Salta Province

Alpha Lithium Files Improved Preliminary Economic Assessment and Provides Update on Strategic Review Process

Retrieved on: 
Thursday, September 21, 2023
Lithium, Techno-economic assessment, Inference, Fenix, Salta Province, Committee, Salar del Hombre Muerto, G&A, QP, PEA, NPV, NO, NI, Mining, OTC, FGC, Transport, Sal, Lithium carbonate, POSCO, News, NEO, Rare-earth element, Alpha, Doctor of Philosophy

The Company also provides an update on its ongoing strategic review process, which continues with active discussions with multiple, multinational parties.

Key Points: 
  • The Company also provides an update on its ongoing strategic review process, which continues with active discussions with multiple, multinational parties.
  • Brad Nichol, President & CEO of Alpha, commented, “Our Strategic Review Process continues, and Alpha is well-positioned with our unique and highly attractive assets.
  • Alpha’s robust strategic review process continues to receive significant interest and remains in progress, as discussions with several interested parties continue.
  • Alpha is well-positioned with its unique lithium assets, which remain highly attractive to a global list of interested parties, including Tecpetrol.

Alpha Lithium Updates and Improves Preliminary Economic Assessment for Tolillar Project in Argentina

Retrieved on: 
Monday, August 14, 2023
Lithium, Area studies, DLE, Salta Province, CDN, Alpha, German, G&A, PEA, Fresh water, Mining, OTC, Transport, Lithium carbonate, NEO, News

VANCOUVER, British Columbia, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Alpha Lithium Corporation (NEO: ALLI) (OTC: APHLF) (German WKN: A3CUW1) (“Alpha” or the “Company”), a company developing a portfolio of highly prospective lithium assets in Argentina, today announced the results of an updated Preliminary Economic Assessment (“PEA”) for its wholly owned Tolillar lithium brine project in the Salta Province of Argentina (“Tolillar”).

Key Points: 
  • VANCOUVER, British Columbia, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Alpha Lithium Corporation (NEO: ALLI) (OTC: APHLF) (German WKN: A3CUW1) (“Alpha” or the “Company”), a company developing a portfolio of highly prospective lithium assets in Argentina, today announced the results of an updated Preliminary Economic Assessment (“PEA”) for its wholly owned Tolillar lithium brine project in the Salta Province of Argentina (“Tolillar”).
  • This PEA provides an independent, third-party economic assessment of the potential value of Tolillar, based on the latest estimation of lithium resources.
  • Brad Nichol, President & CEO of Alpha commented, “The results of the PEA demonstrate that Alpha’s Tolillar project is an exceptionally robust lithium carbonate project, even with conservative assumptions.
  • The Discounted Cash Flow Model, generated independently by Ausenco, with an outside consultant providing tax estimate advice, demonstrates an attractive economic result from the potential production of lithium carbonate chemicals from the Tolillar project.

Alpha Lithium Announces Positive Preliminary Economic Assessment Results for Tolillar Project in Argentina

Retrieved on: 
Monday, July 10, 2023
Lithium, Area studies, Techno-economic assessment, DLE, Salta Province, CDN, Alpha, German, PEA, Fresh water, Mining, OTC, Transport, Lithium carbonate, NEO, News

VANCOUVER, British Columbia, July 10, 2023 (GLOBE NEWSWIRE) -- Alpha Lithium Corporation (NEO: ALLI) (OTC: APHLF) (German WKN: A3CUW1) (“Alpha” or the “Company”), a company developing a portfolio of highly prospective lithium assets in Argentina, today announced the results of a Preliminary Economic Assessment (“PEA”) for its wholly owned Tolillar lithium brine project in the Salta Province of Argentina (“Tolillar”).

Key Points: 
  • VANCOUVER, British Columbia, July 10, 2023 (GLOBE NEWSWIRE) -- Alpha Lithium Corporation (NEO: ALLI) (OTC: APHLF) (German WKN: A3CUW1) (“Alpha” or the “Company”), a company developing a portfolio of highly prospective lithium assets in Argentina, today announced the results of a Preliminary Economic Assessment (“PEA”) for its wholly owned Tolillar lithium brine project in the Salta Province of Argentina (“Tolillar”).
  • The PEA provides an independent economic assessment of the potential value of Tolillar, based on the lithium resources outlined in the September 2022 Resource Estimate ( see news release August 23, 2022 ).
  • Brad Nichol, President & CEO of Alpha commented, “The results of the PEA demonstrate that Alpha’s Tolillar project is an exceptionally robust lithium carbonate project, even with conservative assumptions.
  • The Discounted Cash Flow Model, generated independently by Ausenco, with an outside consultant providing tax estimate advice, demonstrates an attractive economic result from the potential production of lithium carbonate chemicals from the Tolillar project.

