Canada Lithium announced today it has filed, and received a receipt for, a preliminary short-form prospectus in connection with an offering of common shares in the capital of the Company to raise gross proceeds of up to C$30 million. Canada Lithium intends to use the net proceeds of the Offering to fund approximately $25 million of the final [...]
Canada Lithium announced today it has finalized and signed an aggregate of C$92 million of financing facilities for the construction and development of Canada Lithium's Québec Lithium open pit mine and process plant near Val d'Or, Québec. As announced in the press release of February 13, 2012, the financing facilities comprise a C$75-million [...]
Canada Lithium is pleased to announce the appointment of Stéphane Bertrand, a former Chief of Staff to the Premier and Cabinet of Québec. 'It is my pleasure to welcome Mr. Bertrand to our Board of Directors,' said Canada Lithium President and CEO Peter Secker. 'His extensive experience at senior levels in both the public and private sectors will [...]
Canada Lithium is pleased to announce that The Bank of Nova Scotia and Caterpillar Financial Services have given credit-approved commitments to Canada Lithium Corp. to provide a C$75-million, five-year debt facility to finance Canada Lithium's Québec Lithium open pit mine and process plant near Val d'Or, Québec. The debt facility will be supported [...]
Canada Lithium announced today it has filed a Technical Report compliant with National Instrument 43-101 in respect of the updated Mineral Resource estimate reported by press release December 6, 2011. The report, prepared by AMC Mining Consultants, will be posted on SEDAR and will also be available on the Company's website.
Canada Lithium announced today an updated National Instrument 43-101 compliant Mineral Resource estimate for the Québec Lithium Project that indicates Total Measured and Indicated Mineral Resources have increased to 33.2 million tonnes grading 1.19% lithium oxide. The updated Mineral Resource estimate prepared by AMC Mining Consultants incorporates [...]
Canada Lithium announced today that construction at its Quebec Lithium Project has advanced to the point that the structural steel of the process plant is now being erected. The Company has also appointed a senior marketing professional whose role is to market the Company's primary product, battery-grade lithium carbonate, the first production of [...]