Ardiden Ltd.

The June 2016 Quarter was another active and highly productive period for Ardiden, with the Company undertaking significant exploration and development activities across its growing portfolio of strategic and energy metal-related commodity projects in the leading mining jurisdiction of Ontario, Canada. HIGHLIGHTS SEYMOUR LAKE LITHIUM PROJECT (Ontario, Canada) - Outstanding grades of up to 5.4% lithium oxide (Li2O [...]

Further to the Company's announcement on 11 July 2016, Ardiden is pleased to advise that the Company has successfully acquired the Root Lake Lithium Project from Landore Resources Canada Inc. Ardiden has met the final payment of cash and issued the required Ardiden shares to Landore as per the terms of the option agreement. The Company also issued 500,000 ordinary shares to a consultant of the Company for services [...]

Further to its announcement of 19 July, Ardiden is pleased to advise that the next phase of exploration has now also commenced at its newly acquired Root Lake Lithium Project in Ontario, Canada with the exploration team currently on the ground conducting mapping and sampling programs. HIGHLIGHTS - A geological team is now on the ground at the newly acquired Root Lake Lithium Project in Ontario, Canada. - Initial focus [...]

Ardiden is pleased to advise that the next phase of exploration has commenced at its newly acquired Seymour Lake Lithium Project in Ontario, Canada with its exploration team currently on the ground conducting mapping and sampling programs. Highlights: - A geological team is now on the ground at the newly acquired Seymour Lake Lithium Project in Ontario, Canada. - Initial focus is to map and channel sample the North and [...]

Lithium and graphite explorer Ardiden is pleased to advise that it has further expanded its lithium portfolio in Canada after staking and securing the grant of the Root Bay Lithium Project in Ontario, located immediately adjacent to its recently acquired Root Lake Project. This follows the recent exercise of its option to acquire the Root Lake Lithium Project from Landore Resources Canada Inc. (see ASX Announcement - 11 [...]

Lithium and graphite explorer Ardiden is pleased to advise that it has now formally exercised its option to acquire 100% of the advanced Root Lake Lithium Project in Ontario, Canada following the completion of a due diligence review of the project, including a highly successful maiden drilling program. This follows the exercise of the option to acquire the Seymour Lake Lithium Project (see ASX Announcement - 3 June 2016 [...]

Lithium and graphite explorer Ardiden is pleased to advise that it has appointed highly experienced international mining executive Dr Michelle Li as a non-executive Technical Director. Dr Li, has more than 20 years of international mining experience, including senior executive roles with mining companies such as Grange Resources (ASX:GRR), Citic Pacific, Rio Tinto (ASX:RIO) and Iluka Resources (ASX:ILU). She brings [...]

Ardiden is pleased to advise that it has received highly encouraging initial assay results from the recently completed due diligence diamond drilling program at the Root Lake Lithium Project in Ontario, Canada (under option). Highlights: - Outstanding grades of up to 3.8% lithium oxide (Li2O) returned from analysis of 151 core samples from the recent diamond drilling program at the Root Lake Lithium Project in Ontario [...]

Further to the Company's announcement of 9 June 2016, Ardiden is pleased to advise that the oversubscribed capital raising has been successful completed. Ardiden has successfully raised A$2.88 million through a placement of shares to key sophisticated and institutional investors in Australia and internationally (the "Placement"), with strong support from leading global investment and financial services house Sanlam [...]

Ardiden is pleased to announce that it has raised A$2.88 million through a placement of shares to key sophisticated and institutional investors in Australia and internationally, with strong support from leading global investment and financial services house Sanlam Private Wealth as sole lead manager. Highlights: - Heavily oversubscribed share placement completed, raising $2,880,000 at an issue price of 3.2c. Sanlam [...]