Lithium One Metals announces that it has closed the first tranche of its previously announced non-brokered private placement to raise gross proceeds of up to $2 million through the issuance of 1,600,000 common shares at a price of $0.25 per Share for total gross proceeds of $400,000 . Net proceeds raised under the First Tranche will be used to fund the transaction costs associated with the proposed acquisition of Norris [...]
Lithium One Metals Inc. announces that it has arranged a private placement of up to 6,250,000 common shares at $0.25 per Share for total gross proceeds of up to $2,000,000. Finders' fees may be payable in whole or on part of the Placement, subject to the policies of the TSX Venture Exchange. The proceeds from the Placement will be used for general working capital. All securities issued under the Placement will be subject [...]
Lithium One Metals Inc. is pleased to announce it is in position to begin exploration activity on its five Quebec properties as soon as restrictions issued by the Ministère des Ressources naturelles et des Forêtst are lifted. A top priority target for the company is the Taycan Lithium Project in the James Bay region of Quebec . The project is adjacent to Patriot Battery Metals Corvette lithium discovery and falls within [...]
Lithium One Metals and Norris Lithium have entered into a definitive arrangement agreement dated June 19, 2023 pursuant to which Lithium One will acquire all of the issued and outstanding common shares of Norris Lithium on the basis of 0.672 common shares of Lithium One for each share of Norris Lithium held, by way of a plan of arrangement under the Business Corporations Act. This strategic consolidation represents a [...]
Lithium One Metals Inc. is pleased to announce that field teams are making strong progress mapping, prospecting and channel sampling pegmatites across seven properties in northwest Ontario. Already, more than 600 samples have been shipped to the laboratory and assays are pending. Of particular note, the Company is expediting activity on two specific projects. This newly accelerated approach is based on remote data [...]
Lithium One Metals Inc. is pleased to announce the details of a multiphase work program planned to commence immediately in Ontario and Quebec. The Company has acquired a dominant land package in both lithium districts and will use a strategic approach to advance the projects rapidly through grassroots exploration to drill ready targets. In light of the current forest fire conditions in Quebec, the Company is dedicated to [...]
Lithium One Metals Inc. is pleased to announce that Nav Dhaliwal has been appointed President, Chief Executive Officer and director of the Company, which is preparing for a multi-project work program across its portfolio in Canada's emerging lithium districts. Mr. Dhaliwal is an experienced mining executive, financier, and capital markets expert with a strong track record of value creation. He was the founding CEO of [...]
Lithium One Metals Inc. is pleased announce it has identified high priority exploration locations on the Sirmac East Lithium Project following the completion of new remote sensing analysis using satellite-aided outcrop detection. The new data will enable LONE to conduct an accelerated work program at the Sirmac East property, strategically located near Vision Lithium's Sirmac and Winsome Resources' Sirmac-Clapier projects [...]
Lithium One Metals Inc. is pleased to announce that, further to its news release of February 8, 2023, it has closed its Ferrari Lithium property acquisition. The Ferrari Lithium property is located 35 km northeast of the Pontois-Corvette Lithium Projects owned by Patriot Battery Metals and 40 km northeast of LONE's Taycan Lithium property. Under the terms of the Property option agreement , the Company must pay a total of [...]
Lithium One Metals is pleased to announce that James Bahen has been appointed a director of the Company. Mr. Bahen is a director and equity partner of SmallCap Corporate and chartered secretary who commenced his career in audit and assurance with an international chartered accounting firm. He is currently a non-executive director and company secretary of a number of Australian Stock Exchange listed companies and has a [...]
Lithium One Metals is pleased to announce the launch of its new company website and corporate presentation. The updated platform provides investors, stakeholders, and interested parties with a comprehensive overview of the Company's mission, operations, and exploration strategy. The new corporate presentation provides a comprehensive overview of LONE's portfolio of high-quality lithium projects in emerging Canadian [...]
Lithium One Metals Inc. is pleased to announce it has entered into an option agreement to acquire an additional lithium property in the James Bay region of Quebec, subject to the acceptance of the TSX Venture Exchange. The Ferrari Lithium property is located 35 km northeast of the Pontois-Corvette Lithium Projects owned by Patriot Battery Metals and 40 km northeast of LONE's Taycan Lithium property . The acquisition [...]
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