Southern Lithium is pleased to announce it has completed the first hole of the Phase One exploration program and has begun drilling the second hole at its Cruz Property in the Pocitos Salar Basin in Salta Province. Additionally, the Company wishes to announce that it has increased the Non-Brokered Private Placement, previously announced on July 26, 2017, from CDN$1.2 Million to $1.6 Million. The first hole (CREX 1701) of [...]
Southern Lithium is pleased to announce a Non-Brokered Private Placement of up to CDN $1.2 million. The company will issue 4,800,000 units at a purchase price $0.25 per Unit, for total gross proceeds of up to $1,200,000. Each Unit will consist of (1) common share of the Company and one (1) non-transferable share purchase warrant. Each warrant will entitle the holder to acquire one (1) Common Share at an exercise price of [...]
Southern Lithium is pleased to announce that the exploration crew have commenced the first phase of the drilling program at the Cruz Lithium Property previously announced. The holes will be drilled to a minimum 250 meters, and deeper based on drilling conditions and brine content. Data collection will include lithology, down-hole geophysics, porosity characterization and depth-specific geochemical samples. The brine [...]
Southern Lithium is pleased to announce it has been granted the necessary permits to execute the first phase of drilling at its Cruz Property previously announced. This permit was granted after an extensive review of the Environmental Impact Report by the Ministry of Environment and Sustainable Production for Government of the Province of Salta. The first phase of the drilling program will consist of one core hole drilled [...]
Southern Lithium is pleased to announce that it has closed its non-brokered private placement financing for gross proceeds of $1,044,500 through the sale of 4,178,000 units at $0.25 per unit. Each Unit will consist of one (1) common share of the Company and one (1) non-transferable share purchase warrant (“Warrant”) which is exercisable at $0.35 for a period of eighteen (18) months. In the event that the Company’s common [...]
Southern Lithium is aware of a significant increase in the volume of trading in the Company’s stock on the FSE as a result of unauthorized German newsletters, Pennystocks.de, Profitableaktien.de., and Boersennews.de being disseminated. These newsletters were not issued by, on behalf of, or at the request of the Company, and the Company disclaims any involvement with the newsletters or any connection or relationship to [...]
Southern Lithium is pleased to announce it has acquired a seventy percent (70%) interest in two additional claim blocks in the Pocitos Salar Basin in Salta Province, Argentina with partner Proyecto Pastos Grandes, a wholly owned subsidiary of Millennial Lithium Corp. The Cruz Property is contiguous with the south end of ADY Resources Limited’s Salar del Rincon project, which has Probable Reserves of 1.2 million tonnes [...]
Southern Lithium is pleased to announce that the company Website has been updated. The Website now hosts numerous photos taken on the recent site visit to the Cruz Property in preparation for the Company’s spring 2017 exploration program. The Cruz Property is located in the Pocitos Salar Basin in Salta Province, in Argentina’s Lithium Triangle. Mr. Clive Massey, Southern Lithium’s CEO, states: “The Company and its [...]
Southern Lithium is pleased to provide a corporate update on the recent visit to the Cruz Property, located in the Pocitos Salar Basin in Salta Province, in Argentina’s Lithium Triangle. Management of the Company toured the Cruz Property on April 25th 2017 and subsequently the Company received an update on the permitting process for the Phase One drill program previously announced on March 30, 2017. Clive Massey, CEO of [...]
Southern Lithium is pleased to welcome Miguel Ángel Tobar Corriales to its recently created advisory board. Southern Lithium and the management view the creation of this advisory board as another tool to advance the company’s business agenda in Latin America. Mr. Tobar is a Chilean mining lawyer and engineer with over 36 years’ experience in the mining industry in Latin America. Currently he is a partner and the general [...]
(TheNewswire) VANCOUVER, Canada / TheNewswire / Southern Lithium Corp. (TSX-V: SNL) (FSE: SL5) ("Southern" or "the Company") is anticipating the issuance of the drill permits shortly for its Cruz property. The design phase of the 2017 drilling program for its flagship Cruz Property (the "Property"), located in the Pocitos Salar Basin in Salta Province, Argentina has been completed. Two drill targets have been selected [...]
Southern Lithium is pleased to announce that it has increased the Non-Brokered Private Placement, previously announced on February 7, 2017, from CDN$1.0 Million to $1.6 Million This offering will consist of 6,400,000 units at a purchase price of $0.25 per Unit, for gross proceeds of up to $1,600,000. Each Unit will consist of one (1) common share of the Company and one (1) non-transferable share purchase warrant [...]
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