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Lithium Chile And Summit Nanotech Announce Signing of Definitive Agreement for Their Joint Pilot Project in Chile


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Lithium Chile And Summit Nanotech Announce Signing of Definitive Agreement for Their Joint Pilot Project in Chile
 
CALGARY, ALBERTA – TheNewswire - March 8, 2021 – Lithium Chile Inc. (“Lithium Chile” or the “Company”) (TSXV: LITH) (OTC:LTMC) is pleased to announce the completion of a definitive agreement with Summit Nanotech Corporation (“Summit Nanotech”) that will launch Summit Nanotech’s proprietary lithium extraction technology at one of Lithium Chile’s exploration wellsites. The original LOI was entered into in June of 2020 (see press release June 16, 2020) whereby Lithium Chile and Summit Nanotech would collaboratively demonstrate the viability of the novel process for sustainable extraction of lithium. ....

United States , Amanda Hall , Steven Cochrane , Steve Cochrane , Terry Walker , Terence Walker , National Instrument , Summit Nanotech Corporation , Lithium Chile Inc , Advisors Of The Company Options , Venture Exchange , Lithium Chile , Summit Nanotech , Private Placement , ஒன்றுபட்டது மாநிலங்களில் , அமண்டா மண்டபம் , ஸ்டீவன் கோக்ரேன் , ஸ்டீவ் கோக்ரேன் , டெர்ரி வாக்கர் , டெரன்ஸ் வாக்கர் , தேசிய கருவி , உச்சிமாநாடு நானோடெக் நிறுவனம் , லித்தியம் சிலி இன்க் , துணிகர பரிமாற்றம் , லித்தியம் சிலி , உச்சிமாநாடு நானோடெக் ,

Lithium Chile Inc.: Lithium Chile Announces Proposed Private Placement


Lithium Chile Inc.: Lithium Chile Announces Proposed Private Placement
Lithium Chile or the
Company ) announces that it plans to complete a non-brokered private placement of up to 12,500,000 units of the Company (the
Units ) at a price of $0.28 per Unit, for aggregate gross proceeds of up to $3,500,000 (the
Offering ). There is no minimum Offering. In addition, the Company has reserved an option (the
Over-Allotment Option ) to issue an additional 1,875,000 Units (equaling 15% of the Offering). Each Unit will be comprised of one (1) common share of the Company (a
Common Share ) and one (1) Common Share purchase warrant (
Warrant ). Each Warrant shall be exercisable at $0.60 per Common Share for a period of 24 months from the date of closing of the Offering. The Warrants issued pursuant to the Offering will contain an acceleration clause such that the expiry date for the Warrants may be accelerated at the Company s discretion upon the Common ....

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