Century Lithium Corp (LCE)

https://www.centurylithium.com/

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CENTURY LITHIUM CLOSES C$7,000,000 BROKERED LIFE FINANCINGMarch 16, 2026 1:34 PM
PR Newswire (Canada)

/THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/VANCOUVER, BC, March 16, 2026 /CNW/ - Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) ("Century Lithium" or the "Company") is pleased to announce that it has completed its previously announced brokered private placement, which was initially announced on March 10, 2026 (the "Offering"). Under the Offering, the Company issued 14,893,616 units of the Company ("Units") at a price of $0.47 per Unit for gross proceeds of C$7,000,000.







The Offering was conducted on a commercially reasonable "best efforts" basis by A.G.P. Canada Investments ULC, acting as sole agent and bookrunner (the "Agent") and A.G.P./Alliance Global Partners acting as sole U.S. placement agent.Each Unit is comprised of one common share in the capital of the Company (a "Share") and one Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to acquire one additional Share (a "Warrant Share") at a price of $0.65 for a period of five (5) years from the closing of the Offering.The Units were offered by way of the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions ("NI 45-106"), as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the "Order"), in each of the provinces of Canada (except Québec). Pursuant to NI 45-106 and the Order, the Units issued to Canadian residents under the Offering are not subject to resale restrictions. The Company relied on the exemptions in Part 5A of NI 45-106 and the Order, and was qualified to distribute securities in reliance on the exemptions included therein.In connection with the Offering, the Agents received a cash commission equal to 7.0% of the gross proceeds of the Offering and the Company issued to the Agent non-transferable warrants ("Broker Warrants") representing 3.0% of the aggregate number of Units sold pursuant to the Offering. Each Broker Warrant entitles the holder to purchase one Share of the Company at a price of $0.65 for a period of five (5) years from the closing of the Offering.The Company intends to use the net proceeds raised from the Offering to primarily carry out the next phase of technical and permitting work on the Company's Angel Island lithium project in Esmeralda County, Nevada, to support ongoing operations and to fund general working capital needs.This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or under any U.S. state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the "United States" or "U.S. persons" (as such terms are defined in Regulation S under the U.S. Securities Act) absent registration under the U.S. Securities Act and all applicable U.S. state securities laws or in compliance with an exemption therefrom.ABOUT CENTURY LITHIUM CORP.Century Lithium Corp. is an advanced-stage lithium development company focused on its 100%-owned Angel Island lithium project in Esmeralda County, Nevada. Angel Island hosts one of the largest known sedimentary lithium deposits in the United States and is designed with an integrated, end-to-end process for the on-site production of battery-grade lithium carbonate to support the electric vehicle and battery storage markets.The Company has developed a patent-pending process that incorporates hydrochloric acid leaching combined with direct lithium extraction to produce battery-grade lithium carbonate. As part of the integrated chlor-alkali process, Angel Island is designed to produce sodium hydroxide as a co-product, with planned surplus sales expected to lower operating costs, reduce reliance on externally sourced reagents, and minimize environmental impacts.Century Lithium is currently advancing Angel Island through the permitting process.Century Lithium trades on the TSX Venture Exchange under the symbol "LCE" the OTCQX under the symbol "CYDVF", and on the Frankfurt Stock Exchange under the symbol "C1Z".To learn more, please visit centurylithium.com.ON BEHALF OF CENTURY LITHIUM CORP.WILLIAM WILLOUGHBY, PhD., PE 
President & Chief Executive Officercenturylithium.comNEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.Forward-Looking Statements Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to: the Offering, the use of proceeds of the Offering, TSXV approvals and the Company's projects. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "anticipates", "anticipated", "expected", "intends", "will" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are from those expressed or implied by such forward-looking statements or forward-looking information subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals and the timing thereof. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.SOURCE Century Lithium Corp.

Original: CENTURY LITHIUM CLOSES C$7,000,000 BROKERED LIFE FINANCING

CENTURY LITHIUM ANNOUNCES UPSIZE OF BROKERED LIFE FINANCING TO C$7,000,000March 11, 2026 9:54 AM
PR Newswire (Canada)

/THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/VANCOUVER, BC, March 11, 2026 /CNW/ - Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) ("Century Lithium" or the "Company") is pleased to announce that, further to its news release dated March 10, 2026, and result of strong investor demand, the company has increased the size of its previously announced brokered private placement from C$5 million to C$7 million (the "Offering"), consisting of  14,893,617 units of the Company ("Units") at a price of $0.47 per Unit (the "Offering Price"). The Offering will be conducted on a commercially reasonable "best efforts" basis by A.G.P. Canada Investments ULC, acting as sole agent and bookrunner (the "Agent") for the Offering and A.G.P./Alliance Global Partners acting as sole U.S. placement agent for the Offering.







Each Unit will consist of one common share in the capital of the Company (a "Share") and one Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to acquire one additional Share (a "Warrant Share") at a price of $0.65 for a period of five (5) years from the closing of the Offering.The Units will be offered by way of the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions ("NI 45-106"), as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the "Order"), in each of the provinces of Canada (except Québec). Pursuant to NI 45-106 and the Order, the Units issued to Canadian residents under the Offering will not be subject to resale restrictions. The Company is relying on the exemptions in Part 5A of NI 45-106 and the Order, and is qualified to distribute securities in reliance on the exemptions included therein.The Units may also be offered to persons in the United States pursuant to Rule 506(b) of Regulation D under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and similar exemptions under applicable U.S. state securities laws, as well as in offshore jurisdictions as agreed upon by the Company and the Agent pursuant to relevant prospectus or registration exemptions under any domestic securities laws, and may have resale restrictions in accordance with applicable laws.In connection with the Offering, the Agent will receive a cash commission equal to 7.0% of the gross proceeds of the Offering and the Company will issue to the Agent non-transferable warrants ("Broker Warrants") representing 3.0% of the aggregate number of Units sold pursuant to the Offering. Each Broker Warrant will entitle the holder to purchase one Share of the Company at a price of $0.65 for a period of five (5) years from the closing of the Offering.The Company intends to use the net proceeds raised from the Offering to primarily carry out the next phase of technical and permitting work on the Company's Angel Island lithium project in Esmeralda County, Nevada, to support ongoing operations and to fund general working capital needs.The Offering is expected to close on or about March 16, 2026, or such other date that is within 45 days from the date of this news release, as the Company and the Agent may determine. The Offering remains subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, and compliance with the policies of the TSX Venture Exchange ("TSXV").There is an offering document related to the Offering that will be made available under the Company's profile on SEDAR+ at www.sedarplus.ca. The offering document will also be made available on the Company's website at www.centurylithium.com. Prospective investors should read this offering document before making an investment decision.This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the U.S. Securities Act or under any U.S. state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.ABOUT CENTURY LITHIUM CORP.Century Lithium Corp. is an advanced-stage lithium development company focused on its 100%-owned Angel Island lithium project in Esmeralda County, Nevada. Angel Island hosts one of the largest known sedimentary lithium deposits in the United States and is designed with an integrated, end-to-end process for the on-site production of battery-grade lithium carbonate to support the electric vehicle and battery storage markets.The Company has developed a patent-pending process that incorporates hydrochloric acid leaching combined with direct lithium extraction to produce battery-grade lithium carbonate. As part of the integrated chlor-alkali process, Angel Island is designed to produce sodium hydroxide as a co-product, with planned surplus sales expected to lower operating costs, reduce reliance on externally sourced reagents, and minimize environmental impacts.Century Lithium is currently advancing Angel Island through the permitting process.Century Lithium trades on the TSX Venture Exchange under the symbol "LCE" the OTCQX under the symbol "CYDVF", and on the Frankfurt Stock Exchange under the symbol "C1Z".To learn more, please visit centurylithium.com.ON BEHALF OF CENTURY LITHIUM CORP.
WILLIAM WILLOUGHBY, PhD., PE 
President & Chief Executive OfficerNEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.Forward-Looking Statements Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to: the Offering, completion of the Offering, the expected closing date of the Offering, the use of proceeds of the Offering, TSXV approvals and the Company's projects. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "anticipates", "anticipated", "expected", "intends", "will" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are from those expressed or implied by such forward-looking statements or forward-looking information subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals and the timing thereof. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.SOURCE Century Lithium Corp.

