High-Grade Maiden Lithium Resource Exceeds Expectations

Highlights:

  • Maiden Inferred mineral resource for Pata Pila and Rana de Sal of 1.08Mt of contained lithium carbonate equivalent (LCE) @ 946mg/l Li (no cut off) at the HMW project.
  • Resource estimate significantly exceeds Galan’s expectations of grade, impurities and size
  • Galan’s total combined mineral resource increased by 158% from 685kt LCE @ 672mg/l Li to 1.77Mt LCE @ 837mg/l Li
  • Potential for further resource estimates from Portofino option concessions to be assessed
  • Exploration upside exists for the remaining HMW concessions
  • Results strongly complement the Candelas Scoping and Pre-Feasibility Study with project synergies now being reviewed and upgraded
  • The Galan projects represent one of the highest grade/lowest impurity resources within Argentina

Galan Lithium Limited (ASX:GLN) (Galan or the Company) is very pleased to announce the maiden JORC (2012) reported Mineral Resource estimate for the Hombre Muerto West lithium brine project located in Catamarca province, Argentina. The resource estimate was completed by the Company’s consultants SRK Consulting (Australasia) and was conducted by their Australian based team.

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High-Grade Maiden lithium resource exceeds expectations 1.08Mt LCE @ 946mg/L Li from Hombre Muerto West lithium brine project

Asterion Cannabis to Participate in the 32nd Annual ROTH Conference

Asterion Cannabis Inc. (“Asterion” or the “Company”), is pleased to announce that it will participate in the 32nd Annual ROTH Conference taking place in Orange County, California, USA, from March 15th – 17th, 2020. Asterion’s Chairman and CEO Stephen Van Deventer will be presenting, as a private company, on March 16th. Stephen will also be conducting one-on-one meetings with investors at the conference.

ROTH Conference, hosted by ROTH Capital Partners, is one of the premier small and mid-cap investor conferences in the U.S. The event gathers close to 550 participating companies and over 5,100 attendees. It will feature presentations from public and private companies in a variety of sectors, from cleantech to metals and mining to health and wellness, including healthcare. For additional details about the conference, please visit www.roth.com/occonference.

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Asterion Cannabis Inc. is pleased to announce that it will participate in the 32nd Annual ROTH Conference taking place in Orange County, California.

Nardoo Well Exploration Update

eMetals Limited (ACN 142 411 390) (ASX:EMT) (eMetals or Company) has completed a comprehensive project review of historical exploration activities on the Nardoo Well tenement, compiling historical WAMEX reports into a GIS database, and engaging independent geological consultants Gneiss Results (Gneiss) to undertake a field mapping, prospecting and structural study aimed at confirming the mineralization.

eMetals Director, Mathew Walker commented, “The Company is pleased to progress the work program on its Nardoo Well Project, with assay results expected later this month. Despite challenging market conditions, the Company is in a strong position to advance its project portfolio of exciting exploration projects.”

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eMetals Limited has completed a comprehensive project review of historical exploration activities on the Nardoo Well tenement.

Lake Eyes Upsizing Spp Following Strong Investor Demand

Highlights:

  • Share Purchase Plan (SPP) oversubscribed following strong investor demand, with Lake considering upsizing the offer to accommodate shareholders. SPP remains open until Friday, 28 February 2020.
  • Private placement completed, securing further $1.9 million before costs in boost for development of direct extraction technology backed by Bill Gates-led fund.

Lithium explorer and developer Lake Resources NL (ASX:LKE) announced today a further boost for its growth plans, following strong investor support that will facilitate the development of sustainable and scalable direct extraction technology at its flagship Kachi Lithium Brine Project.

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Placement completed in boost for technology backed by Bill Gates-Led fund

Lake Resources Announces $2 Million Placement Completed

Highlights:

  • Lake has commitments for a private placement of $2 million at $0.04 per share.
  • Lake launches a Share Purchase Plan (SPP) to eligible shareholders to raise up to $1.5 million at $0.04 per share, the same price as the placement.
  • Funds raised will be primarily used to fast track delivery of larger samples from the Kachi project pilot plant to offtakers and to close out the convertible securities facility.
  • Updates will be provided over the coming weeks as the first larger samples are produced, together with advances in the pilot plant.

Placement

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Lithium explorer and developer Lake Resources NL (ASX:LKE) welcomed the support of investors receiving commitments to raise $2 million.

Magnis Energy Technologies Limited Major Battery Advancements

Magnis Energy Technologies Limited (“Magnis”, or the “Company”) (ASX:MNS) is pleased to announce that Magnis partner, US lithium-ion battery technology group, Charge CCCV (“C4V”), has recently fulfilled another commercial agreement with MARTAC to be deployed in its high- tech, mission critical applications along with new lithium-ion cell data. Magnis owns 10% of C4V, and between the two groups own over 90% of iM3NY.

Highlights:

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Magnis is pleased to announce that partner, Charge CCCV (“C4V”), has recently fulfilled another commercial agreement with MARTAC.

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