Galaxy is pleased to announce it has raised A$2.25 million via a Share Purchase Plan, which was launched in conjunction with a A$30 million Placement to support the Company's recommended merger with Lithium One. Galaxy said it received applications for a total of 2.92 million ordinary shares from existing eligible shareholders, and that the SPP was [...]
Galaxy Resources is pleased to announce that geochemical analysis from channel samples taken at its 20% owned James Bay Pegmatite Project in Quebec has revealed high lithium oxide grades (Li2O) with low impurity levels. The highest grade was 1.77% Li2O from CS-8.32, significantly higher than the current NI 43-101 compliant resource average of 1.28 [...]
Galaxy is pleased to announce that in respect of its proposed merger with Lithium One and following the announcement of Galaxy's capital raising, Lithium One's Board of Directors has maintained its recommendation to the holders of Lithium One securities that they vote in favour of the Proposed Merger. Lithium One has received an updated opinion [...]
Lithium One is pleased to announce that, further to its press releases dated March 30, 2012 and April 12, 2012, following the completion of the Galaxy Resources Financing and the adjustment to the exchange ratio, the Lithium One Board of Directors has maintained its recommendation that the holders of Lithium One securities vote in favour of the [...]
Lithium One is pleased to announce that, further to its press release dated March 30, 2012 and in connection with the definitive arrangement agreement dated March 29 between Lithium One and Galaxy Resources discussed therein, Galaxy has announced today that it has successfully raised A$30 million before costs via a placement of Galaxy's ordinary [...]
Galaxy Resources announced on 30 March 2012, that it had entered into an agreement to effect a merger of Galaxy and Canadian lithium and potash exploration and development company Lithium One. The Company provides the opportunity to listen to a Boardroom Radio audio interview and broadcast of Galaxy's Managing Director, Iggy Tan on the proposed [...]
Galaxy Resources Limited are pleased to provide a presentation on the Galaxy and Lithium One merger. To view the presentation, please refer to the following link below: Galaxy Resources is an Australian-based integrated lithium mining, chemicals and battery company listed on the Australian Securities Exchange and is a S&P/ASX 300 Index Company [...]
Galaxy is pleased to announce it has entered into an agreement to effect a merger of Galaxy and Canadian lithium and potash exploration and development company Lithium One. Lithium One owns the highly prospective Sal de Vida lithium and potash brine project in Argentina, for which a preliminary economic assessment completed in October 2011 [...]
Lithium One is pleased to announce that Lithium One and Galaxy Resources of Australia have entered into a definitive arrangement agreement pursuant to which a wholly owned subsidiary of Galaxy will acquire by way of a court-approved plan of arrangement all of the outstanding securities of Lithium One. Holders of common shares of Lithium One will be [...]
Lithium One is pleased to announce the completion of the short-term pumping test program at the Sal de Vida lithium-potash brine project in Argentina. The program successfully identified multiple regions within the project area that are suitable for future high-yield production well fields. Lithium One CEO and Founding Director, Paul Matysek [...]
Lithium One, is pleased to announce that it has closed a non-brokered private placement of 9,318,810 common shares at a price of C$1.05 per Common Share for gross proceeds of C$9,784,750. In addition, the Company paid finder's fees of 227,429 Common Shares to parties that referred subscribers to the Company. With the closing of the Private [...]
Lithium One is pleased to report an upgraded lithium and potassium resource statement for its Sal de Vida brine project at Salar del Hombre Muerto, in Salta and Catamarca provinces of Argentina. The NI 43-101 resource statement, detailed in Table 1 below, includes 4,053,000 tonnes of lithium carbonate equivalent and 16,071,000 tonnes of potash [...]