Original: CENTURY LITHIUM ANNOUNCES UPSIZE OF BROKERED LIFE FINANCING TO C$7,000,000

CENTURY LITHIUM FILES TECHNICAL REPORT ON THE FEASIBILITY STUDY FOR THE ANGEL ISLAND LITHIUM PROJECT, NEVADAMarch 9, 2026 1:45 PM
PR Newswire (US)

VANCOUVER, BC, March 9, 2026 /PRNewswire/ - Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) ("Century Lithium" or "the Company") is pleased to announce the filing of the report for the Company's 100%-owned Angel Island Lithium Project ("Angel Island", a.k.a. "Clayton Valley"), "UPDATED NI 43-101 TECHNICAL REPORT ON THE FEASIBILITY STUDY OF THE CLAYTON VALLEY LITHIUM PROJECT Esmeralda County, Nevada, USA", with effective date January 3, 2026 ("Feasibility Study" or "Report"), to support the disclosure in the Company's news release dated February 23, 2026. The Report was prepared in accordance with National Instrument 43-101 (NI 43-101) by Mineral Property Development ("MPDI"), Global Resource Engineering, Ltd. ("GRE") and SRK Incorporated ("SRK").







All currency amounts in this news release are presented in US dollars.The Feasibility Study incorporates the results of continued metallurgical testing, engineering optimization, refinement of the mine plan, and updated capital and operating cost estimates for Angel Island. Using a base case price of $24,000/tonne ("t") of lithium carbonate, Angel Island's estimated after-tax cash flow has a 27.4% Internal Rate of Return ("IRR") and a $4.01 billion Net Present Value ("NPV") at an 8% discount rate.Feasibility Study HighlightsAfter-tax NPV (8% discount rate) of $4.01 billion based on price assumptions of $24,000/t for lithium carbonate and $750/dry metric tonne for sodium hydroxideAfter-tax IRR of 27.4% Integrated patent-pending processing flowsheet, incorporating hydrochloric acid leaching, Direct Lithium Extraction ("DLE"), chlor-alkali processing, and on-site production of battery-grade lithium carbonate, validated through four years of pilot plant operations in NevadaLarge, long-life US-based lithium development project, with Proven and Probable Reserves supporting a mine life exceeding 60 yearsEconomic analysis based on a 40-year production schedule, with a life-of-mine average production of approximately 26,500 tonnes per annum ("tpa") of battery-grade lithium carbonatePhase 1 throughput of 7,500 tonnes per day ("tpd"), expanding to 15,000 tpd in Year 5 (Phase 2)Capital and Operating CostsPhase 1 estimated capital cost of $997 million Phase 2 estimated expansion capital of $660 millionAverage estimated operating cost of $22.45/t of mill feed, equivalent to $4,389 per tonne of lithium carbonateProject revenues from surplus sodium hydroxide equivalent to $5,393/t of lithium carbonate produced. When treated as a co-product credit, this would result in a net operating cost below zeroMineral Resource and ReserveMeasured and Indicated Mineral Resources of 1.138 billion t at 966 parts per million ("ppm") lithium, containing 5.852 million t lithium carbonate equivalent ("LCE")Proven and Probable Mineral Reserves of 287.65 million t at 1,149 ppm lithium, containing 1.759 million t LCEQualified PersonThe technical information contained in this news release was reviewed and approved by Richard W. Jolk, P.E., an independent Qualified Person as defined under National Instrument 43-101.ABOUT CENTURY LITHIUM CORP.Century Lithium Corp. is an advanced-stage lithium development company focused on its 100%-owned Angel Island lithium project in Esmeralda County, Nevada. Angel Island hosts one of the largest known sedimentary lithium deposits in the United States and is designed with an integrated, end-to-end process for the on-site production of battery-grade lithium carbonate to support the electric vehicle and battery storage markets.The Company has developed a patent-pending process that incorporates hydrochloric acid leaching combined with direct lithium extraction to produce battery-grade lithium carbonate. As part of the integrated chlor-alkali process, Angel Island is designed to produce sodium hydroxide as a co-product, with planned surplus sales expected to lower operating costs, reduce reliance on externally sourced reagents, and minimize environmental impacts.Century Lithium is currently advancing Angel Island through the permitting process.Century Lithium trades on the TSX Venture Exchange under the symbol "LCE" the OTCQX under the symbol "CYDVF", and on the Frankfurt Stock Exchange under the symbol "C1Z".To learn more, please visit centurylithium.com.ON BEHALF OF CENTURY LITHIUM CORP.WILLIAM WILLOUGHBY, PhD., PE       
President & Chief Executive OfficerNEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.Cautionary Note Regarding Forward-Looking StatementsThis release contains certain forward-looking statements within the meaning of applicable Canadian securities legislation. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" and similar expressions suggesting future outcomes or statements regarding an outlook.Forward-looking statements relate to any matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events which will or may occur in the future, without limitation, statements with respect to the potential development and value of the Project and benefits associated therewith, statements with respect to the expected project economics for the Project, such as estimates of life of mine, lithium prices, production and recoveries, capital and operating costs, IRR, NPV and cash flows, any projections outlined in the Feasibility Study in respect of the Project, the permitting status of the Project and the Company's future development plans.These and other forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause their actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein. These risks include those described under the heading "Risk Factors" in the Company's most recent annual information form and its other public filings, copies of which can be found under the Company's profile at www.sedarplus.com. The Company expressly disclaims any obligation to update-forward-looking information except as required by applicable law. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place reliance on forward-looking statements or information. Furthermore, Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.



