LPI

Proactive news headlines including International Graphite, Aeris Resources, Altech Chemicals and Taiton Resources

Retrieved on: 
Wednesday, January 25, 2023

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    Taiton Resources Ltd (ASX:T88) has launched ‘Investor Hub’, a dedicated investor engagement platform that will allow the public to view the company’s announcements and media.
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    Recce Pharmaceuticals Ltd (ASX:RCE, OTC:RECEF) has boosted its finances by A$6,219,241 after receiving two research and development (R&D) rebates.
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    Queensland Pacific Metals Ltd (ASX:QPM) has made strong debt financing progress targeting international export credit agencies and other government-backed lenders for its TECH Project in northern Australia.
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    Westar Resources Ltd (ASX:WSR) has transitioned from reverse circulation (RC) to diamond drilling at the Mt Finnerty farm-in and joint venture (JV) project with Ramelius Resources Ltd in WA.

Luxury Portfolio International® Assembles Panel of Industry Leaders to Forecast the 2023 Outlook for Luxury Real Estate

Retrieved on: 
Thursday, January 12, 2023

NEW YORK, Jan. 12, 2023 /PRNewswire/ -- The first-of-the-year edition of Luxury Portfolio International®'s widely watched "Luxury Hour" series will bring together a quartet of real estate industry heavyweights, discussing which external and intra-industry drivers are most poised to impact the market in 2023 -- and how.  Luxury Portfolio International (LPI) is the world's leading luxury real estate network and the luxury arm of Leading Real Estate Companies of the World® (LeadingRE) -- the largest global network of premier independent brokerage firms. 

Key Points: 
  • NEW YORK, Jan. 12, 2023 /PRNewswire/ -- The first-of-the-year edition of Luxury Portfolio International® 's widely watched "Luxury Hour" series will bring together a quartet of real estate industry heavyweights, discussing which external and intra-industry drivers are most poised to impact the market in 2023 -- and how.
  • Luxury Portfolio International (LPI) is the world's leading luxury real estate network and the luxury arm of Leading Real Estate Companies of the World® (LeadingRE) -- the largest global network of premier independent brokerage firms.
  • The special live webcast takes place Wednesday, Jan. 18, from 11 a.m. – 12:30 p.m. EST, and is free to registered viewers.
  • Also on the agenda will be an in-depth look at important insights gleaned from LPI's latest "State of Luxury Real Estate" (SOLRE) report .

LPI Completes Maricunga Ownership Consolidation

Retrieved on: 
Saturday, December 24, 2022

SYDNEY, Australia, Dec. 24, 2022 (GLOBE NEWSWIRE) -- Lithium Power International Limited (ASX: LPI) (“LPI” or the “Company”) is pleased to advise that it has now successfully completed the Plan of Arrangement with joint venture partner Bearing Lithium Corp. (BRZ:TSXV) (“Bearing Transaction”) who held a 17.14% interest in the Maricunga lithium brine project in Chile (“Maricunga”).

Key Points: 
  • As a result of the Transactions LPI has now successfully completed consolidation of ownership of 100% of Maricunga.
  • This in turn can potentially deliver enhanced returns to shareholders
    ‘On behalf of the LPI Board I would like to thank our joint venture partners for their efforts to deliver this logical consolidation of ownership of Maricunga and welcome the new shareholders to LPI.
  • With ownership of Maricunga now consolidated we are best placed to pursue the funding and development of Maricunga and deliver further value to our shareholders.’
    Treadstone Resource Partners acted as strategic and financial advisor to LPI in respect of the Transactions.
  • The Maricunga Project is located 170km north-east of Copiapó in Salar de Maricunga in the Atacama Region of northern Chile.

Bearing Lithium Announces Closing of Maricunga Project Consolidation

Retrieved on: 
Thursday, December 22, 2022

Pursuant to the Arrangement, AcquireCo, a wholly owned subsidiary of LPI, acquired all of the issued and outstanding common shares of Bearing (the "Bearing Shares") and holders of Bearing Shares ("Bearing Shareholders") received 0.7 ordinary shares of LPI ("LPI shares") for each one (1) Bearing Share held (the "Consideration"), subject to rounding.

Key Points: 
  • Pursuant to the Arrangement, AcquireCo, a wholly owned subsidiary of LPI, acquired all of the issued and outstanding common shares of Bearing (the "Bearing Shares") and holders of Bearing Shares ("Bearing Shareholders") received 0.7 ordinary shares of LPI ("LPI shares") for each one (1) Bearing Share held (the "Consideration"), subject to rounding.
  • In addition, under the terms of the Arrangement, holders of Bearing Shares on the Corporation's register at the time of closing are entitled to receive a cash distribution in the amount of approximately $0.015 per Bearing Share (the "Cash Distribution").
  • The closing of the Arrangement and the Joint Venture Partner Transaction together results in 100% ownership of the Maricunga Lithium Brine Project in Chile (the "Maricunga Project") being consolidated in LPI.
  • As part of the Arrangement, the Bearing Shares will be delisted from the TSX Venture Exchange.

