Preissac

New Lithium Soil Anomalies Detected at Preissac

Retrieved on: 
Thursday, April 11, 2024
Lithium, FE, Narwhal, Heart, Molybdenum, CLM, Preissac, Anomaly, Soil, Government of Quebec, Government, Rare-earth element

Three single sample anomalies (4-6) are located in the southern half of the property within the area sampled during the 2022 soil sampling program.

Key Points: 
  • Three single sample anomalies (4-6) are located in the southern half of the property within the area sampled during the 2022 soil sampling program.
  • All three anomalies are within the Vallée Lithium Trend, along the strike of three known, lithium-bearing pegmatite swarms.
  • Lithium soil concentrations in the Athona Anomaly range from 165 ppm Li to 348 ppm Li.
  • The Company intends to follow-up the lithium soil anomalies at Athona, Narwhal and Key West this summer with a multi-phased exploration program.

Consolidated Lithium Metals Closes Final Tranche of Flow-Through Private Placement Financing

Retrieved on: 
Thursday, August 10, 2023
Lithium, Z36, CLM, TSX Venture Exchange, Preissac, Jules Baillarger, Offering, Mining, Security (finance)

TORONTO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“CLM” or the “Company“) is pleased to announce that it has closed its third and final tranche of a previously announced non-brokered private placement financing of common shares of the Company issued on a flow-through basis (each, a “Flow-Through Share”) at a price of $0.08 per Flow-Through Share (the “Offering”) for proceeds of $1,000,000 (the “Final Tranche”). In total, an aggregate of 21,250,000 Flow-Through Shares were issued by the Company pursuant to the Offering for proceeds of $1.7 million. For more information about the Offering and the first tranche and second tranche closings (the “Prior Tranches”), please see the Company’s press releases dated May 24, 2023, June 12, 2023, and June 26, 2023, and July 20, 2023, which are available under the Company’s SEDAR profile at www.sedar.com.

Key Points: 
  • TORONTO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“CLM” or the “Company“) is pleased to announce that it has closed its third and final tranche of a previously announced non-brokered private placement financing of common shares of the Company issued on a flow-through basis (each, a “Flow-Through Share”) at a price of $0.08 per Flow-Through Share (the “Offering”) for proceeds of $1,000,000 (the “Final Tranche”).
  • In total, an aggregate of 21,250,000 Flow-Through Shares were issued by the Company pursuant to the Offering for proceeds of $1.7 million.
  • Completion of the Offering (including the Prior Tranches) is subject to receipt of final approval of the TSX Venture Exchange (“TSXV”).
  • The Company intends to use the proceeds of the Offering to fund exploration expenses on its Baillarge lithium mining property.

Jourdan Acquires Key Claims Near Vallée and Preissac

Retrieved on: 
Tuesday, June 27, 2023
Lithium, Agreement, TSX Venture Exchange, Preissac, NAL, FRA, JOR, First, Government of Quebec, Acquisition, National instrument, JORF, Mining, National Instrument 43-101, Rare-earth element, Cryptocurrency

The six mineral claims comprising the First Acquisition total 81.29 hectares and were acquired to fill a gap in claim ownership within the Company’s current East Vallée property.

Key Points: 
  • The six mineral claims comprising the First Acquisition total 81.29 hectares and were acquired to fill a gap in claim ownership within the Company’s current East Vallée property.
  • The Company intends to add the newly acquired claims to its 2023 summer East Vallée exploration program.
  • Despite the location of the claims along the Vallée Lithium Trend, there is only one known drill hole on the acquired claims.
  • I am thrilled that we were able to secure additional claims covering the key strategic sections of the prolific Vallée Lithium Trend.

Jourdan Resources & Sayona Mining Enter into Earn-in Arrangement for Vallée Lithium Project

Retrieved on: 
Monday, November 14, 2022
Lithium, Amos, Aurora, TSX Venture Exchange, Private placement, National Instrument 43-101, Geology, Abitibi greenstone belt, Partnership, McCarthy, DLA, Government, Mining, Preissac, TSX, JOR, Agreement, DLA Piper, Private, Capital market, JORF, The Aurora Group, NAL, RB, SYA, LLP, ASX, Heart, Indian stock exchange, National instrument, Jules Baillarger, Management, Uranium, Malartic

TORONTO, Nov. 14, 2022 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF; FRA:2JR1) (“Jourdan”, “Jourdan Resources”, or the “Company“) is pleased to announce that it has signed an earn-in agreement and joint venture agreement (the “Agreement”) with Sayona Mining Limited’s (ASX: SYA; OTCQB: SYAXF) (“Sayona”) subsidiary, North American Lithium Inc., in relation to the Company’s Vallée lithium project. The Company is also pleased to announce that Sayona’s subsidiary, Sayona Québec Inc., has entered into an agreement with the Company to acquire 27,000,000 common shares of the Company (the “Common Shares”), representing approximately 9.9865% of the issued and outstanding Common Shares (on a post-closing basis), at a price of $0.0556 per Common Share for gross proceeds of $1,501,200 (the “Private Placement”). The Private Placement is expected to close within two (2) business days. Upon closing of the Private Placement, Sayona will have the right to nominate one director to the Company’s board of directors. All securities issued in connection with the Private Placement will be subject to a statutory hold period of four-months and one day. Completion of the Private Placement is subject to a number of conditions, including without limitation, receipt of TSX Venture Exchange approval. No finder’s fees will be paid in connection with the Private Placement. The Company intends to use the net proceeds of the Private Placement for working capital and general corporate purposes.

Key Points: 
  • Earn-in agreement over Jourdan Resources Valle lithium project allows Jourdan to further expand its exploration towards a potential resource and future mine.
  • Through earn-in and joint venture arrangement, Jourdan & Sayona will work in tandem to advance the Valle lithium project as well as the region itself, including an extensive drill & exploration program for the Valle lithium project.
  • Jourdan intends on swiftly expanding exploration throughout its three projects, the Valle lithium project, Baillarge lithium-moly, and Preissac La Corne ithium.
  • TORONTO, Nov. 14, 2022 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF; FRA:2JR1) (Jourdan, Jourdan Resources, or the Company) is pleased to announce that it has signed an earn-in agreement and joint venture agreement (the Agreement) with Sayona Mining Limiteds (ASX: SYA; OTCQB: SYAXF) (Sayona) subsidiary, North American Lithium Inc., in relation to the Companys Valle lithium project.

Globex Expands Quebec Lithium Royalty Interest

Retrieved on: 
Monday, March 21, 2022
Lithium, Map, Sale, Toronto Stock Exchange, GMX, Geo, NTS, CEO, JORC, Element, FirstEnergy, GMR, GLOBE, NI, Tradegate Exchange, Chicago Mercantile Exchange, Preissac

Globex retains a 1% GMR on these 18 claims.

Key Points: 
  • Globex retains a 1% GMR on these 18 claims.
  • Through this transaction, Globex was able to retain a 0.5% GMR on all 417 claims as well.
  • Globex retains a 3% GMR on these 66 claims which include occurrences of lithium both in surface showings and in drill holes.
  • Globex is happy with its expanded Quebec holding in the lithium space.