American Salars Lithium Inc. is pleased to announce that its previously announced non-brokered private placement of up to CAD $175,000 at $0.105 per unit consisting of up to 1,666,666 units is now fully subscribed. Each unit is comprised of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share for a period of twenty-four months at a price of $0.14 [...]
American Salars Lithium Inc. announces it has arranged a non-brokered private placement to raise gross proceeds of up to CAD $175,000. The private placement will consist of up to 1,666,667 units at a price of $0.105 per unit. Each unit will be comprised of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share for a period of twenty-four months at a [...]
American Salars Lithium Inc. is pleased to provide a corporate update for its portfolio of lithium brine and hard-rock exploration assets in Argentina, Brazil, Quebec, and the United States. The Company continues to advance its strategy of building a diversified pipeline of lithium projects positioned within some of the world's most active and prospective battery-metals jurisdictions. Jaguaribe Hard Rock Pegmatite Project [...]
American Salars Lithium has announced a consolidation of its issued and outstanding common shares on the basis of one post-consolidated common share for every ten pre-consolidated common shares. As a result, the number of outstanding shares will be reduced to approximately 3,613,060 common shares. The name and symbol will not change. Please note that all open orders will be canceled at the close of business on October 23 [...]
American Salars Lithium announces today it will be seeking the CSE approval to consolidate all of its issued and outstanding common shares on the basis of 10:1, with each ten pre-consolidated Common Shares being consolidated into one post-consolidated Common Share. In accordance with the Company's articles, shareholder approval will not be required for the Share Consolidation. The Share Consolidation has been approved by [...]
American Salars Lithium announces that pursuant the to a share purchase agreement dated for reference Feb 17, 2025, announced February 18, 2025, it has completed the acquisition of 100% of the issued and outstanding common shares of 1447377 BC Ltd., a private BC company that owns a 100% interest in the Hardrock LCT Pegmatite Property. The Property consists of 10 mineral claims covering 18,083 ha. In accordance with the [...]
American Salars Lithium announces that it has terminated its agreement with Vanguard Mining formerly Recharge Resources Corp to acquire the 800-hectare Pocitos 1 claim that it announced on June 17, 2024. The Company has decided not to proceed with the acquisition due to significant costs to settle local liabilities as part of the acquisition agreement. The Company is still evaluating numerous opportunities in Argentina [...]
American Salars Lithium is pleased to announce the results of an initial geological reconnaissance program at its Jaguaribe Project, located in Ceará State, Brazil. During a one-day field visit, 14 previously unrecorded pegmatites were identified within the Valter 180 Project area. Despite surface depletion common to the region's weathering, the discovery highlights Jaguaribe's strong potential, consistent with [...]
American Salars Lithium announces that it has now completed a second sampling program on its 18,083 ha Hardrock LCT Pegmatite Project including Rare Earth Elements and Critical Minerals. The Jaguaribe Project is located in the Jaguaribe/Solonópole region in the State of Ceará, in Northern Brazil and hosts multiple extensive Lithium and REE bearing pegmatite dykes that have returned initial Phase 1 sample discoveries of up [...]
American Salars Lithium Inc. announces the addition of Dr. Mark King PhD, PGeo, FGC, a world-renowned lithium brine expert, as a Technical Advisor and Qualified Person. Dr. King is a hydrogeologist with 30+ years of international experience in groundwater modeling and geochemistry. For the past 15 years, he has specialized in exploration and evaluation of lithium brine projects. His strong chemistry and numerical modeling [...]
American Salars Lithium Inc. announces that it has commenced a Phase 2 sampling program on its 100% owned, highly prospective 18,083 Hectares Hardrock LCT Pegmatite Project including Rare Earth Elements and Critical Minerals . The Jaguaribe Project is located in the Jaguaribe/Solonópole region in the State of Ceará, in Northern Brazil and hosts multiple extensive Lithium and REE bearing pegmatite dykes that [...]
American Salars Lithium Inc. announces it has signed a Letter of Intent with an arms length Vendor to acquire a 100% interest in the Cauchari Minas Ines 01 Lithium Salar Project , located on the south end of the Cauchari Salt Lake, Department Los Andes in the Province of Salta, Argentina. The Cauchari Ines 01 claims cover an area of approximately 1,235 hectares, and contain concentrations of lithium, sampled up to 383 ppm [...]