LAC

Lithium Ionic drills 1.64% Li2O over 13.5m, 2.18% Li2O over 5.8m and 1.95% Li2O over 5.7m at Bandeira, Minas Gerais, Brazil

Retrieved on: 
Monday, November 6, 2023

TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) reports additional results from an ongoing drilling program at the Bandeira Project (“Bandeira”), located in northern Minas Gerais State, Brazil.

Key Points: 
  • TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) reports additional results from an ongoing drilling program at the Bandeira Project (“Bandeira”), located in northern Minas Gerais State, Brazil.
  • The Company is rapidly advancing Bandeira, situated within the emerging “Lithium Valley”, where two lithium producers currently operate.
  • In October 2023, an updated MRE at Bandeira showcased a near-doubling of the MRE, which formed the basis of a Preliminary Economic Assessment (“PEA”).
  • The Company is rapidly advancing Bandeira towards a production decision, while it continues to explore and define regional targets.

Lithium Ionic drills 2.11% Li2O over 9.9m, 1.73% Li2O over 10.4m and 1.68% Li2O over 10.0m at Bandeira, Minas Gerais, Brazil

Retrieved on: 
Thursday, November 2, 2023

TORONTO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) reports drill results from the Bandeira Project (“Bandeira”), in northern Minas Gerais State, Brazil.

Key Points: 
  • TORONTO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) reports drill results from the Bandeira Project (“Bandeira”), in northern Minas Gerais State, Brazil.
  • Blake Hylands, P.Geo., Chief Executive Officer of Lithium Ionic, commented, "Today's drill results underscore the continued growth potential of Bandeira – a property which represents only approximately 1% of our total land package in this prolific lithium belt.
  • The new mineral resource estimate we reported earlier this month for Bandeira reflects a snapshot in time, based on data up to August 2023.
  • The Company is rapidly advancing Bandeira towards a production decision, while it continues to explore and define regional targets.

TD SYNNEX Special Report: MSPs’ Strategic Investments in Business Consulting and Planning are Paying Off

Retrieved on: 
Wednesday, November 1, 2023

Findings of a new TD SYNNEX (NYSE: SNX) Managed Service Provider (MSP) Special Report show that MSPs are positioning themselves for growth through a keen focus on business planning and expansion of technology offerings.

Key Points: 
  • Findings of a new TD SYNNEX (NYSE: SNX) Managed Service Provider (MSP) Special Report show that MSPs are positioning themselves for growth through a keen focus on business planning and expansion of technology offerings.
  • This new special report is a supplement to the TD SYNNEX 2023 Direction of Technology Report and focuses on the survey respondents that identified themselves as MSPs.
  • While 65 percent of respondents noted business consulting and planning investments were imperative, a full 80 percent said that expanding their solution offerings was important or very important for growth.
  • The MSPs we work with cite the critical need for strategic planning, business development, alongside training and enablement to leverage the opportunities presented by lucrative high-growth technologies,” said Sergio Farache, Chief Strategy Officer, TD SYNNEX.

Lincoln Avenue Communities Breaks Ground on Affordable Housing Development in Reno, Nevada

Retrieved on: 
Friday, November 3, 2023

RENO, Nev., Nov. 3, 2023 /PRNewswire/ -- Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, broke ground this week on the future site of Pinyon Apartments, a development that will provide 252 units of affordable housing for lower-income families in Reno.

Key Points: 
  • RENO, Nev., Nov. 3, 2023 /PRNewswire/ -- Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, broke ground this week on the future site of Pinyon Apartments, a development that will provide 252 units of affordable housing for lower-income families in Reno.
  • "Lincoln Avenue Communities is committed to building high-quality, affordable homes in cities like Reno that are experiencing an acute housing crisis," said LAC CEO Jeremy Bronfman.
  • "We're proud to begin construction of our first ground-up development in Nevada and to help bolster the state's affordable housing supply."
  • Pinyon Apartments was financed through a combination of Tax Exempt Bonds, 4 percent Low Income Housing Tax Credits ("LIHTC") and State Tax Credits from the Nevada Housing Division.

South Korean Space Startup TelePIX Partners with Mexican Geo-Info Company Thrusters Unlimited for Latin America and Caribbean Market Expansion

Retrieved on: 
Thursday, November 2, 2023

SEOUL, South Korea, Nov. 2, 2023 /PRNewswire/ -- TelePIX, a leading South Korean space startup, announced the signing of a Memorandum of Understanding (MOU) with Thrusters Unlimited, a Mexican geo-information company.

