Ares Strategic Mining Inc. today announced that, further to its news releases of April 3, 2019, October 11, 2019, January 29, 2020 and February 10, 2020, it completed the acquisition of 100% of the Lost Sheep Fluorspar Mine from American Strategic Minerals Inc. The acquisition was structured as a three-cornered amalgamation pursuant to a definitive [...]
Ares Strategic Mining Inc. announces that it has successfully completed its previously announced public offering of 22,175,987 shares and 11,087,993 warrants of Ares, at a price of $0.08 per unit. Each Warrant exercisable for a two-year period from the date of closing at an exercise price of $0.15. In addition to Sprott Capital Partners LP, several [...]
Lithium Energy Products Inc. today announced that, further to its news releases of April 3, 2019, October 11, 2019 and January 29, 2020, it has received conditional approval from the TSX Venture Exchange for the proposed transaction with American Strategic Minerals Inc. to acquire 100% of the Lost Sheep Fluorspar Mine. The transaction is structured [...]
Lithium Energy Products Inc. today announced that, further to its news releases of April 3, 2019 and October 11, 2019, LEP has entered into an amending agreement to the definitive amalgamation agreement dated April 1, 2019, as amended , with American Strategic Minerals Inc., a private British Columbia company which holds the prospective Lost Sheep [...]
Lithium Energy Products Inc. announces that it has successfully arranged a bridge financing, representing the funds required to satisfy the closing conditions for the reverse takeover transaction with American Strategic Minerals Inc. which was announced on April 3, 2019. The bridge financing consists of the issuance of 2,500,000 common shares of [...]
Lithium Energy Products Inc. would like to announce the appointment of a new Director and the appointment of a new auditor. Change of Management The Company announces James Walker will be appointed as a director of the Company. Mr. Walker has over 13 years of engineering and project management experience within several industries including [...]
Lithium Energy Products Inc. today announced that as a result of its intention to ramp up its Lost Sheep fluorspar mine in Utah, it has engaged Sprott Capital Partners LP, on a best efforts basis, as the exclusive placement agent to the Company, for a private placement of up to 43,750,000 units at a price of $0.08 per Unit for gross proceeds of up [...]
Lithium Energy Products Inc. today announced the signing of an MOU between Possehl Erzkontor North America Inc. and the Company. Under the MOU, the two firms will negotiate binding definitive agreements for the following: Possehl will become LEP's exclusive agent for the sale and worldwide distribution of Flurospar produced at the Company's Lost [...]
Lithium Energy Products Inc. today announced that, following recent progress in financing the project, LEP and American Strategic Minerals Inc. have agreed to extend the Definitive Amalgamation Agreement, as originally dated April 1, 2019. LEP will honour its commitment to acquire all of the shares of ASM by way of a three-cornered amalgamation [...]
Lithium Energy Products Inc. is pleased to announce that, further to its news release of January 21, 2019, it has entered into a definitive amalgamation agreement dated effective April 1, 2019 with American Strategic Minerals Inc. , an arm's length British Columbia-based company engaged in an active fluorspar mining operation in Utah, pursuant to [...]
Vancouver, British Columbia / TheNewswire / 1st February 2019. Lithium Energy Products Inc. is pleased to announce that on 17th January, 2019 it entered into a Binding Letter of Intention with American Strategic Minerals to acquire 100% of its assets, including the Lost Sheep mine , based in Utah. The arm's length acquisition will include 51 claims [...]
Vancouver, British Columbia / TheNewswire / 21st January 2019 - LITHIUM ENERGY PRODUCTS INC. is pleased to announce that it has entered into a Binding Letter of Intention with American Strategic Minerals to acquire 100% of its assets, including the Lost Sheep mine , based in Utah. Under the terms of the agreement, the Company will move towards a [...]
