of the 113,971,166 common shares that will be outstanding after completion of the private placement. Neither the Company nor, to the [...]
International Battery Metals Ltd. the Company announced that it has completed a private placement with Sorcia Minerals LLC of 25,000,000 common shares at a price of $0.10 for proceeds of $2,500,000 as announced September 3, 2020. Sorcia is a subsidiary of Ensorcia Metal Corporation which holds 3,333,333 common shares and 4,333,333 share purchase warrants entitling it to purchase an additional 4,333,333 common shares of [...]
International Battery Metals Ltd. announces that subject to regulatory approval, its board of directors have approved a private placement with Sorcia Minerals LLC of 25,000,000 common shares at a price of $0.10 for proceeds of $2,500,000. Sorcia is a subsidiary of Ensorcia Metals Corporation which holds 3,333,333 common shares and 3,333,333 share purchase warrants entitling it to purchase an additional 3,333,333 common [...]
International Battery Metals Ltd. announced today that is has closed the second tranche of its private placement announced December 6, 2019. The tranche consisted of 2,912,621 units at $0.103 USD per unit for total proceeds of $300,000 USD . The private placement is part of a total private placement of 7,181,000 units at $0.103USD per unit announced December 6, 2019 of which 3,000,000 units closed on December 13, 2019 [...]
International Battery Metals Ltd. announced today that is has closed the first tranche of its private placement announced August 21, 2019. The tranche consisted of 3,333,334 units at $0.105 USD per unit for total proceeds of $350,000 . The private placement is part of a total private placement of 13,000,000 units at $0.105USD per unit announced August 21, 2019. The proceeds of the private placement will be used as set out [...]
International Battery Metals Ltd. announces private placement agreements with Escorcia Metals Corporation a licensee of the Company's lithium extraction technology and Beaty Limited for the purchase of up to 13,000,000 units at a price of $0.105 USD per unit for total proceeds of up to $1,365,000 . Each unit will consist of one common share of the Company and one non-transferable share purchase warrant. Each warrant will [...]
International Battery Metals Ltd. is pleased to provide an update on our Chilean research and development technology project with Ensorcia Metals Corporation and Sorcia Minerals LLC. Design and construction of IBAT's Mobile Lithium Extraction Unit is progressing, on schedule for deployment on a Chilean Salar, in late 2019 or early 2020. More specifically, final engineering of the Mobile Lithium Extraction Unit is nearing [...]
International Battery Metals Ltd. , in conjunction with its South American partner, Sorcia Metals Corp, is pleased to announce the successful live demonstration of IBAT's lithium extraction technology to Chilean and Argentinean stake holders. The demonstration was conducted at the labs of IBAT's engineering partner, Impact Technology Development in Devens, Massachusetts and live-streamed to South American partners. The [...]
International Battery Metals Ltd. , is pleased to announce that it has entered into its second licensing agreement with Ensorica Metals Corporation and its wholly-owned subsidiary, Ensorcia Argentina LLC , whereby IBAT will license its lithium extraction technology to EAL for use in the extraction of lithium chloride from lithium bearing brine sources in the country of Argentina . The resulting lithium chloride will be [...]
International Battery Metals Ltd. , is pleased to announce that it has entered into a licensing agreement with Ensorica Metals Corporation and its wholly-owned subsidiary, Sorcia Minerals LLC , whereby IBAT will license its novel lithium extraction technology to Sorcia for use in extracting Lithium Carbonate from lithium bearing brine sources in the country of Chile . In addition, the Licensing Agreement appoints IBAT as [...]
International Battery Metals Ltd. , is pleased to announce that it has completed its Phase 2 engineering study, design, and cost analysis. Upon receipt of the Phase 2 Engineering Report, Dr. John Burba, CEO of IBAT, stated: "We are very pleased with the work product that our engineering partner, Impact Engineering, has presented to us. The work was timely and thorough. Furthermore, we believe that their engineering [...]
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