LithiumBank Resources Corp. is pleased to announce that it has closed its previously announced bought deal private placement financing pursuant to an underwriting agreement among Echelon Capital Markets, Beacon Securities Limited and Red Cloud Securities Inc. and the Company dated May 15, 2023 in connection with the "bought deal" private placement of 3,631,700 units of the Company issued on a charity flow-through basis at [...]
LithiumBank Resources Corp. a lithium development company focused on lithium-enriched brine projects in Western Canada, announces the voting results from its Annual and Special Meeting of Shareholders , held on April 27, 2023, including the appointment of Katya Zotova to the Board of Directors of the Company. Ms. Zotova spent 25 years in strategy and corporate finance, private equity and investment banking across Europe [...]
LithiumBank Resources Corp. is pleased to announce it has entered into an agreement with Echelon Capital Markets and, if applicable, on behalf of a syndicate of underwriters in respect of a bought deal private placement of 3,158,000 units of the Company issued on a charity flow-through basis at a price of $1.90 per FT Unit for gross proceeds of $6,000,200 . Each FT Unit will consist of one common share of the Company to [...]
LithiumBank Resources Corp. is pleased to announce it has signed a Memorandum of Understanding " with ZS2 Technologies Inc. . The MoU will enable ZS2 to deploy their proprietary and patented CO2 Direct-Air-Capture technology to capture carbon dioxide emissions from the Boardwalk and Park Place projects in central Alberta, Canada. ZS2 will also further process treated brine to collect magnesium and calcium for use in their [...]
LithiumBank Resources Corp. is pleased to announce it has signed a Memorandum of Understanding with Invest Alberta to support the development of a commercial lithium production facility at the Company's Boardwalk brine project located 85 kilometres east of Grand Prairie, Alberta. Under the agreement, Invest Alberta has agreed to support LithiumBank by promoting the project domestically and internationally, facilitating [...]
LithiumBank Resources Corp. a lithium development company focused on lithium-enriched brine projects in Western Canada, announces that effective April 1, 2023, it has engaged Brisco Capital Partners Corp. to provide marketing and investor relations services to assist LithiumBank with expanding investor awareness of its business and actively communicating with the investment community. In consideration for the Services [...]
LithiumBank Resources Corp. is pleased to announce it has engaged Matrix Solutions Inc. to complete a lithium brine resource and reservoir assessment of the Duperow Formation underlying the Company's 100% owned South and Estevan projects in its Saskatchewan district. The work is expected to lay the framework for NI 43-101 resource estimates at both properties and guide future exploration work. Matrix began compiling data [...]
LithiumBank Resources Corp. is pleased to announce the completion of the hydrogeological study at its 100% owned Park Place Lithium Brine Project located 180 km west of Edmonton, Alberta, and 50 km south of the Company's other flagship brine project in the Boardwalk district. The hydrogeological study was completed by Matrix Solutions Inc. and is expected to be incorporated into an upcoming NI 43-101 Resource Estimate [...]
LithiumBank Resources Corp. is pleased to provide a project update and detail the current development strategy for LithiumBank's Kindersley Lithium Project located near Kindersley, Saskatchewan, Canada that makes up part of its Saskatchewan district portfolio of 100% Crown land. The Company's initial focus for LKLP was to target areas within the Duperow Formation reservoir that had the following characteristics: Lithium [...]
LithiumBank Resources Corp. is pleased to provide a corporate update and outline key milestones for 2023. In 2022, LithiumBank successfully completed its 3-year acquisition and exploration campaign that was focused on: Reservoirs that contain commercially viable lithium brine concentrations in Alberta & Saskatchewan; Geological formations that can support large scale brine extraction and subsequent reinjection [...]
LithiumBank Resources Corp. is pleased to announce the appointment of Mr. Paul Matysek as the Company's Executive Chairman. Mr. Matysek's unique qualifications, experience and unprecedented string of successful transactions in the mining sector will create value for the Company as it now transitions from an exploration to development company of district scale direct brine lithium projects in North America. LithiumBank [...]
LithiumBank Resources Corp. is pleased to announce assay results from samples taken at the Company's 100% owned Park Place Lithium Brine Project located 180 km west of Edmonton, Alberta. Three brine samples were collected from a 72-meter-thick interval at the top of the Leduc Formation in well 100/12-03-059-23W5/00 and returned grades ranging between 71.2 - 82.0 mg/L lithium with an overall average of 77.2 mg/L lithium [...]
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