Associated tags: Lithium, IBAT, International, The Company, CSE, FSE, Security (finance), CAD
Locations: UNITED STATES, HOUSTON, TEXAS, SOUTH AMERICA, NORTH AMERICA, US, UTAH, NEVADA, LONDON, ENGLAND, WALES, MASSACHUSETTS, CANADA, BRITISH COLUMBIA, TEXAS, LOUISIANA, MI, TX
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Associate Greg Mehos & Associates verifies that IBAT's technology performs in accordance with the company's claims; IBAT prepares for commercialization.
Key Points:
- Greg Mehos & Associates verifies that IBAT's technology performs in accordance with the company's claims; IBAT prepares for commercialization.
- VANCOUVER, BC and HOUSTON, June 28, 2023 /PRNewswire/ - International Battery Metals Ltd. (CSE: IBAT) (OTC: IBATF) (FSE: 8RE) has received certification from Greg Mehos & Associates ("GM&A"), an independent testing agency, that shows that its modular direct lithium extraction (DLE) technology performed in accordance with company claims, delivering a 97% extraction rate of lithium from feed brine (to lithium chloride).
- According to GM&A, IBAT's existing commercial plant produces a total recovery rate of 95% using its internal transition recycle loop technology.
- GM&A tested IBAT's lithium extraction process when it was demonstrated at Impact Technology Development in Devens, Massachusetts on June 20.
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Mining VANCOUVER, BC and HOUSTON, June 19, 2023 /PRNewswire/ - International Battery Metals Ltd. (CSE: "IBAT") (OTC: IBATF) (FSE: 8RE) has appointed Rita Adiani to its advisory board.
Key Points:
- VANCOUVER, BC and HOUSTON, June 19, 2023 /PRNewswire/ - International Battery Metals Ltd. (CSE: "IBAT") (OTC: IBATF) (FSE: 8RE) has appointed Rita Adiani to its advisory board.
- Adiani has significant experience in capital raising, M&A and resource & energy transition technology integration.
- Adiani serves as Senior Vice President, for strategy & corporate development at Arizona Sonoran Copper Company (TSX listed) and continues to serve on the board of Brixton Metals of Vancouver.
- "We are fortunate to have someone of Rita's stature in the energy transition industry join our advisory board," said Garry Flowers, CEO of IBAT.
Houston, Texas, June 16, 2023 (GLOBE NEWSWIRE) -- International Battery Metals (IBAT), a lithium extraction company that boasts a patented technology to obtain lithium more efficiently and with a lower environmental impact, has announced that it is looking for partners in exploring and developing potential lithium extracting sites in the US.
Key Points:
- Houston, Texas, June 16, 2023 (GLOBE NEWSWIRE) -- International Battery Metals (IBAT), a lithium extraction company that boasts a patented technology to obtain lithium more efficiently and with a lower environmental impact, has announced that it is looking for partners in exploring and developing potential lithium extracting sites in the US.
- IBAT’s mobile modular direct lithium extraction method can be used in a wide variety of areas and can obtain more battery-grade lithium from brine than the traditional evaporative method.
- Conventional lithium extraction is controversial for its negative effect on the freshwater aquifers of the Atacama Plateau in South America, which has led to the displacement of Indigenous communities.
- “Having a direct lithium extraction plant typically costs more than $600 million and takes six to seven years to build.
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IBAT VANCOUVER, BC and HOUSTON, Texas, April 27, 2023 /PRNewswire/ - International Battery Metals Ltd. (the "Company" ) (CSE: IBAT) (OTC: IBATF) (FSE: 8RE) is pleased to announce that it has closed a follow up private placement financing for gross proceeds of CAD$6,693,500 (USD$5,000,000) (the "Private Placement").
Key Points:
- VANCOUVER, BC and HOUSTON, Texas, April 27, 2023 /PRNewswire/ - International Battery Metals Ltd. (the "Company" ) (CSE: IBAT) (OTC: IBATF) (FSE: 8RE) is pleased to announce that it has closed a follow up private placement financing for gross proceeds of CAD$6,693,500 (USD$5,000,000) (the "Private Placement").
- This follow up private placement is being made by the group who invested CAD$10,000,000 in February, 2022.
- Depending on wellhead brine Lithium concentrations, each plant can produce up to 5,000 metric tons of commercial-grade lithium chloride per year.
- The modular design allows for IBAT's technology to be scaled up quickly to extract lithium from the world's largest resources.
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Security (finance) VANCOUVER, BC AND HOUSTON, Texas, April 24, 2023 /PRNewswire/ - International Battery Metals Ltd. (the "Company") (CSE: IBAT) (OTC: IBATF) (FSE: 8RE) is pleased to announce that it has entered into a follow up private placement financing of 6,396,999 units (each a "Unit") for gross proceeds of CAD$6,693,500 (USD$5,000,000) (the "Private Placement").