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Original: CENTURY LITHIUM FILES TECHNICAL REPORT ON THE FEASIBILITY STUDY FOR THE ANGEL ISLAND LITHIUM PROJECT, NEVADA

CENTURY LITHIUM REPORTS UPDATED FEASIBILITY STUDY WITH AFTER-TAX NPV OF $4.01 BILLION AND OPERATING COSTS OF $4,389 PER TONNE OF LITHIUM CARBONATE FOR THE ANGEL ISLAND LITHIUM PROJECT, NEVADAFebruary 23, 2026 6:00 AM
PR Newswire (US)

FEASIBILITY STUDY HIGHLIGHTSAfter-tax NPV (using 8% discount rate) of $4.01 billion based on price assumptions of $24,000 per tonne ("/t") for lithium carbonate ("Li2CO3") and $750/dry metric tonne ("dmt") for Sodium Hydroxide ("NaOH")After-tax internal rate of return ("IRR") of 27.4% Integrated patent-pending processing flowsheet, incorporating hydrochloric acid leaching, Direct Lithium Extraction ("DLE"), chlor-alkali processing, and on-site production of battery-grade lithium carbonate, validated through four years of pilot plant operations in NevadaLarge, long-life U.S.-based lithium development project, with Proven and Probable Reserves supporting a mine life exceeding 60 yearsEconomic analysis based on a 40-year production schedule, with planned life-of-mine average production of approximately 26,500 tonnes per annum ("tpa") of battery-grade lithium carbonateInitial Phase 1 throughput of 7,500 tonnes per day ("tpd"), expanding to 15,000 tpd in Year 5 (Phase 2)Capital and Operating CostsPhase I capital cost of $997 million compared to $1.537 billion in the 2024 StudyPhase 2 expansion capital of $660 million compared to $651 million in the 2024 StudyAverage operating cost of $22.45 per tonne of mill feed, equivalent to $4,389 per tonne of lithium carbonate, compared to $8,223 per tonne in the 2024 StudyProject revenues from surplus sodium hydroxide equivalent to $5,393/t of lithium carbonate produced. When treated as a co-product credit, this would result in a net operating cost below zeroMineral Resource and ReserveMeasured and Indicated Mineral Resources of 1.138 billion tonnes at 966 parts per million ("ppm") lithium, containing 5.852 million tonnes lithium carbonate equivalent ("LCE")Proven and Probable Mineral Reserves of 287.65 million tonnes at 1,149 ppm lithium, containing 1.759 million tonnes LCEVANCOUVER, BC, Feb. 23, 2026 /PRNewswire/ - Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) ("Century Lithium" or "the Company") is pleased to announce the results of an updated National Instrument 43-101 ("NI 43-101") compliant Feasibility Study ("2026 Feasibility Study") for its 100%-owned Angel Island Lithium Project ("Angel Island") located in Esmeralda County, Nevada, USA.







