Spey Resources Corp. is pleased to announce that Phillip Thomas has joined Spey as Chief Executive Officer, effective October 3, 2022. Mr. Thomas is a highly specialised lithium brine geologist with significant experience in salt lake exploration, hydrology, estimation and production chemical engineering. He has had more than 30 years experience in the capital markets as a mining focussed investment banker with Macquarie [...]
Spey Resources Corp. is pleased to announce that it has entered into an agreement to acquire all of the shares of Lithium Energy Metal Corporation , which owns the following four projects in the James Bay Region of Quebec: The 454 Block Project - consists of 10 contiguous claims . The claims occur within the Archean Langelier Complex, which are the oldest rocks in the Le Grand sub-province of the regional Superior [...]
Spey Resources Corp. is pleased to announce, further to its news release dated September 7, 2022, that it has closed its non-brokered private placement , having issued 22,141,496 units at a price of $0.175 per Unit, for gross proceeds of $3,874,761.80. Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant , with each Warrant entitling the holder to acquire one Share at [...]
Spey Resources Corp. , is pleased to announce that it intends to complete a non-brokered private placement consisting of units of the Company at a price of $0.175 per unit for aggregate gross proceeds of up to C$2,750,000, with each Unit comprised of one common share of the Company and one-half of one common share purchase warrant of the Company , with each whole Warrant entitling the holder to acquire one Share at a [...]
Spey Resources Corp. , is pleased to announce the achievement of certain development milestones and planned future activities regarding the Incahuasi Salar property and Pocitos Salar property, respectively. Incahuasi Salar On March 23, 2022, the Company acquired an 80% interest in the Candela II project by paying USD$1,000,000 and continues to have the right to option the other 20%; On August 10, 2022, the Company [...]
Spey Resources announces that the British Columbia Securities Commission has revoked the cease trade order which was issued against the Company, effective August 12, 2022, in connection with certain continuous disclosure deficiencies. The Company filed various rectifying continuous disclosure documents on August 8, 2022, which documents are available via SEDAR.
Spey Resources announces that as a result of a review by the BCSC, we are issuing the following press release to clarify our disclosure. The Company has been subject to a continuous disclosure review with the BCSC as a result of a cease trade order imposed on August 27, 2021 for failure of the Company to file certain disclosure documents regarding its acquisition of Tech One Lithium Resources Corp.
Spey Resources Corp. announces that it has amended the term of 2,975,000 common share purchase warrants that were issued pursuant to a private placement of units of the Company which closed on April 8, 2021. Each Unit was comprised of one common share of the company and one Warrant, with each Warrant exercisable to purchase one common share at a price of $0.22 until April 8, 2022 . The Company has extended the Expiry Date [...]
Spey Resources Corp. , is pleased to announce that it has signed an option agreement with Recharge Resources Corp. whereby Recharge Resources may acquire up to a 100% undivided interest in the Pocitos 1 Project, an 800 hectare lithium brine project located just outside of Salta, Argentina . Under the terms of the Agreement, Recharge Resources may exercise the Option and earn an 80% undivided interest in the Pocitos 1 [...]
Spey Resources Corp. is pleased to announce that it has paid the U.S. $1 million option payment, and completed U.S. $500,000 in exploration expenditures, in respect of the Candela II project in the Incahuasi Salar in Argentina. Accordingly, pursuant to the terms of the option agreement with A.I.S. Resources Ltd. , Spey has exercised the option to acquire 80% of the Candella II project. Spey has also, as a result of [...]
Spey Resources Corp. , is pleased to announce that Lawrence Hay has joined the Board of Directors effective December 13, 2021. Mr. Hay has extensive experience providing corporate development services and consultation to both private and public sector clients, particularly those within the lithium industry. Mr. Hay studied at Vancouver Community College, obtaining his Red Seal certification in 2012, while apprenticing and [...]
Spey Resources Corp. , further to its news releases dated October 22, 2021 and August 31, 2021, wishes to provide an update regarding the British Columbia Securities Commission's continuous disclosure review. The Company currently remains cease traded, and is continuing to work actively with the BCSC to assist in completing their review. The Company expects to be in a position to file certain disclosure documents within [...]