Key Points:
- VANCOUVER, BC AND HOUSTON, Texas, April 24, 2023 /PRNewswire/ - International Battery Metals Ltd. (the "Company") (CSE: IBAT) (OTC: IBATF) (FSE: 8RE) is pleased to announce that it has entered into a follow up private placement financing of 6,396,999 units (each a "Unit") for gross proceeds of CAD$6,693,500 (USD$5,000,000) (the "Private Placement").
- This follow up private placement is being made by the group who invested CAD$10,000,000 in February, 2022.
- The Company has agreed to amend 3,333,333 warrants issued under the February 24, 2022 private placement (the "Warrant Amendment").
- Pursuant to the Warrant Amendment, the exercise price of the 3,333,333 warrants will be amended from CAD$3.83 to CAD$1.21.
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Uranium mining Chile now requires use of a DLE means of lithium extraction in order to reduce loss of precious water resources.
Key Points:
- Chile now requires use of a DLE means of lithium extraction in order to reduce loss of precious water resources.
- DLE technologies are more water efficient than traditional extraction methods, but are currently not used in Chile.
- Global scarcity, water misuse, and waste of water have had extremely detrimental effects on land, vegetation, animals and people.
- IBAT's unique DLE technology is the only type of DLE that minimizes water waste to this extent:
Water: IBAT recycles up to 94% of fresh water used in processing.
Retrieved on:
Wednesday, March 22, 2023
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Audit The Company will issue the remaining 10,048,661 milestone shares to be equally distributed amongst each of Ms. Borges and Mr. Privitera (the "Issuance").
Key Points:
- The Company will issue the remaining 10,048,661 milestone shares to be equally distributed amongst each of Ms. Borges and Mr. Privitera (the "Issuance").
- In accordance with the issuance of the remaining milestone shares, the Company is also filing with the Canadian Securities Exchange a Form 9 – Notice of Proposed Issuance of Listed Securities.
- This release may contain statements within the meaning of safe harbour provisions as defined under securities laws and regulations.
- View original content to download multimedia: https://www.prnewswire.com/news-releases/international-battery-metals-lt...
SOURCE International Battery Metals Ltd.
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Audit This news release may contain assumptions, estimates, and other forward-looking statements regarding future events.
Key Points:
- This news release may contain assumptions, estimates, and other forward-looking statements regarding future events.
- This release may contain statements within the meaning of safe harbour provisions as defined under securities laws and regulations.
- There is no assurance that the company's apparatus will be able to commercially produce lithium at the stated capacity.
- View original content to download multimedia: https://www.prnewswire.com/news-releases/international-battery-metals-lt...
SOURCE International Battery Metals Ltd.
Retrieved on:
Thursday, February 9, 2023
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Audit The Company has confirmed that the above Milestones have been achieved and the Company will issue 5,024,331 common shares to Dr. John Burba immediately.
Key Points:
- The Company has confirmed that the above Milestones have been achieved and the Company will issue 5,024,331 common shares to Dr. John Burba immediately.
- The remaining 10,048,661 common shares issuable pursuant to the Milestones are to be issued upon settlement of terms of issuance between the Company, and each of Christina Borgese and Marc Privitera, the other selling parties under the Asset Purchase Agreement.
- In accordance with the issuance of the Milestone Shares, the Company is also filing with the Canadian Securities Exchange a Form 9 – Notice of Proposed Issuance of Listed Securities.
- View original content to download multimedia: https://www.prnewswire.com/news-releases/international-battery-metals-lt...
SOURCE International Battery Metals Ltd.
Retrieved on:
Tuesday, February 7, 2023
HOUSTON, Feb. 7, 2023 /PRNewswire/ - International Battery Metals Ltd., (the "Company" or "IBAT") (CSE: IBAT) (OTC: IBATF) (FSE: 8RE), the fastest lithium producing company, today announced it will have access to substantial, highly desirable lithium brine reserves in Argentina through a partnership.
Key Points:
- HOUSTON, Feb. 7, 2023 /PRNewswire/ - International Battery Metals Ltd., (the "Company" or "IBAT") (CSE: IBAT) (OTC: IBATF) (FSE: 8RE), the fastest lithium producing company, today announced it will have access to substantial, highly desirable lithium brine reserves in Argentina through a partnership.
- The partnership gives International Battery Metals, Ltd. ("IBAT" or the "Company") access to a portfolio of prospective lithium brine concessions, including 140,000 acres in the Argentinian province of Catamarca, often referred to as "the heart of the lithium triangle."
- The agreement enables IBAT to begin placing and using its processing technology, which was designed for the purpose of rapidly commencing onsite production.
- The agreement represents IBAT's initial commercial venture in Argentina operating its innovative and patented lithium plant technology.