The 2026 Feasibility Study incorporates the results of continued metallurgical testing, engineering optimization, refinement of the mine plan, and updated capital and operating cost estimates for Angel Island. The study demonstrates strong project economics, including an after-tax net present value ("NPV") of $4.01 billion.No material changes were made to the Mineral Resource or Mineral Reserve estimates used in the "NI 43-101 Technical Report on the Feasibility Study of the Clayton Valley Lithium Project, Esmeralda County, Nevada, USA", dated April 29, 2024 ("2024 Study") and are used in their entirety in the 2026 Feasibility Study. All currency amounts in this news release are expressed in U.S. dollars.2026 FEASIBILITY STUDY SUMMARYThe 2026 Feasibility Study confirms the technical and economic viability of developing the Angel Island project as a significant domestic source of battery-grade lithium carbonate in the United States.Mining is planned as a conventional open-pit operation extracting lithium-bearing claystone mineralization. Mined material will be processed on-site using hydrochloric acid leaching, solid-liquid separation, Direct Lithium Extraction ("DLE"), lithium carbonate precipitation, and an integrated chlor-alkali plant, resulting in on-site production of battery-grade lithium carbonate.The 2026 Feasibility Study reconfigures Angel Island into a two-phase development plan, consisting of an initial 7,500 tpd operation with expansion to 15,000 tpd. The third expansion phase contemplated in the 2024 Study was removed, simplifying project execution and reducing overall capital requirements.Bill Willoughby, President and CEO of Century Lithium commented:"The results of the 2026 Feasibility Study represent a material improvement. These results were made possible by Century Lithium's team who, through many steps of optimization including those at the Company's pilot plant, have delivered a more efficient development plan for the Project. In the 2026 Feasibility Study, this streamlined process is reflected in equipment and related infrastructure, importantly in electrical demand, and is seen in the resulting capital and operating cost estimates."CAPITAL AND OPERATING COSTSA Class 3 capital cost estimate was prepared in accordance with AACE guidelines, and Canadian Institute of Mining Metallurgy and Petroleum ("CIM") Best Practices. The updated costs were developed using second-quarter 2025 data.Phase 1 (7,500 tpd) initial capital cost: $997 millionPhase 2 (15,000 tpd) expansion capital cost: $660 millionReductions to estimated capital costs in the 2026 Feasibility Study relative to the 2024 Study are attributable to:Elimination of a previously planned third production phaseSimplification of project scope and installed capacityRefinement of the mine scheduling and equipment selectionProcessing flowsheet optimization informed by pilot plant operationsUpdated vendor pricing and construction cost inputsOperating costs benefit materially from Angel Island's planned vertically integrated chlor-alkali facility, which generates hydrochloric acid and produces surplus sodium hydroxide for sale.Average operating cost – Phase 1: estimated $30.59/t of mill feedAverage operating cost – Phase 2: estimated $22.16/t of mill feedMINERAL RESOURCES AND MINERAL RESERVESMineral Resource and Mineral Reserve estimates used in the 2026 Feasibility Study are unchanged from the prepared in accordance with NI 43-101 and CIM Definition Standards.Mineral Resources (inclusive of Mineral Reserves):Measured and Indicated: 1.138 billion tonnes at 966 ppm lithium, containing 5.852 million tonnes LCEInferred: 187.28 million tonnes at 820 ppm lithiumMineral Reserves:Proven and Probable: 287.65 million tonnes at 1,149 ppm lithium, containing 1.759 million tonnes LCEMineral Resources that are not Mineral Reserves do not have demonstrated economic viabilityECONOMIC ANALYSIS indicates Angel Island remains economically attractive across a wide range of commodity price and cost assumptions, with lithium price representing the most significant driver of Angel Island's value.Using a base-case lithium carbonate price of $24,000/t and an 8% discount rate, Angel Island generates:After-tax NPV: $4.01 billionAfter-tax IRR: 27.4%Profitability Index: 4.0Sensitivity analysis indicates Angel Island remains economically attractive across a wide range of commodity price and cost assumptions, with lithium price representing the most significant driver of Angel Island's value.NEXT STEPSCentury Lithium will continue to advance Angel Island toward development through submission of plan of operations, permitting, detailed engineering, and engagement with interested parties as the Project progresses toward a construction decision. Integral to these key steps are:Recent appointment of Cormac O'Laoire, PhD to advise the Company in discussions with potential downstream partners and offtake interests. The Company continues to make inroads in Washington DC and Nevada to convey the importance of Angel Island for a secure North American supply chain.Further evaluation of the economic potential for rare earth elements ("REE") recovery at Angel Island.Engagement of BMO Capital Markets to assist the Company in its efforts towards securing strategic interests and development funding.Addition, in 2025 to the US Federal Permitting Dashboard for FAST-41 transparency status. Inclusion to FAST-41 increases the Project's exposure to federal agencies and stakeholders to accelerate the permitting process.SUMMARY OF 2026 NI 43-101 FEASIBILITY STUDYThis summary forms an integral part of this news release.An NI 43-101 Feasibility Study on the Angel Island Lithium Project was prepared to update metallurgical results, mine planning assumptions, and capital and operating cost estimates relative to the 2024 Study.Unless otherwise stated herein, Mineral Resource and Mineral Reserve estimates, geological interpretations, and environmental and permitting assumptions remain materially unchanged from the 2024 Study.Property Description, Location, and TenureAngel Island is located in Esmeralda County, Nevada, USA, approximately 354 km southeast of Reno. Angel Island comprises 503 unpatented mining claims (276 placer and 227 lode claims) covering approximately 2,286 hectares, held 100% by Cypress Holdings (Nevada) Ltd., a wholly owned subsidiary of Century Lithium Corp. Existing royalty arrangements remain unchanged.Geology, Mineralization, and Deposit TypeAngel Island hosts a large, flat-lying sedimentary lithium claystone deposit within the Esmeralda Formation. Lithium mineralization occurs primarily within claystone, tuffaceous mudstone, and siltstone units. No material changes were made to the geological model, mineralization interpretation, or deposit classification from the 2024 Study.Exploration, Drilling, Sampling, and Data VerificationThe Mineral Resource and Mineral Reserve estimates are supported by 45 drill holes totaling approximately 3,955 meters, completed between 2017 and 2022. Drilling includes conventional core and sonic drilling. Sample preparation, analytical methods, QA/QC protocols, and data verification procedures remain unchanged from the 2024 Study and meet CIM and NI 43-101 standards.Mineral Resource Estimate (Unchanged from 2024 Study)The Mineral Resource estimate has an effective date of April 29, 2024, and remains unchanged in the 2026 Feasibility Study.Measured and Indicated Mineral Resources:1.138 billion tonnes at an average grade of 966 ppm lithium, containing 5.852 million tonnes LCEInferred Mineral Resources:187.28 million tonnes at an average grade of 820 ppm lithium, containing 0.817 million tonnes LCEMineral Resource EstimateDomainTonnes Above Cut-
off (millions)Li Grade (ppm)Li Contained (million t)LCE (million t)Measured858.269900.8504.523Indicated280.338910.2501.329Measured & Indicated1,138.599661.0995.852Inferred187.288200.1540.8171.The effective date of the Mineral Resource Estimate is April 29, 2024. The QP for the estimate is Ms. Terre Lane, MMSA, an employee of GRE and independent of Century.2.The Mineral Resources are constrained by a pit shell with a 200 ppm Li cut-off and density of 1.505 g/cm3. The cut-off grade considers an operating cost of$20/t mill feed, process recovery of 78% and a long-term lithium carbonate price of $24,000/t.3.The Mineral Resource estimate was prepared in accordance with 2014 CIM Definition Standards and the 2019 CIM Best Practice Guidelines.4.Mineral Resource figures have been rounded.5.One tonne of lithium = 5.323 tonnes lithium carbonate.6.Mineral Resources are inclusive of Mineral Reserves.Mineral Resources are constrained by a pit shell using a 200 ppm lithium cut-off grade and assume a bulk density of approximately 1.5 tonnes per cubic meter ("t/m³"). Mineral Resources are inclusive of Mineral Reserves. Higher recoveries demonstrated through pilot-scale testing were determined to not materially affect the selected cut-off grade or the reported Mineral Resource tonnage or grade.Mineral Reserve Estimate (Unchanged from 2024 Study)The Mineral Reserve estimate also has an effective date of April 29, 2024, and remains unchanged.Proven and Probable Mineral Reserves:287.65 million tonnes at an average grade of 1,149 ppm lithium, containing 1.759 million tonnes LCEMineral Reserves are reported at a 900 ppm lithium cut-off grade, which is approximately 4.5 times the calculated break-even cut-off grade, and support a mine life exceeding 60 years, with a 40-year production schedule used in the economic analysis.Mineral Reserve EstimateDomainTonnes Above Cut-off (millions)Li Grade (ppm)Li Contained(million t)LCE (million t)Proven266.391,1470.3061.626Probable21.261,1740.0250.133Proven & Probable 287.651,1490.3301.7591.The effective date of the Mineral Reserve Estimate is April 29, 2024. The QP for the estimate is Ms. Terre Lane, MMSA, an employee of GRE and independent of Century.2.The Mineral Reserve estimate was prepared in accordance with 2014 CIM Definition Standards and 2019 CIM Best Practice Guidelines. 3.Mineral Reserves are reported within the final pit design at a mining cut-off of 900 ppm. The mine operating cost is $5.44/t milled, processing cost of $40.9/t milled, G&A cost of $2.68/t milled and a credit for the NaOH sales of $28.95/t milled. The NaOH sales credit is proportionally applied to all the operating costs to get appropriate costs for the cut-off grade calculation. The cut-off grade considers a mine operating cost of $2.22/t, a process operating cost of $16.69/t milled, a G&A cost of $1.09/t milled, process recovery of 78% and a long-term lithium carbonate price of $24,000/t.4.The cut-off of 900 ppm is an elevated cut-off selected for the mine production schedule as the elevated cut-off is 4.5 times higher than the break-even cut-off grade.5. Mineral Reserve figures have been rounded.6.One tonne of lithium=5.323 tonnes lithium carbonateMining Methods and Production ScheduleMining will be conducted as a conventional open-pit operation using free-digging equipment, including dozers, shovels, and haul trucks. No drilling or blasting is required.The mine plan reflects a two-phase development strategy:Phase 1: 7,500 tpd of mill feedPhase 2: expansion to 15,000 tpdA previously planned third expansion phase was eliminated. The production schedule prioritizes near-surface, higher-grade mineralization in the early years, reducing waste movement and improving capital efficiency.Mineral Processing and MetallurgyThe processing flowsheet consists of:High-pH attrition scrubbingHydrochloric acid leachingNeutralization and pressure filtration with dry-stack tailingsDirect Lithium ExtractionLithium carbonate precipitation, drying, and packagingReagent generation via on-site chlor-alkali plantMetallurgical assumptions are supported by multi-year pilot plant operations through mid-2025. Leach extraction of approximately 90% was demonstrated, resulting in an overall lithium recovery of approximately 84%. A final lithium carbonate product grading >99.9% purity was consistently achieved.Angel Island facilities include an integrated chlor-alkali plant producing hydrochloric acid and sodium hydroxide. Surplus sodium hydroxide, as produced in excess in conjunction with the design production of hydrochloric acid, is expected to be sold, contributing substantial additional revenue and thereby reducing effective operating cost.Capital CostsA Class 3 capital cost estimate was prepared in accordance with AACE International guidelines. The updated costs were developed using second-quarter 2025 data: Phase 1 (7,500 tpd) initial capital cost: estimated $997.4 millionPhase 2 (15,000 tpd) expansion capital cost: estimated $660.2 millionReductions to estimated capital costs relative to the 2024 Study are attributable to the elimination of a third production phase, simplification of installed capacity, processing flowsheet optimization, and updated vendor and construction cost inputs.Estimated Capital CostsInitial Phase 1 ($M)Years 5+Phase 2 ($M)7,500 t/dExpansion
