TORONTO, April 17, 2018 /CNW/ - Namibian lithium producer Desert Lion Energy Inc. is pleased to announce the Company has completed Phase 1 and Phase 2 of a three-phase drilling program ahead of the anticipated release of a Mineral Resource estimate expected to be delineated and published in late Q2 2018. Phase 1 and Phase 2 included 19,500 metres [...]
TORONTO, March 15, 2018 /CNW/ - Namibian lithium developer and lithium concentrate producer Desert Lion Energy Inc. is pleased to announce that the Company has completed its previously announced shares for debt settlement with certain creditors after being granted approval of the TSX Venture Exchange. Pursuant to the Shares for Debt Settlement, the [...]
TORONTO, March 13, 2018 /CNW/ - Namibian lithium developer and lithium concentrate producer Desert Lion Energy Inc. is pleased to announce that it has entered definitive Transfer Agreements for the acquisition of Exclusive Prospecting License 5555 and 5718 , both located adjacent to its existing Exclusive Prospecting Licenses 5439, where the [...]
Highlights: Offtake agreement, as amended, signed with Chinese lepidolite converter for purchase and sale of Phase 1 lithium concentrate production from stockpiled material Prepayment of US$4.5 million received against delivery of Phase 1 lithium concentrate Management estimates that there are approximately 700,000 - 750,000 tonnes of stockpiled [...]
TORONTO, Feb. 26, 2018 /CNW/ - Namibian lithium developer and lithium concentrate producer Desert Lion Energy Inc. is pleased to announce that the common shares of the Company will commence trading on the TSX Venture Exchange at the opening of market today, Monday, February 26, 2018, under the trading symbol "DLI". [...]
Desert Lion Energy is pleased to announce that it has completed its previously announced business combination with Desert Lion Energy Corp., a private Ontario corporation, which holds a 301km2 prospective land package in Namibia with known lithium bearing pegmatitic mineralization, and is currently in Phase 1 of its production plan, processing [...]
Desert Lion Energy Corp. is pleased to announce the Company has successfully closed the acquisition of the Helikon Lithium Project . The Project is located within Desert Lion's existing 301km2 Exclusive Prospective License , which is situated 30km southeast of Karibib, Namibia . A 100% interest in the Project was acquired from a private local group [...]
Not for Distribution to U.S. Newswire Services or for Dissemination in the United States Desert Lion Energy Corp. today announces that it has completed the final tranche of a private placement of subscription receipts of the Company to raise gross proceeds of approximately $1.5 million, consisting of the second tranche of the brokered offering led [...]
Desert Lion Energy Corp. today announced that it has completed a non-brokered private placement of subscription receipts of the Company to raise gross proceeds of $2,737,999 . The Offering was completed in connection with the business combination previously announced by Desert Lion and Camex Energy Corp. on October 16, 2017, pursuant to which [...]
Desert Lion Energy is pleased to announce that it has completed a brokered private placement of subscription receipts of the Company led by Haywood Securities Inc., on behalf of a syndicate of agents including Eight Capital to raise gross proceeds of $5,597,242 . A non-brokered offering of Subscription Receipts is currently ongoing and is expected [...]
In the news release, "Desert Lion Energy Announces Production of First Lithium Concentrate," issued earlier today by Desert Lion Energy Corp., we are advised by the company that the last sentence of the About section should read "Desert Lion Energy Corp. expects to be listed on the Toronto Stock Exchange in early 2018." rather than "early 2019" as [...]
Desert Lion Energy Corp. today announced that the Company has begun production of lithium concentrate, on time and inline with management's Phase I production plan. The concentrate was produced from stockpiled material at the Company's lithium project in Namibia, which is located approximately 30 kilometres southeast of Karibib and 210km southeast [...]