Canada Lithium announced today that it continues to work actively with the Canadian Standards Association (CSA) with a view to the completion of the CSA's inspection of the process plant kiln. Following a conference call yesterday with CSA representatives, the Company continues to provide technical information and documentation, and now anticipates [...]
Canada Lithium announced today that wet commissioning and initial tests of most of the major hydrometallurgical plant circuits have been completed successfully at its operations near Val d'Or. Plant Commissioning Update: Commissioning of the plant's "front end," which includes the crushing, grinding and flotation circuits, is ongoing. During [...]
Canada Lithium announced today that assay evaluation of the recent water discharge from the process-water cell in its Tailings Management Facility (TMF) has confirmed that all assays and tests on the discharge water indicate metal levels were within acceptable levels of discharge into the environment. The Company also reported that discharge-water [...]
Canada Lithium is pleased to announce that it has closed its previously announced public offering for aggregate gross proceeds of approximately $15 million. A total of 20,547,944 units were issued at a price of $0.73 per Unit. The Offering was led by Casimir Capital Ltd., with a syndicate that included Mackie Research Capital Corporation, Dundee [...]
Canada Lithium announced today that, on March 18, 2013, the Company became aware of a clear water discharge from a storage cell within the tailings storage facility that held decanted water being used for the process plant commissioning at its Québec Lithium Project near Val d'Or. At no time were any tailings released into the environment and the [...]
Canada Lithium announced today that the Company and the syndicate of underwriters led by Casimir Capital Ltd. have agreed to amend and revise the terms of its previously announced public offering. Under the revised terms, the revised terms, the Underwriters have agreed to purchase, on a bought deal basis,
Canada Lithium announced today that it has entered into an agreement with a syndicate of underwriters led by Casimir Capital Ltd., and including Mackie Research Capital, Scotia Bank, Dundee Securities and Fraser Mackenzie, to purchase, on a bought-deal basis, 27,397,260 common shares of Canada Lithium at a price of $0.73 per common share for [...]
Canada Lithium announced today several executive and Board appointments as it completes the transition of its Québec Lithium mine and process plant near Val d'Or, Québec, from the construction and commissioning phase to producer status.The appointments are as follows:Peter Secker will assume a key strategic role as the Company's new [...]
Canada Lithium announced today that the Company has been selected to receive a grant of up to $6.5 million from the Government of Canada through Sustainable Development Technology Canada (SDTC).The grant was awarded to Canada Lithium to construct a pilot plant to test the viability of refining lithium metal from the Company's lithium [...]
Canada Lithium announced today that commissioning of the mineral processing sections of the process plant continues as scheduled with spodumene production being achieved on a regular basis and final electrical work and software programming being undertaken on the lithium carbonate circuits.There will be a number of site visits by our off-take [...]
Canada Lithium announced today it has signed a three-year Distributorship Agreement with Marubeni Corporation, one of Japan's largest commodities trading companies. The Agreement provides for Marubeni to exclusively distribute Canada Lithium's battery-grade lithium carbonate in Japan for an initial three-year period beginning in 2013, with [...]
Canada Lithium announced today that commissioning has commenced at its open-pit mine and processing facility near Val d'Or, Québec. During the month of November approximately 12,000 tonnes of ore and 380,000 tonnes of waste were mined. The waste material is predominantly used to construct the Tailings Management Facility. The ore has been crushed [...]