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Lithium Corporation to Sell Properties to PATHION Inc.

Lithium Corporation (OTCQB:LTUM) has entered an asset purchase agreement to sell its interests in the BC Sugar flake graphite property and the San Emidio and Fish Lake Valley lithium – brine properties, to PATHION, Inc.. Also, the company announced that Tom Lewis will step down as president and Brian Goss, currently a director of Lithium Corporation, will become president, secretary, and treasurer of the company.

Bacanora Minerals Gives an Update on its Sonora Lithium Project

Bacanora Minerals Ltd. (TSXV:BCN,AIM:BCN) has received $1 million from joint venture partner Rare Earth Minerals PLC (LSE:REM) relating to REM's second stage option under the JV. The company also provided an update on its exploration activities at the Sonora Lithium Project in Mexico.

Pure Energy Starts Exploration Drilling, Announces Private Placement

Pure Energy Starts Exploration Drilling, Announces Private Placement

Pure Energy Minerals Ltd. (TSXV:PE) announced that it has started an exploration drilling program at its Nevada-based lithium brine project. The project is made up of two placer mineral claim blocks: the CV/DB property and AF property.

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INN Video: Peter Secker of Canada Lithium

Canada Lithium (TSX:CLQ) President and CEO, Peter Secker, spoke with the Investing News Network at PDAC in Toronto on the Quebec Lithium Project.

Market News

LG Chem to Challenge Tesla Electric Car Battery

The Wall Street Journal reported that leading battery maker LG Chem Ltd. (KRX:051910) is creating an electric car pack that "extends the range of most vehicles on the road today, but at a similar price."

Chris Berry on Tesla’s Q2 Earnings Report

Chris Berry, president of House Mountain Partners LLC and co-editor of the Disruptive Discoveries Journal, published an analysis of Tesla Motors Inc.'s (NASDAQ:TSLA) Q2 earnings report.

Simon Moores on the Tesla Motors-Panasonic Partnership

Panasonic Corp. (TSE:6752) and Tesla Motors Inc. (NASDAQ:TSLA) announced today in a joint statement that they have signed an agreement to cooperate on the construction of Tesla's much-discussed lithium-ion battery gigafactory.

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