to 15,000 t/dMining & Support Equipment$23.5$43.7Site Preparation and Roads$3.0$4.5Processing Facilities$611.6$341.1Infrastructure$167.5$135.2Working Capital$14.0$0.0Owner's Costs$88.2$62.8EPCM$24.1$19.5Freight$4.7$3.4Cap Cost Contingency$60.7$50.0Total Capital Cost$997.4$660.2The chlor-alkali plant cost is $481.5 million in Phase 1 and $256.8 million in Phase 2, included in Processing Facilities, and is vendor all-in turn-key constructed costs, inclusive of indirect costs, owners' costs and contingency. Operating CostsAverage operating cost estimates were updated based on refined mine scheduling, updated reagent consumption, and pilot-validated process parameters.Average operating cost: approximately $22.45/t of mill feed, or $4,389/t of lithium carbonate.Sodium hydroxide by-product revenue is equivalent to $5,393/t of lithium carbonate. If credited against operating costs (which was not done in the average operating cost above), base operating costs would be negative.Estimated Operating CostsInitial Phase 1 (7,500 tpd mill feed)$(000s)/y$/t feed$/t LCE% of TotalMining$12,648$5.25$1,09217 %Process $22,272$9.24$1,82930 %Process (chlor-alkali plant)$33,254$13.79$2,73045 %G&A$5,583$2.32$4588 %Total Operating Cost$73,757$30.59$6,110100 % Expansion Phase 2(15,000 tpd mill feed)$(000s)/y$/t feed$/t LCE% of TotalMining$20,056$3.66$68517 %Process $29,981$5.48$1,06525 %Process (chlor-alkali plant)$65,353$11.94$2,32254 %G&A$5,993$1.09$2135 %Total Operating Cost$121,383$22.16$4,285100 %Economic AnalysisThe economic analysis of Angel Island was done using a discounted cash flow ("DCF") model using only the first 40 years of project life. Cash flows in the model were based on second-quarter 2025 U.S. dollars with no escalation of costs or revenues. The DCF model uses a base-case discount rate of 8%. Financing costs were excluded from the valuation.The analysis includes generating gross sales from lithium carbonate and sodium hydroxide, before-tax cash flow, which is gross sales minus operating costs, and after-tax cash flow, which is before-tax cash flow minus taxes and capital costs. The NPV and IRR were calculated from the DCF.The economic analysis uses a base-case lithium carbonate price of $24,000/t and an 8% discount rate.After-tax NPV: $4.01 billionAfter-tax IRR: 27.4%Profitability Index: 4.0Sensitivity to Lithium Carbonate PriceSensitivity analyses demonstrate Angel Island economics are most sensitive to lithium price and remain robust across a wide range of cost and price assumptions.Sensitivity AnalysisLithium Carbonate Price $18,000/t$24,000/t$30,000/tAfter-tax NPV$2.75 B$4.01 B$5.26 BAfter-tax IRR22.2 %27.4 %32.1 %Profitability Index2.84.05.3Environmental, Permitting, and Social ConsiderationsBaseline environmental studies are complete. Permitting is expected to proceed under the National Environmental Policy Act ("NEPA") through the US Bureau of Land Management. Angel Island is currently in the permitting stage, with no material changes to the permitting pathway outlined in the 2024 Study.Interpretation and ConclusionsThe 2026 Feasibility Study concludes that the Angel Island project is technically and economically viable, with improved capital efficiency, reduced execution risk, and robust long-term economics. The simplified two-phase development plan, extensive metallurgical validation, and integrated chlor-alkali process support Angel Island's competitiveness as a domestic US. source of battery-grade lithium carbonate.In addition, the integrated chlor-alkali process also provides environmental and operational advantages relative to sulfuric acid-based systems, including on-site reagent production.RecommendationsWork recommended to advance Angel Island and continue project development is as follows:A Plan of Operations ("PoO") should be completed and filed with the BLM to initiate the National Environmental Policy Act ("NEPA") process; and begin the permitting process with the State of Nevada to work concurrently with the federal process.Additional geotechnical data should be collected to supplement the existing characterization data and further support the tailings storage facility (TSF) design, infrastructure foundation design for the processing plant and load bearing capacity of materials in the pit during mining.Additional pilot testing should be completed on deeper material from claystone zones 1 and 2 collected previously, to further confirm the metallurgy of these materials.Infrastructure work should be completed as follows: 1) initiate preliminary engineering studies with NV Energy for the interconnection of the Project to the electrical grid, 2) define a water source for the Project with a drilling program using piezometers and other pumping tests to be developed under the Company's water rights permit, and 3) locate local sources of barrow material for construction use at the Project.Detailed engineering should begin when the NEPA process commences and be completed in appropriate phases to develop the Project design to a level sufficient to support procurement, construction planning, and financing.A supplemental infill drilling program is recommended, though not required, with the following goals: 1) collect additional data for the Project's Phase 1 economic and mining models, 2) material for additional density test work, and 3) material for geotechnical test work.QUALIFIED PERSON RESPONSIBILITY MATRIXRichard W. Jolk, P.E., PhD Principal, MPDI Preparation and integration of the 2026 Feasibility Study, review of prior and current sections, coordination with contributing QPs, economic analysis, capital and operating cost assessment, interpretation, conclusions, recommendations, and final QP sign-off.Todd S. Fayram, QP, MMSA No. 01300 Senior Vice President – Metallurgy, Century LithiumMineral processing and metallurgical testing updates; metallurgical data for mine and process costs and economic analysis; capital and operating cost assessment, partial data verification, summary, interpretation, conclusions, and recommendations.Terre A. Lane, QP, MMSA No. 01407 Principal Mining Engineer, GRE Property details, location, accessibility, climate, resources, infrastructure, physiography, resource and reserve estimates, mining methods, and mining portion of capital and operating costs, economic assessment, data verification, summary and introduction, interpretation, conclusions, and recommendations.Dr. Hamid Samari, QP, MMSA No. 01519 Principal Geologist, GRE History, geology, mineralization, deposit types, drilling, sample procedures and security, data verification, summary, introduction, interpretation, conclusions, and recommendations.Haiming (Peter) Yuan, P.E., PhD Principal Geotechnical Engineer, SRK Dry stack TSF, environmental studies, permits, social and community impacts, partial data verification, partial summary and introduction, partial interpretation and conclusions, and partial recommendations.QUALIFIED PERSONThe technical information contained in this news release has been reviewed and approved by Richard W. Jolk, P.E., an independent Qualified Person as defined under National Instrument 43-101.DISCLOSUREFurther information about Angel Island, including a description of the key assumptions, parameters, description of sampling methods, data verification and quality assurance/quality control programs, methods relating to Mineral Resources and Mineral Reserves and factors that may affect those estimates will be contained in a NI 43-101 Technical Report on the Feasibility Study of the Angel Island Lithium Project. Following Section 3.4 of NI 43-101 the report will be available on SEDAR+ and on the Company's website within 45 days of the date of this news release.ABOUT CENTURY LITHIUM CORP.Century Lithium Corp. is an advanced-stage lithium development company focused on its 100%-owned Angel Island lithium project in Esmeralda County, Nevada. Angel Island hosts one of the largest known sedimentary lithium deposits in the United States and is designed with an integrated, end-to-end process for the on-site production of battery-grade lithium carbonate to support the electric vehicle and battery storage markets.The Company has developed a patent-pending process that incorporates hydrochloric acid leaching combined with direct lithium extraction to produce battery-grade lithium carbonate. As part of the integrated chlor-alkali process, Angel Island is designed to produce sodium hydroxide as a co-product, with planned surplus sales expected to lower operating costs, reduce reliance on externally sourced reagents, and minimize environmental impacts.The Angel Island Project is currently advancing through the permitting process.Century Lithium trades on the TSX Venture Exchange under the symbol "LCE" the OTCQX under the symbol "CYDVF", and on the Frankfurt Stock Exchange under the symbol "C1Z".To learn more, please visit centurylithium.com.ON BEHALF OF CENTURY LITHIUM CORP.WILLIAM WILLOUGHBY, PhD., PE
President & Chief Executive Officercenturylithium.comNEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.Cautionary Note Regarding Forward-Looking StatementsThis release contains certain forward-looking statements within the meaning of applicable Canadian securities legislation. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" and similar expressions suggesting future outcomes or statements regarding an outlook.Forward-looking statements relate to any matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events which will or may occur in the future, without limitation, statements with respect to the potential development and value of the Project and benefits associated therewith, statements with respect to the expected project economics for the Project, such as estimates of life of mine, lithium prices, production and recoveries, capital and operating costs, IRR, NPV and cash flows, any projections outlined in the Feasibility Study in respect of the Project, the permitting status of the Project and the Company's future development plans.These and other forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause their actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein. These risks include those described under the heading "Risk Factors" in the Company's most recent annual information form and its other public filings, copies of which can be under the Company's profile at www.sedarplus.com. The Company expressly disclaims any obligation to update-forward-looking information except as required by applicable law. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place reliance on forward-looking statements or information. Furthermore, Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.



