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Fundamental Research Corporation Begins Coverage of Lithium Chile Inc. thenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenewswire.com Daily Mail and Mail on Sunday newspapers.
Lithium Chile and Apollo Terminate Option Agreement thenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenewswire.com Daily Mail and Mail on Sunday newspapers.
Press Release - MINING.COM mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.
Share this story: Lithium Chile Extends Maturity of Loan to San Lorenzo Gold and Receives 500,000 Shares in San Lorenzo as Consideration
CALGARY, ALBERTA, - TheNewswire - JULY 2, 2021 – Lithium Chile Inc. (“Lithium Chile” or the “Company”) (TSXV:LITH) announces that it has entered into an agreement to amend the repayment terms of the CAD$1,000,000 loan (the Loan ) that is owed by a third party, San Lorenzo Gold Corp. ( San Lorenzo ), to extend the maturity date of the Loan from November 30, 2021 to November 30, 2022. As consideration for the extension of the maturity date, and subject to the acceptance of the TSX Venture Exchange, the Company will be issued 500,000 common shares in the capital of San Lorenzo (the Shares ). The Shares will be subject to a hold period expiring four months and one day from the date of their issuance. ....
Lithium Chile Provides Operational Update on Its Argentinian Lithium Project
CALGARY, ALBERTA – TheNewswire - JUNE 09, 2021 – Lithium Chile Inc. (“Lithium Chile” or the “Company”) (TSXV:LITH) (OTC:LTMCF) is pleased to announce that significant progress has been made towards the drilling of the Company’s initial production test well on its Arizaro property in Salta Province, Argentina. HIGHLIGHTS - Total cost below forecast; - Senior consulting geologist 30+ years lithium experienced retained The initial operational meeting was held within a week of signing the LOI (May 17, 2021 press release) and plans continue to unfold quickly. Once the definitive agreement is completed prior to July 12th, the Company hopes to begin drilling the production test well. Drilling should take approximately 8 weeks with a 30-day pumping test to follow. The test is designed to analyze and collect data from the target zone that will prove the potential commercial ....