Nortec Minerals Corp. (CVE:NVT) reports assay results from the recently completed exploration drill programme on the Marttalanniemi prospect, Seinajoki gold project, Finland. The Company has an option to earn a 100% interest in the Seinajoki Project from Akkerman Exploration B.V. (“AEbv”), a private company based in the Netherlands. For complete news release, click here. For Nortec [...]
Salares Lithium Inc. (CVE:LIT) reports closing of its previously announced CAD$40 million brokered private placement. The Private Placement of subscription receipts of Salares (“Subscription Receipts”) consists of a total of 32,128,515 Subscription Receipts being issued at CAD$1.245 per Subscription Receipt for total gross proceeds of $40,000,001.18. For complete news release, click here. For Salares’ company profile, click [...]
Salares Lithium (CVE:LIT) and Talison Lithium report the completion of due diligence and execution of a definitive arrangement agreement for the merger of their respective lithium assets. The execution of the Agreement clears the way for Salares shareholders to vote on and approve the merger at a special meeting of shareholders to be held on September 16, 2010. For complete [...]
Stockhouse.ca reports Rodinia Lithium Inc. (CVE:RM) mentioned in the Resource Stock of the week by Ubika Research. Rodinia Lithium Inc. is a Toronto-based exploration and development company listed on the TSX Venture Exchange primarily focused on lithium brine projects in North and South America. Its primary asset is the wholly owned Clayton Valley lithium brine project [...]
Driving strong demand for lithium battery adoption, a resent report has been published that suggests hybrid and electric cars may grab as much as 10 percent of the European automobile market by 2020.
It was a busy week for lithium investors as 2 of the largest lithium producers in the world reported strong first quarter earnings.
Electrovaya Inc. (TSX:EFL), developer and manufacturer of proprietary Lithium Ion SuperPolymer® battery systems, reported its participation in four upcoming investment conferences during the month of May.
Positive news for New World Resource Corp. (TSX-V:NW) as the Pastos Grandes Lithium project is considered to be located outside of Bolivia’s strategic fiscal lithium reserve.
On a date in the calendar that normally experiences an increase in green consumption, everyone from leprechauns to lithium investors appear to be eager to participate. Perhaps riding on the theme of “the luck ‘o the Irish,” the Federal Reserve made a further commitment to keep rates low for the foreseeable future.
The catastrophic news of a large earthquake in central and south Chile on the morning of February 27, did not have any demonstrative impact on the lithium industry. The week has actually resulted in a number of positive developments for both lithium consumers and producers.
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