View original content to download multimedia:https://www.prnewswire.com/news-releases/century-lithium-reports-updated-feasibility-study-with-after-tax-npv-of-4-01-billion-and-operating-costs-of-4-389-per-tonne-of-lithium-carbonate-for-the-angel-island-lithium-project-nevada-302694442.htmlSOURCE Century Lithium Corp.

Original: CENTURY LITHIUM REPORTS UPDATED FEASIBILITY STUDY WITH AFTER-TAX NPV OF $4.01 BILLION AND OPERATING COSTS OF $4,389 PER TONNE OF LITHIUM CARBONATE FOR THE ANGEL ISLAND LITHIUM PROJECT, NEVADA

The company needs to continue to develop its refining processes and cultivating its other markets while the oversupply works itself out. I don't know the credibility of these guys but they have a bright forecast into mid-2026.

https://www.tradingview.com/symbols/TSXV-LCE/forecast/

There is an oversupply of lithium for next few years with a current LCE price of $10-11k/ton. The FB study is based on a "Benchmarket" price of around $22k/ ton LCE. Not very attractive as an investment?

it is time to start looking at Lithium Stocks, which have been beaten down and have found a bottom. consolidating now for the push up. get in early!! they will move in 2025, all new administration pro mining and deregulation. lots of e bikes, cars, scooter sales and lithium is in demand. do you own dd. these stocks will move soon. glta!!

$3B NPV *
—————— = $20 share price
146M shares

* requires the investment market to “buy into” the NPV, have faith and trust in the mgmt team’s ability to deliver well, and believe that high purity lithium will be in high demand through phase III.

BTW, Lithium demand is expected to grow by 500% from now through 2030. Lithium the commodity is projected to be near or at the bottom price.

Increases in Lithium prices appear to be uniformly significant through
2030.

Sounds promising! Especially combined with Century Lithium Corp’s more efficient and cost effective DLE process.

CYDVF has been shorted 60% over the past 5 days (source: ShortVolumes). Knowing the press release will give the PPS a boost (HUGE net present value gain), I imagine shorts have been busy covering today. I've taken advantage of the cheaper shares as I'm sure other longs have.

Thank you for posting the feasibility study highlights. Much appreciated.

$3 Billion Net Present Value

Currently at $80 million market cap

WOWZA !!!!!

4/29/24
Century Lithium Announces Positive Feasibility Study for the Clayton Valley Lithium Project, Nevada

FEASIBILITY STUDY HIGHLIGHTS

Large-Scale Nevada-based Lithium Project: three-phase production plan will generate a life-of-mine average of 34,000 tonnes per annum (tpa) of battery-quality lithium carbonate (Li2CO3)
Innovative Approach in Processing: patent-pending chloride leaching process combined with Direct Lithium Extraction (DLE), the Feasibility Study is supported by 2+ years of testing at the Company’s Pilot Plant
Mineral Resource Estimate: Measured and Indicated resources totaling 1,207.33 million tonnes (Mt) at an average grade of 957 parts per million (ppm) lithium (Li) containing 1.155 Mt of Li or 6.148 Mt of lithium carbonate equivalent (LCE)
Long 40-Year Mine Life: Proven and Probable Mineral Reserve Estimate totaling 287.65 Mt at an average grade of 1,149 ppm Li containing 0.330 Mt of lithium or 1.759 Mt of LCE
Initial Project: Phase 1 Capital Cost $1.537 billion for production capacity of 13,000 tpa LCE
Designed for Expansion: Phase 2 $0.651 billion for 28,000 tpa LCE, and Phase 3 $1.336 billion for 41,000 tpa LCE; Project expansions are capitalized with Project cash flow
Low Operating Cost: average operating cost $8,223/t of Li2CO3 produced, or $2,766/t after sales of surplus sodium hydroxide (NaOH)
After-tax IRR of 17.1% at $24,000/t Li2CO3: $3.01 billion after-tax net present value (NPV) at 8% discount rate and a 17.1% after-tax internal rate of return (IRR), using price assumptions of $24,000/t for Li2CO3 and $600/dry metric tonne (dmt) for NaOH

Nice. Looks like the company is coming out of the long slog to production. Much brighter days ahead.

Century Lithium Provides Update On The Feasibility Study
April 19, 2024 – Vancouver, Canada – Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) (Century Lithium or Company) reports that the Feasibility Study on the Company’s Clayton Valley Lithium Project (Project), in Nevada, USA, under the direction of Wood PLC and Global Resource Engineering Ltd., is currently under review by the Qualified Persons, and the Company anticipates its announcement imminently.

To date, the Company’s Feasibility Study team has revised and updated estimates for a phased production approach at the Project. These revisions also included assessment and evaluation of the economic benefit of sales of the surplus sodium hydroxide produced by the chlor-alkali plant.

The Company’s Lithium Extraction Facility (Pilot Plant) in Amargosa Valley, Nevada is now in its third year of testing the processing of lithium-bearing claystone from the Project. All data collected has been essential to the Feasibility Study. Century Lithium continues to work toward permitting the Project including the collection of baseline data collection for biology, surface and groundwater hydrology, and social impacts. Earlier this year, baseline reports were submitted by the Company’s consultants and were accepted by the appropriate government agencies. Multiple reports have been completed which will aide in the preparation of a Plan of Operations to initiate the National Environmental Policy Act (NEPA) process.

About Century Lithium Corp.