SPEY RESOURCES CORP. ANNOUNCES BOARD APPOINTMENTS

Retrieved on: 
Monday, November 21, 2022
Lithium, Ernst, Ernst & Young, Lithium carbonate, OTC, Metal, Organization, Engineering, Canadian Securities Exchange, ASX, Pond, Investment, Corporate finance, Candela, Specialization, NYSE, Salta Province, Mining, FMC Corporation, Business administration, II, CSE, Orocobre, Spey, Bachelor of Business Administration, FRA, Western Michigan University

Vancouver, British Columbia, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey or the "Company") is pleased to announce that Mr. Jos de Castro and Mr. Aaron Wong will each be joining the board of directors of the Company (the Board), effective November 18, 2022.

Key Points: 
  • Vancouver, British Columbia, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey or the "Company") is pleased to announce that Mr. Jos de Castro and Mr. Aaron Wong will each be joining the board of directors of the Company (the Board), effective November 18, 2022.
  • Mr. de Castro specializes in process engineering, mining, resources management and operations work.
  • He was formerly an accountant at Ernst & Young LLP as a part of the assurance practice specializing in resources, technology, real estate and financial services.
  • Spey also holds an option to acquire a 100% interest in the Kaslo Silver project, west of Kaslo, British Columbia.

SPEY RESOURCES CORP. ANNOUNCES ADDITION OF JOSE GUSTAVO DE CASTRO ALEM TO THE ADVISORY BOARD

Retrieved on: 
Wednesday, November 2, 2022
Lithium, FRA, Pond, Canadian Securities Exchange, CEO, Revelstoke, Acquisition, Knowledge, Lithium Triangle, II, CSE, News, Organization, GLOBE, NYSE, Intention, Rio Tinto (corporation), Candela, Orocobre, Risk management, Company, FMC Corporation, ASX, Engineering, Mining, OTC, Salta Province, Lithium carbonate

Vancouver, British Columbia, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey or the "Company") is pleased to announce the addition of Jos Gustavo de Castro Alem to the Companys advisory board.

Key Points: 
  • Vancouver, British Columbia, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey or the "Company") is pleased to announce the addition of Jos Gustavo de Castro Alem to the Companys advisory board.
  • Jos is a mining executive and chemical engineer with deep knowledge and experience in international and Argentine mining operations, and project and commercial management.
  • Jos is a business savvy mining executive who has achieved continual sustainability through focused strategic workflow, staffing and business practice.
  • He is well-versed with various project types, operations start-up, operations ramp-up and business profitability with focus on sustainability.

SPEY RESOURCES CORP. COMPLETES ACQUISITION OF LITHIUM ENERGY METAL CORPORATION

Retrieved on: 
Friday, October 7, 2022
Lithium, News, Canadian Securities Exchange, Master of Science, National instrument, Le Grand, Salta Province, II, Acquisition, Company, FRA, CSE, Intention, OTC, Revelstoke, Injection, GLOBE, Candela, LEM, Granite, Risk management, Craton, Mesoarchean

Vancouver, British Columbia, Oct. 07, 2022 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey or the "Company") is pleased to announce, further to its news release dated September 28, 2022, that it has completed the acquisition (the Acquisition) of 100% of the issued and outstanding share capital of Lithium Energy Metal Corporation (LEM) from all of the former shareholders of LEM (the LEM Shareholders).

Key Points: 
  • Vancouver, British Columbia, Oct. 07, 2022 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey or the "Company") is pleased to announce, further to its news release dated September 28, 2022, that it has completed the acquisition (the Acquisition) of 100% of the issued and outstanding share capital of Lithium Energy Metal Corporation (LEM) from all of the former shareholders of LEM (the LEM Shareholders).
  • In consideration for the Acquisition, the Company issued an aggregate 8,900,000 common shares in the capital of the Company (each, a Spey Share) to the LEM Shareholders (collectively).
  • The Company has also issued 890,000 Spey Shares as a finders fee to an arms length finder in connection with the Acquisition.
  • Spey also owns 100% of the mineral rights to 4 lithium exploration projects located in the James Bay Region of Quebec, in proximity to a recent hard rock lithium discovery.

SPEY RESOURCES CORP. COMPLETES DEBT SETTLEMENT AND GRANTS INCENTIVE STOCK OPTIONS AND RESTRICTED SHARES

Retrieved on: 
Thursday, October 6, 2022
Debt settlement, News, Unit, Creditor, Warrant, Acceleration, Salta Province, MI, Fair market value, Company, FRA, Minority, CSE, Intention, Revelstoke, OTC, GLOBE, Candela, Debt, Consultant, Security (finance)

In settlement of the debt, the Company has issued an aggregate of 2,158,696 units (the Units) of the Company.

Key Points: 
  • In settlement of the debt, the Company has issued an aggregate of 2,158,696 units (the Units) of the Company.
  • The Debt Settlement with Mr. Abbey Abdiye is a related party transaction pursuant to Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (MI 61-101) as Mr. Abdiye is the Chief Financial Officer of the Company.
  • All securities issued in connection with the Debt Settlement are subject to a statutory four month hold period in accordance with the policies of the CSE and applicable securities laws.
  • The CSE has not reviewed, approved, or disapproved the contents of this press release.

