Lithium Energi Exploration announces that, further to its news release dated May 8, 2025, and May 14, 2025, the 15-day period for objection to the foreclosure by Arena Investors, pursuant to Section 61 of the Personal Property Securities Act, on all of the all of the issued and outstanding shares in Lithium Energi Argentina in full and final satisfaction for payment of the $7,000,000 in principal, and all associated [...]
Lithium Energi Exploration is providing an update on Arena Investors LP's enforcement action. As noted in the Company's news release dated May 8, 2025, Arena Investors LP has provided the Company with a notice pursuant to Section 61 of the Personal Property Securities Act that Arena seeks to seize all of the Company's property secured under the applicable security documents in full and final satisfaction for payment of [...]
We are advised by Lithium Energi Exploration Inc. that journalists and other readers should disregard the news release, issued 13-May-2025 over PR Newswire. SOURCE Lithium Energi Exploration Inc....
Lithium Energi Exploration is providing an update on Arena Investors LP's enforcement action. As noted in the Company's news release dated May 8, 2025, Arena Investors LP has provided the Company with a notice pursuant to Section 61 of the Personal Property Securities Act that Arena seeks to seize all of the Company's property secured under the applicable security documents in full and final satisfaction for payment of [...]
Lithium Energi Exploration announces that Arena Investors LP has provided the Company with a notice pursuant to Section 61 of the Personal Property Securities Act that Arena seeks to take all of the issued and outstanding shares in Lithium Energi Argentina S.A. in full and final satisfaction for payment of the $7,000,000 in principal, and all associated interest, outstanding pursuant to the secured credit agreement [...]
Lithium Energi Exploration is pleased to announce that it has completed drilling at the Antofalla North Project and the Antofalla South Project, in the south of the salar. The Campaign consisted of 1,003.4 meters across the northern and southern properties. Three diamond holes were drilled in the northern LEA I, LEA XXXIV and LEA V properties. Two diamond holes to 200 m depth, and a third hole to 302 m depth, were drilled [...]
Lithium Energi Exploration announces the resignation of Eamonn McInerney, the former nominee to the Company's board from Arena Investors. The Company is also announcing that it received a demand notice from its senior secured creditor Arena for payment of $7,172,527.29 outstanding pursuant to the secured credit agreement entered into between the Company and Arena on Feb 1, 2023, as amended, and a notice of intention to [...]
Lithium Energi Exploration is pleased to announce, further to its news release dated July 18, 2024, and August 28, 2024, it has closed the second and final tranche of its non-brokered private placement of units of the company for gross proceeds of C$3,362,405.75. Upon closing of the Second Tranche, an aggregate of 82,248,115 Units were issued under the Offering for aggregate gross proceeds of C$4,112,405.75. Each Unit [...]
Arena Investors, LP announces that through the completion of a private placement with Lithium Energi Exploration Inc. , it, through certain investment funds managed by it, acquired ownership of 15,000,000 units of LEXI at a price of $0.05 per Unit for aggregate consideration of $750,000. Each Unit consists of one common share in the capital of LEXI and one full common share purchase warrant with each Warrant entitling the [...]
Lithium Energi Exploration Inc. , a leading exploration company focused on the acquisition, exploration, and development of lithium brine assets in Argentina, is pleased to announce its approval for trading on the OTCQB Venture Market in the United States, effective October 31, 2023. Within a short period, LEXI has demonstrated significant operational aptitude, particularly in the rollout of its lithium exploration and [...]
Lithium Energi Exploration Inc. , a green energy company focused on the acquisition, exploration, and development of lithium brine assets in Argentina, announced today that it will form a special committee of independent directors to initiate with the CEO a review process to explore, review and evaluate a broad range of strategic alternatives that may be available to the Company to unlock shareholder value. The Special [...]
Lithium Energi Exploration Inc. has agreed to settle a portion of the interest payment due to Arena Investors, LP as at September 20, 2023 in common shares of LEXI . Pursuant to the credit agreement dated February 1, 2023 between Arena and the Company, as amended, , as at September 20, 2023, the Company will owe Arena interest in the amount of $211,726. Arena has elected to take payment of $105,863 of such amount through [...]