Neo Lithium Corp.

Drilling confirms newly discovered deep aquifer at its wholly owned 3Q Project, opening a new significant frontier of exploration at the 3Q Project New drill hole intercepted 512m with average 638mg/L Lithium, including 38.5m with 730mg/L Lithium of the newly discovered deep aquifer TORONTO, March 05, 2018 -- Neo Lithium Corp. is pleased to provide [...]

Processing studies at the project have achieved concentration levels of 3.8% lithium brine solely through solar evaporation - no costly additives were required, plus calcium chloride precipitates through crystallization and in the process captures water molecules within the crystals - both of these represent important developments for the project [...]

Neo Lithium Corp. provides a recap of the main milestones achieved in 2017 that have rapidly advanced the 3Q Project: Over US$15M invested in the 3Q Project Completion of initial drilling and pumping season Calculation of a large high grade maiden resource with lowest combined magnesium and sulphate impurities of any known salar Strong net cash [...]

Neo Lithium Corp. The addition of a COO and expansion of the engineering team allows the Company to rapidly advance the 3Q Project's feasibility study work with a goal of becoming the next large lithium producer New deep drill hole in the northern target yielded 238 metres with an average grade of 784 mg/L Lithium, 7,544 mg/L Potassium and Mg/Li [...]

CAPEX reduction from US$588.7 million to US$490.2 million through the relocation of evaporation ponds Updated US$1.2 billion after-tax NPV at 8% discount rate Updated IRR of 27.9% Updated payback period of 1 year and 8 months Average production rate of 35,000 tonnes of lithium carbonate per year Results based on simple and proven solar evaporation [...]

Seismic reflection results indicate that the 3Q salar is approximately 600 metres deep and as a result, the drill program has been expanded at depth and in new untested areas First drill hole of 320 metres, from the 2017-2018 drilling season, resulted in an average grade of 642 mg/L Lithium Neo Lithium has approximately $65M in cash after the [...]

Neo Lithium Corp. is pleased to announce it has completed the "bought deal" private placement financing announced on October 31, 2017, as increased on November 1, 2017, through a syndicate of underwriters led by Cormark Securities Inc., and including Canaccord Genuity Corp., GMP Securities L.P., Sprott Capital Partners, a division of Sprott Private [...]

Not for distribution to United States newswire services or for dissemination in the United States Neo Lithium Corp. announces that it has increased its previously announced "bought-deal" financing to 13,859,600 common shares of the Company. A syndicate of underwriters led by Cormark Securities Inc. has agreed to purchase an additional 3,559,600 [...]

Not for distribution to United States newswire services or for dissemination in the United States Neo Lithium Corp. is pleased to announce that it has entered into an agreement with Cormark Securities Inc. who will lead a syndicate of underwriters , and has agreed to purchase, on a bought deal basis, 10,300,000 common shares of the Company at a [...]

Neo Lithium Corp. is pleased to confirm that the Company has elected to accelerate the expiry date of 11,175,910 outstanding warrants issued in its private placement of units completed on February 22, 2017. Each Warrant may be exercised to acquire one common share of Neo Lithium at an exercise price of $1.40 , for gross proceeds to Neo Lithium of [...]