Key Points: 
  • SEOUL, South Korea, Nov. 2, 2023 /PRNewswire/ -- TelePIX, a leading South Korean space startup, announced the signing of a Memorandum of Understanding (MOU) with Thrusters Unlimited, a Mexican geo-information company.
  • This partnership marks a significant milestone in TelePIX's strategic expansion efforts into global markets, including Central and South America, as well as Europe.
  • In return, Thrusters Unlimited will contribute crucial market insights and potential customer leads for satellite and VAS services in the Latin America and Caribbean market.
  • Earlier this year, the company solidified a business agreement with Mexican space company Space Zero Gravity on June 2nd.

Funding to support 25 First Nations, Inuit and Métis Nation documentary heritage projects

Retrieved on: 
Wednesday, November 1, 2023

Library and Archives Canada is pleased to announce the recipients of the 2023–2024 funding cycle of its Listen, Hear Our Voices initiative.

Key Points: 
  • Library and Archives Canada is pleased to announce the recipients of the 2023–2024 funding cycle of its Listen, Hear Our Voices initiative.
  • GATINEAU, QC, Nov. 1, 2023 /CNW/ - Library and Archives Canada (LAC) is pleased to announce the recipients of the 2023–2024 funding cycle of its Listen, Hear Our Voices initiative.
  • In total, 25 First Nations, Inuit and Métis Nation organizations will share $1.5 million to support their efforts to digitize and preserve language and culture materials and build digitization and preservation capacity to do so.
  • Indigenous organizations receiving funding through the Listen, Hear Our Voices initiative (2023–2024):

Increasing Demand for EVs & Shift Toward Clean Energy Driving Lithium Billion Dollar Market Growth

Retrieved on: 
Tuesday, October 17, 2023

PALM BEACH, FL, Oct. 17, 2023 /PRNewswire/ -- The automobile industry is currently dominated by fossil fuel consumption but is increasingly moving toward becoming an alternate source of energy, such as lithium-ion-backed battery technology. The increasing demand for EVs and the shift toward clean energy will drive the product demand in the coming years. A report from Fortune Business Insights projected that the Global Lithium market size is expected to grow to $516.22 million in 2028, growing at a CAGR of 6% during forecast period from 2021-2028.  The report said: "Electric vehicle companies and carmakers are changing their preferences depending on the cathode characteristics regarding safety, stability, life, cost, and energy density. EVs are promoted as a sustainable transportation choice on a life-cycle basis, as they emit less GHG than conventional vehicles. For instance, Tesla is planning for next-generation EV batteries that would focus on introducing Li-iron phosphate batteries to the market. This will cut the vehicle costs, extend the vehicle range up to 400 miles or more, and enable the batteries to last as long as 1 million miles. Additionally, the company plans to implement a high-speed, heavily automated battery manufacturing process designed to increase mass production and reduce labor costs."  Active mining companies in markets include:  Usha Resources Ltd. (OTCQB: USHAF) (TSX-V: USHA), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), Piedmont Lithium Inc. (NASDAQ: PLL), Standard Lithium Ltd. (NYSE American: SLI) (TSX-V: SLI), American Lithium Corp. (NASDAQ: AMLI) (TSX-V: LI).

Key Points: 
  • The increasing demand for EVs and the shift toward clean energy will drive the product demand in the coming years.
  • The market in North America is likely to rise considerably during the lithium market forecast period.
  • The increasing adoption of cleaner energy sources due to stringent regulatory rules is surging regional growth.
  • The increasing adoption of solar panels has created a substantial demand for cells and batteries to store energy."

Increasing Demand for EVs & Shift Toward Clean Energy Driving Lithium Billion Dollar Market Growth

Retrieved on: 
Tuesday, October 17, 2023

PALM BEACH, FL, Oct. 17, 2023 /PRNewswire/ -- The automobile industry is currently dominated by fossil fuel consumption but is increasingly moving toward becoming an alternate source of energy, such as lithium-ion-backed battery technology. The increasing demand for EVs and the shift toward clean energy will drive the product demand in the coming years. A report from Fortune Business Insights projected that the Global Lithium market size is expected to grow to $516.22 million in 2028, growing at a CAGR of 6% during forecast period from 2021-2028.  The report said: "Electric vehicle companies and carmakers are changing their preferences depending on the cathode characteristics regarding safety, stability, life, cost, and energy density. EVs are promoted as a sustainable transportation choice on a life-cycle basis, as they emit less GHG than conventional vehicles. For instance, Tesla is planning for next-generation EV batteries that would focus on introducing Li-iron phosphate batteries to the market. This will cut the vehicle costs, extend the vehicle range up to 400 miles or more, and enable the batteries to last as long as 1 million miles. Additionally, the company plans to implement a high-speed, heavily automated battery manufacturing process designed to increase mass production and reduce labor costs."  Active mining companies in markets include:  Usha Resources Ltd. (OTCQB: USHAF) (TSX-V: USHA), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), Piedmont Lithium Inc. (NASDAQ: PLL), Standard Lithium Ltd. (NYSE American: SLI) (TSX-V: SLI), American Lithium Corp. (NASDAQ: AMLI) (TSX-V: LI).