LPI Completes First Steps of Maricunga Consolidation

Retrieved on: 
Tuesday, December 20, 2022

SYDNEY, Australia, Dec. 20, 2022 (GLOBE NEWSWIRE) --  Lithium Power International Limited (ASX: LPI) (“LPI” or the “Company”) provides an update on the consolidation of 100% ownership of LPI’s flagship Maricunga lithium brine project in Chile (“Maricunga” or the “Project”).

Key Points: 
  • SYDNEY, Australia, Dec. 20, 2022 (GLOBE NEWSWIRE) --  Lithium Power International Limited (ASX: LPI) (“LPI” or the “Company”) provides an update on the consolidation of 100% ownership of LPI’s flagship Maricunga lithium brine project in Chile (“Maricunga” or the “Project”).
  • MSB SpA contributed its 31.31% interest in Maricunga to Salar Blanco, LLC (“SBD”) and LPI has now completed the merger with SBD to consolidate 82.86% ownership of Maricunga (“SBD Transaction”).
  • The Bearing Transaction is expected to complete by 22 December which will result in LPI taking ownership of 100% of Maricunga.
  • The Maricunga Project is located 170km north-east of Copiapó in Salar de Maricunga in the Atacama Region of northern Chile.

Global Luxury Real Estate Buyers Adapting to Uncertainty, Yet Bullish on Real Estate, According to Global Study by Luxury Portfolio International®

Retrieved on: 
Thursday, January 5, 2023

While aware of potential headwinds from economic and geopolitical uncertainties -- along with ever-growing concerns about climate change and the continued threat of COVID -- they are resilient.

Key Points: 
  • Data from the State of Luxury Real Estate 2023 encompasses the opinions of an aggregate 90% of the world's affluent class.
  • The study reveals that the global wealthy (UHNWI) are living in a state of adaptation to changing (and often unpredictable) circumstances, yet confident.
  • Key findings from the global study include:
    For the third consecutive year, the number of buyers is greater than the number of real estate sellers, as inventories continued to dwindle, especially in the luxury sector.
  • The mid-2020 to mid-2021 luxury market buying frenzy pushed some prospective buyers out of contention in their most-desired markets.

LPI’s Consolidation of 100% of the Maricunga Project to Complete Imminently

Retrieved on: 
Saturday, December 17, 2022

SYDNEY, Australia, Dec. 16, 2022 (GLOBE NEWSWIRE) -- Lithium Power International Limited (ASX: LPI) (“LPI” or the “Company”) provides an update on the consolidation of 100% ownership of LPI’s flagship Maricunga lithium brine project in Chile (“Maricunga” or the “Project”).

Key Points: 
  • LPI is progressing to complete the merger with SBD to consolidate MSB SpA’s 31.31% interest in Maricunga (“SBD Transaction”).
  • It is expected this will complete by 22 December, resulting in LPI taking ownership of 100% of Maricunga.
  • “We are extremely pleased to be within reach of consolidating the ownership of Maricunga lithium brine project.
  • The Maricunga Project is located 170km north-east of Copiapó in Salar de Maricunga in the Atacama Region of northern Chile.

Bearing Lithium Provides Update on Consolidation of 100% of the Maricunga Project by LPI

Retrieved on: 
Friday, December 16, 2022

The use of any of the words “continue”, “plan”, “propose”, “would”, “will”, “believe”, “expect”, “position”, “anticipate”, “improve”, “enhance” and similar expressions are intended to identify forward-looking statements.

Key Points: 
  • The use of any of the words “continue”, “plan”, “propose”, “would”, “will”, “believe”, “expect”, “position”, “anticipate”, “improve”, “enhance” and similar expressions are intended to identify forward-looking statements.
  • Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which have been used.
  • Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
  • NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Proactive news headlines including Kinetiko Energy, Noxopharm, Australian Strategic Materials and Aurumin Ltd

Retrieved on: 
Friday, December 16, 2022

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    Alto Metals Ltd (ASX:AME) has raised $2.1 million through an oversubscribed share purchase plan (SPP) and placement.
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Luxury Portfolio International® Assembles Panel of Real Estate Industry Leaders to Discuss 2023 Outlook

Retrieved on: 
Monday, December 5, 2022

NEW YORK, Dec. 5, 2022 /PRNewswire/ -- What's in store for luxury real estate brokerages and agents in 2023? That's the focus of a special live webcast taking place this Wednesday, Dec. 7 -- hosted by Luxury Portfolio International® (LPI) and featuring a cadre of the industry's most prolific leaders. 

Key Points: 
  • NEW YORK, Dec. 5, 2022 /PRNewswire/ -- What's in store for luxury real estate brokerages and agents in 2023?
  • That's the focus of a special live webcast taking place this Wednesday, Dec. 7 -- hosted by Luxury Portfolio International (LPI) and featuring a cadre of the industry's most prolific leaders.
  • LPI is the luxury arm of Leading Real Estate Companies of the World (LeadingRE) the largest global network of premier locally branded firms.
  • It is the luxury arm of Leading Real Estate Companies of the World the global network of top independent real estate firms, with 550 companies and 136,000 sales associates in over 70 countries.