Lithium Energi Inc. is pleased to announce that it has called its annual general and special shareholders' meeting on March 20, 2023 to, among other things, approve its recapitalization transactions with Arena Investors, LP and Triangle Lithium, LLC , and the debt settlement arrangements with Steven C. Howard and Omar E. Ortega as previously disclosed by the Company in a press release dated February 1, 2023, and further [...]
Lithium Energi Exploration Inc. is pleased to announce that it has entered into certain binding settlement documentation to settle certain outstanding debt obligations of LEXI, including all amounts owing to Arena Investors, LP , Triangle Lithium, LLC , Steven C. Howard and Omar Ortega . The Company has also entered into a subscription agreement with Triangle to provide additional working capital and settled the form of [...]
Lithium Energi Exploration Inc. is pleased to announce that its new joint venture, Triangle Lithium Argentina, S.A. , kicked off its much-anticipated drilling campaign by spudding its first well on June 16, 2022 and drilling is now underway. The JV's Campaign contractor, Dorado Exploraciones y Servicios is a mining services contractor owned by the former Secretary of Mines for Catamarca Province, Rodolfo Micone. Dorado [...]
Lithium Energi Exploration Inc. is pleased to announce that, advancing in conjunction with the Company's new JV, Triangle Lithium Argentina, S.A. , contracts have now been executed and the first phase of its drilling campaign will commence in the next 30 days. Trila and LEXI's Argentina subsidiary, Lithium Energi Argentina, S.A. have just finalized the execution of contracts with Dorado Exploraciones y Servicios, a mining [...]
Lithium Energi Exploration Inc. is pleased to announce that, under its JV Agreement with Global Oil Management Group, LLC , implementation of exploration and development plans is accelerating rapidly. The new JV will be known as Triangle Lithium Argentina, S.A. . LEXI is both obligated and excited to make reference to two recent press releases in which LEXI was mentioned - one by Sorcia Minerals, a private U.S. mineral [...]
Joint venture with Global Oil Management Group affiliate Sorcia Minerals is pleased to announce that it has formed a joint venture with Terra Novo Energy, Triangle Lithium LLC, for the purpose of acquiring and developing specific assets related to the exploration and development of lithium. Triangle through its affiliation with Sorcia, will develop lithium resources utilizing International Battery Metals' proprietary [...]
Lithium Energi Exploration Inc. is pleased to announce that it has entered into a joint venture agreement with Global Oil Management Group, LLC , an international resource development company controlled by prominent investor, Harry Sargeant, III. GOMG will provide capital for the exploration and development of approximately 20% out of a total 72,000 hectares of prospective lithium mining claims owned by LEXI in the [...]
Lithium Energi Exploration Inc. announced today that it has filed and received a receipt for its short-form prospectus with the securities regulatory authorities in the provinces of British Columbia, Alberta and Ontario to qualify the securities offered under the Prospectus. The Company has also entered into an agency agreement with Gravitas Securities Inc. under which the Agent has agreed to sell, on a best efforts [...]
Lithium Energi Exploration Inc. is pleased to announce positive updates regarding the ongoing ‘phase two’ test work , which is the second of four phases pursuant to the engagement between LEXI and its technology partner, IBC Advanced Technologies, Inc. for a lithium processing plant utilizing IBC’s proprietary SuperLig® Molecular Recognition Technology . In September, IBC successfully completed the [...]
Lithium Energi Exploration Inc. announced today that it has filed a preliminary short form prospectus with securities regulatory authorities in the provinces of Alberta, British Columbia and Ontario in connection with a proposed marketed offering of units of the Company at a price of $0.26 per Unit, for an aggregate offering of $1,000,000 in the minimum and $6,500,000 in the maximum . Gravitas Securities Inc. will conduct [...]
Lithium Energi Exploration is pleased to announce that, as part of the ongoing engineering work now underway with IBC Advanced Technologies, Inc. , IBC has completed a Level One Assessment on a sample brine provided by LEXI and is rapidly progressing in conducting successful bench trials for separating and purifying lithium ions – with a sufficient selectivity factor to produce 99%+ pure Li – utilizing [...]
Lithium Energi Exploration Inc. is pleased to announce positive results following the completion of its initial geophysical exploration program. The geophysical surveys were executed to investigate sub-surface conductive brines under approximately 366 square kilometers of LEXI’s concessions in the northern portion of the Antofalla Salar, located in Catamarca Province, Argentina. The survey results were successful [...]
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