Century Lithium Corp. (formerly Cypress Development Corp.) is an advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in west-central Nevada, USA. Century Lithium is currently in the pilot stage of testing on material from its lithium-bearing claystone deposit at its Lithium Extraction Facility in Amargosa Valley, Nevada and progressing towards completing a Feasibility Study and permitting, with the goal of becoming a domestic producer of lithium for the growing electric vehicle and battery storage market.


ON BEHALF OF CENTURY LITHIUM CORP.
WILLIAM WILLOUGHBY, PhD., PE
President & Chief Executive Office

For further information, please contact:
Spiros Cacos | Vice President, Investor Relations
Direct: +1 604 764 1851
Toll Free: 1 800 567 8181
scacos@centurylithium.com
centurylithium.com

Century Lithium Reconfirms Production Of Battery Grade Purity Lithium Carbonate And Provides Update On Feasibility Study

May 25, 2023 – Vancouver, Canada – Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) (Century Lithium or the Company) is pleased to report it has repeated the production of a high-purity lithium carbonate (Li2CO3) grading 99.87% with lithium-bearing claystone from the Company’s 100%-owned Clayton Valley Lithium Project (Project) in Nevada, USA. Several kilograms of the high purity Li2CO3were made from the intermediate lithium solutions generated in January at the Company’s Lithium Extraction Facility (Pilot Plant) in Amargosa Valley, Nevada. Following leaching and direct lithium extraction (DLE) at the Pilot Plant, solutions were shipped to Saltworks Technologies Inc. (Saltworks) where the final processing was completed.

“These results are in line with those we reported in September 2022, when we achieved a significant milestone in making lithium carbonate grading 99.94%” stated Bill Willoughby, President and CEO of Century Lithium. “The latest results confirm our ability to obtain a high purity lithium product with a low level of impurities from our claystone process.”

Century Lithium has now successfully repeated steps from test mining through to the manufacture of battery-grade Li2CO3. The table below is a comparison of the latest results with those from September 2022. Also shown, are the constituent levels for battery grade lithium carbonate as published by two major producers. The results for the Company’s lithium carbonate material assays were finalized by Saltworks and SGS Canada Inc.

Century Li2CO3
May 2023

Century Li2CO3
September 2022

Reference
Source 1

Reference
Source 2

Li2CO3 wt% 99.875 99.94 >99.5 >99.5
H2O wt% 0.03 0.01 <0.2 <0.5
Na wt% 0.047 0.02 <0.03 <0.05
Ca wt% 0.009 0.02 <0.01 <0.04
Fe Wppm 3 15 10 <5
Al Wppm <2 6 10 <10
Cu Wppm <4 <4 10 <5
Ni Wppm <5 <5 10 <6
Cl wt% 0.008% 0.008% <0.01% <0.01%
Scroll right to view more

Notes: wt% (weight percent), wppm (weight parts per million), calculated Li2CO3 purity based on sum of impurities measured above detection limit
Source 1 & 2: public company’s published composition of battery grade Li2CO3 ,

Feasibility Study Update

A Feasibility Study on the Project (Study) began in February 2022, with the engagement of Wood PLC as independent lead author. The Study has progressed well, with contributions from Global Resource Engineers, WSP USA Environment & Infrastructure Inc., and thyssenkrupp nucera, and with the support of Century Lithium’s personnel and consultants.

Major areas of the Study are completed and estimates for capital and operating cost estimates received, including those for the chlor-alkali plant portion of the Project. Wood is in the process of consolidating the estimates and reviewing them with Century, along with evaluating further optimization and opportunities for cost reductions. This optimization work will extend beyond the previously estimated mid-year completion date for the Study. The Company continues to focus on the Study and will provide updates in due course.

At the Pilot Plant, the collaboration of Century Lithium and Koch Technology Solutions (KTS) is underway testing the KTS Li-Pro™ process for DLE. Century Lithium personnel are working closely with KTS in the testing program, which has now completed its third 7-day cycle of operation. Thus far, the KTS process equipment has operated exceptionally well, using feed solution from the Pilot Plant, and the Company is very pleased with its performance.

Qualified Person

Todd Fayram, MMSA-QP and Daniel Kalmbach, CPG, are the qualified persons as defined by National Instrument 43-101 and have approved the technical information in this release.

About Century Lithium Corp.

Century Lithium Corp. (formerly Cypress Development Corp.) is an advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in west-central Nevada, USA. Century Lithium is currently in the pilot stage of testing on material from its lithium-bearing claystone deposit at its Lithium Extraction Facility in Amargosa Valley, Nevada and progressing towards completing a Feasibility Study and permitting, with the goal of becoming a domestic producer of lithium for the growing electric vehicle and battery storage market.

ON BEHALF OF CENTURY LITHIUM CORP.
WILLIAM WILLOUGHBY, PhD., PE
President & Chief Executive Officer

For further information, please contact:
Spiros Cacos | Vice President, Investor Relations
Direct: +1 604 764 1851
Toll Free: 1 800 567 8181
scacos@centurylithium.com
centurylithium.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

Cautionary Note Regarding Forward-Looking Statements

futr

Clayton Valley Lithium Highlights from Pre feasibility Report

26%Internal Rate of Return (after tax)
40+Years of Mine Life
27.4K
Average Annual Production of Battery- Quality Lithium Carbonate (Li2CO3)
$1.03B Net

The Final Feasibility Report due in less than 2 months will blow these numbers away
Projected Net Present Value between 2-3 billion dollars
100+ years of mine life
Share price can easily hit $15-20 in next 2 years.
Longs soon to be rewarded huge !

GLTA

Century Lithium is advancing the Clayton Valley lithium deposit towards a production decision

4 days ago Resource World
February 23,2023

By Ian Foreman

Century Lithium Corp. [LCE–TSXV; CYDVF-OTCQX] is a company on a mission – it is advancing its wholly owned Clayton Valley Lithium Project to a production decision as quickly as possible with the goal of becoming a domestic producer of lithium for the growing electric vehicle and battery storage market.

And this isn’t just wishful thinking… the 5,585 acre Clayton Valley Lithium Project, located in west-central Nevada, is host to a sizeable flat-lying deposit that is exposed at surface and continues to a depth of 467 feet. The probable mineral reserve totals 213 million tonnes with an average grade of 1,129 parts per million (‘ppm’) lithium using a cut-off grade of 900 ppm lithium and the indicated mineral resource totals 1,304 million tonnes with an average grade of 905 ppm lithium based on cut-off grade of 400 ppm lithium.

Their encouraging pre-feasibility study on the project indicated the potential for a 40-year mine life with an average mine production rate of 15,000 tonnes per day to produce 27,400 tonnes Lithium Carbonate Equivalent (“LCE”) annually. To further the potential economics the study showed a 25.8 % internal rate of return, and a capital cost payback of 4.4 years based on a lithium carbonate price of $9,500 per tonne.

Setting a frenetic pace

In order to reach a production decision as quickly as possible Century Lithium has set an aggressive schedule to advance their project. This includes continued testing of lithium-bearing claystone material at its lithium extraction facility while moving toward the completion of a feasibility study, which they anticipate having completed prior to Q3 2023.