SPEY RESOURCES ANNOUNCES APPOINTMENT OF LITHIUM BRINE EXPERT PHILLIP THOMAS AS CHIEF EXECUTIVE OFFICER

Retrieved on: 
Tuesday, October 4, 2022
Lithium, Australasian Institute of Mining and Metallurgy, ABN AMRO, Mining, Geology, Chemistry, GLOBE, OTC, Master, National instrument, Marketing, News, Technology, FRA, JORC, Bachelor of Science, CEO, CSE, Pozuelo de Alarcón, Monash University, Revelstoke, ASX, Corporate finance, Candela, Partnership, Real estate appraisal, CMV, Spey, MBM, Laguna de Guayatayoc, University, Hydrology, Salta Province, Macquarie Group, Rio Tinto, Limited, Incahuasi, Metallurgy, Business, Company, Chemical engineering, MAIG

Vancouver, British Columbia, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey or the "Company") is pleased to announce that Phillip Thomas has joined Spey as Chief Executive Officer, effective October 3, 2022.

Key Points: 
  • Vancouver, British Columbia, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey or the "Company") is pleased to announce that Phillip Thomas has joined Spey as Chief Executive Officer, effective October 3, 2022.
  • Mr. Thomas is a highly specialised lithium brine geologist with significant experience in salt lake (salars) exploration, hydrology, estimation and production chemical engineering.
  • Mr. Thomas is Non-Executive Chairman of copper producer Austral Resources Australia Ltd (ASX: AR1).
  • In 2003, Mr. Thomas and his team at Admiralty Resources explored and built a lithium carbonate extraction process and plant at Rincon Salar, Argentina, which was sold recently for US$825 million to Rio Tinto from Rincon Lithium.

SPEY RESOURCES CORP. TO ACQUIRE LITHIUM ENERGY METAL CORPORATION

Retrieved on: 
Wednesday, September 28, 2022
Lithium, Canadian Securities Exchange, LEM, FRA, Injection, Le Grand, Master of Science, Revelstoke, Salta Province, Intention, Company, News, Candela, OTC, CSE, Acquisition, Agreement, GLOBE, National instrument, Granite, Medical device, Risk management, Mesoarchean, Craton

Vancouver, British Columbia, Sept. 28, 2022 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey or the "Company") is pleased to announce that it has entered into an agreement (the Agreement) to acquire all of the shares of Lithium Energy Metal Corporation (LEM), which owns the following four (4) projects in the James Bay Region of Quebec:

Key Points: 
  • Vancouver, British Columbia, Sept. 28, 2022 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey or the "Company") is pleased to announce that it has entered into an agreement (the Agreement) to acquire all of the shares of Lithium Energy Metal Corporation (LEM), which owns the following four (4) projects in the James Bay Region of Quebec:
    The 454 Block Project - consists of 10 contiguous claims (513 hectares).
  • The project includes Mesoarchean mylonites and amphibolites, as well as younger Neoarchean metamorphic wackes and arkoses.
  • Spey Resources is a Canadian mineral exploration company which holds two option agreements to acquire 100% interest in the Candela II and Pocitos II lithium brine projects, and a 20% interest in the Pocitos I lithium project, all of which are located in the Salta Province, Argentina.
  • The Canadian Securities Exchange (CSE) has not reviewed, approved, or disapproved the contents of this press release.

SPEY RESOURCES CORP. ANNOUNCES CLOSING OF PRIVATE PLACEMENT

Retrieved on: 
Saturday, September 17, 2022
Warrant, FRA, Acceleration, Revelstoke, Salta Province, Intention, Company, News, Candela, Broker, Canadian Securities Exchange, OTC, Offering, CSE, GLOBE, Security (finance)

Vancouver, British Columbia, Sept. 16, 2022 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey or the "Company") is pleased to announce, further to its news release dated September 7, 2022, that it has closed its non-brokered private placement (the Offering), having issued 22,141,496 units (each a Unit) at a price of $0.175 per Unit, for gross proceeds of $3,874,761.80.

Key Points: 
  • Vancouver, British Columbia, Sept. 16, 2022 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey or the "Company") is pleased to announce, further to its news release dated September 7, 2022, that it has closed its non-brokered private placement (the Offering), having issued 22,141,496 units (each a Unit) at a price of $0.175 per Unit, for gross proceeds of $3,874,761.80.
  • In connection with the Offering, the Company also paid finders fees in the aggregate of $145,580.75 in cash and 760,490 non-transferable broker warrants (a Broker Warrant).
  • The Company intends to use the net proceeds raised from the Offering for funding the drilling of its projects, property payments and general working capital.
  • The CSE has not reviewed, approved, or disapproved the contents of this press release.