Key Points: 
  • The increasing demand for EVs and the shift toward clean energy will drive the product demand in the coming years.
  • The market in North America is likely to rise considerably during the lithium market forecast period.
  • The increasing adoption of cleaner energy sources due to stringent regulatory rules is surging regional growth.
  • The increasing adoption of solar panels has created a substantial demand for cells and batteries to store energy."

Lithium Americas Closes Separation to Create Two Leading Lithium Companies

Retrieved on: 
Tuesday, October 3, 2023

VANCOUVER, British Columbia, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (“Lithium Americas” or the “Company”), now Lithium Americas (Argentina) Corp. (“Lithium Argentina”) (TSX: LAAC) (NYSE: LAAC) and a new Lithium Americas Corp. (“Lithium Americas (NewCo)”) (TSX: LAC) (NYSE: LAC) today jointly announced the completion of the reorganization of Lithium Americas into two independent publicly traded companies, implemented by way of statutory plan of arrangement (the “Separation”).

Key Points: 
  • VANCOUVER, British Columbia, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (“Lithium Americas” or the “Company”), now Lithium Americas (Argentina) Corp. (“Lithium Argentina”) (TSX: LAAC) (NYSE: LAAC) and a new Lithium Americas Corp. (“Lithium Americas (NewCo)”) (TSX: LAC) (NYSE: LAC) today jointly announced the completion of the reorganization of Lithium Americas into two independent publicly traded companies, implemented by way of statutory plan of arrangement (the “Separation”).
  • “We look forward to seeing these two market-leading companies thrive independently,” said Jonathan Evans, President and CEO of Lithium Americas (NewCo) and former President and CEO of Lithium Americas.
  • “The closing of this Separation is a pivotal moment in allowing each company to sharpen its focus and pursue independent and unique growth opportunities within the lithium industry.”
    As of close of trading on Tuesday, October 3, 2023 (the “Effective Date”), common shares of Lithium Americas (“Lithium Americas Shares”) have concluded regular-way trading on the Toronto Stock Exchange (“TSX”) and New York Stock Exchange (“NYSE”) under the symbol “LAC,” and Lithium Argentina common shares (“Lithium Argentina Shares”) and Lithium Americas (NewCo) common shares (“Lithium Americas (NewCo) Shares”) have concluded trading on a “when-issued” basis on the NYSE.
  • Accordingly, persons who tender certificates or DR Statements for Lithium Americas Shares after October 3, 2026 will not receive any Lithium Argentina Shares or Lithium Americas (NewCo) Shares, will not own any interest in Lithium Argentina or Lithium Americas (NewCo) and will not be paid any cash or other compensation in lieu thereof.

Lithium Americas Announces Details for Completion of Separation

Retrieved on: 
Thursday, September 28, 2023

VANCOUVER, British Columbia, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) is pleased to announce that the separation of the Company into Lithium Americas (Argentina) Corp. (“Lithium Argentina”) and a new Lithium Americas Corp. (“Lithium Americas (NewCo)”) pursuant to a statutory plan of arrangement (the “Separation”) is expected to be completed on Tuesday, October 3, 2023 (the “Effective Date”).

Key Points: 
  • VANCOUVER, British Columbia, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) is pleased to announce that the separation of the Company into Lithium Americas (Argentina) Corp. (“Lithium Argentina”) and a new Lithium Americas Corp. (“Lithium Americas (NewCo)”) pursuant to a statutory plan of arrangement (the “Separation”) is expected to be completed on Tuesday, October 3, 2023 (the “Effective Date”).
  • Under the terms of the Separation, holders of Lithium Americas common shares (“Lithium Americas Shares”) will be entitled to receive one Lithium Argentina common share (each, a “Lithium Argentina Share”) and one Lithium Americas (NewCo) common share (each, a “Lithium Americas (NewCo) Share”) for every Lithium Americas Share held immediately before the effective time of the Separation.
  • There are currently 160,047,671 Lithium Americas Shares outstanding, and it is anticipated that immediately upon the Separation becoming effective the number of Lithium Argentina Shares and Lithium Americas (NewCo) Shares outstanding shall be the same or substantially the same as the number of Lithium Americas Shares currently outstanding.
  • Investors are encouraged to consult with their own advisors regarding the specific implications of buying or selling Lithium Americas Shares, Lithium Argentina Shares and Lithium Americas (NewCo) Shares.