With the anticipated favourable results of the feasibility study, the company plans to complete a Plan of Operations, begin the national environmental permitting process with the Bureau of Land Management, begin their environmental impact study, and begin state and local permitting processes – all prior to the end of 2023.

Should everything advance on schedule, they forecast that construction could begin as soon as the second half of 2025.

Refining the extraction process

The management of Century Lithium have tackled the challenges of being one of only three to advance a Nevada claystone lithium project to the feasibility stage head on. There wasn’t a roadmap as there is for the other commodities. As such they realized early on that they needed to get a handle on the recovery process(es) for lithium extraction. To that end they set up a lithium extraction facility, or pilot plant, which is located at del Sol Refining, approximately 125 miles south of their project. This pilot plant is providing essential data for the ongoing feasibility study and is now one of the largest, fully permitted and active lithium extraction facilities in North America. Since its start-up, the pilot plant has operated in 28 cycles of continuous 24/7 operation and has tested almost 10,000 samples of solutions, solids and precipitates.

In September of 2022 Century Lithium achieved a significant milestone when they successfully produced 99.94 % Li2CO3 (“lithium carbonate”), which not only surpasses the industry standard for battery grade lithium carbonate but achieves the standard for enhanced battery grade lithium carbonate for electric vehicle use.

Lithium battery manufactures will have specific requirements for lithium carbonate used in their products dependent on application. To that end, Century Lithium is producing marketing samples to support negotiations with potential offtake and strategic partners.

This month the company announced a continuation of its collaboration with Koch Technology Solutions, a Koch Engineered Solutions company, in the application of the Li-Pro™ process for direct lithium extraction. The Li-Pro™ process is made up a series of specialized separation processes for lithium extraction and refinement that produces a purified, concentrated lithium chloride product that is suitable for conversion to lithium carbonate or lithium hydroxide for use in battery production.

As part of the program, which is independent from the ongoing feasibility study, certain key components of the Li-Pro™ process will be tested at Century Lithium’s pilot plant. The information obtained from these new studies is anticipated to be included in the full-scale deployment of the Li-Pro™ process in the near future.

Feasibility Study and Environmental Considerations

The feasibility study on the project began in February 2022 and is advancing on schedule. The on-site infrastructure designs, including mine, processing plant, and tailings and waste storage facilities are completed. The cost estimation and market studies are underway as well as assessments for construction, component lead-time and off-site infrastructure. The updated resource and reserve estimates are scheduled to be the next completed tasks. These will then await the integration of the design, engineering and cost estimates for the chlor-alkali plant, which are also underway.

Mine planning relies on many complex factors with the environmental considerations of a future mine being of paramount importance. Water in Nevada is a limited resource and Century Lithium owns water rights in Clayton Valley that will provide a majority of the project’s future water requirements. A vast majority of the water will be used in the processing of the lithium bearing claystones. The Li-ProTM process that is being implemented in the pilot plant optimizes water usage and will minimize the amount of water required. In addition to this, the Pilot Plant has successfully operated using 100% recycled solutions.

The foresight of management doesn’t stop at working to source and limit its water use; in a move to anticipate the future requirements for power, the company is helping mitigate its future energy requirement by purchasing a geothermal lease in the Clayton Valley and is currently pursuing options for solar power generation near the project. Infrastructure surrounding the project is good as the property lies immediately east of Albemarle’s (ALB – NYSE) Silver Peak mine, North America’s only lithium brine operation.

So, all the pieces seem to be falling into place for Century Lithium – the deposit has robust economics, a feasibility study is nearing completion, and it seems that a production decision is on the horizon. The market reacted very positively to their recent name change, from Cypress Development, as it better reflects the company, it’s project and its vision.

Are the stars aligned for Century Lithium to become North America’s first producer of lithium from claystone? Well, if management has anything to do with it, their diligence will be paid off in spades.

Thanks......I was wondering


Up 9pct to 1.19

https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Alce&x=0&y=0&time=100&startdate=2%2F4%2F2020&enddate=2%2F19%2F2023&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9

Cypress Development Corp. changed to Century Lithium Corp.:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

NEWS RELEASE

Cypress Development Changes Name to Century Lithium Corp and New Ticker Symbol ‘LCE’ Effective January 30, 2023
January 26, 2023 – Vancouver, Canada – Cypress Development Corp. (TSXV: CYP) (OTCQX: CYDVF) (Frankfurt: C1Z1) (“Cypress” or “the Company”) is pleased to announce that further to its news release dated January 24, 2023, the TSX Venture Exchange (the “TSXV”) has approved the Company’s name change from Cypress Development Corp. to Century Lithium Corp. The Company will also change its trading symbol from ‘CYP’ to ‘LCE’ on the TSXV. The effective date on which the Company will begin trading under the new name and symbol is January 30, 2023. The CUSIP number is 156615106.

The transfer agent of the Company continues to be Computershare Investor Services Inc. There is no change in the capitalization of the Company in connection with the change of name and trading symbol and no action is required by existing shareholders with respect to this matter. Shareholders holding share certificates of the Company can request a replacement certificate, however new certificates are not required and will not be automatically issued.

About Cypress Development Corp

Cypress Development Corp. is a Canadian based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in Nevada, USA. Cypress is in the pilot stage of testing on material from its lithium-bearing claystone deposit and progressing towards completing a Feasibility Study and permitting, with the goal of becoming a domestic producer of lithium for the growing electric vehicle and battery storage market.

ON BEHALF OF CYPRESS DEVELOPMENT CORP.

WILLIAM WILLOUGHBY, PhD., PE
President & Chief Executive Officer

For further information, please contact:

Spiros Cacos | Vice President, Investor Relations
Direct: +1 604 764 1851 | Toll Free: 1 800 567 8181
Email scacos@cypressdevelopmentcorp.com
www.cypressdevelopmentcorp.com

NEWS RELEASE

Cypress Development To Change Name To Century Lithium Corp
January 24, 2023 – Vancouver, Canada – Cypress Development Corp. (TSXV: CYP) (OTCQX: CYDVF) (Frankfurt: C1Z1) ( “Cypress” or “the Company”) announces that the Board of Directors has approved a name change of the Company from Cypress Development Corp. to Century Lithium Corp.

The Company will also change the ticker symbol upon which it trades on the TSX Venture Exchange (“TSXV”). The Company will issue a further news release announcing the date that trading under the new name, symbol and CUSIP number will commence. The name change remains subject to TSXV approval.

About Cypress Development Corp
Cypress Development Corp. is a Canadian based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in Nevada, USA. Cypress is in the pilot stage of testing on material from its lithium-bearing claystone deposit and progressing towards completing a Feasibility Study and permitting, with the goal of becoming a domestic producer of lithium for the growing electric vehicle and battery storage market.

ON BEHALF OF CYPRESS DEVELOPMENT CORP.

WILLIAM WILLOUGHBY, PhD., PE

President & Chief Executive Officer

For further information, please contact:

Spiros Cacos | Vice President, Investor Relations
Direct: +1 604 764 1851 | Toll Free: 1 800 567 8181 | Email scacos@cypressdevelopmentcorp.com
www.cypressdevelopmentcorp.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.


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Follow Cypress Development Corp.

Cypress Development Corp.
NEWS RELEASE

Cypress Development Provides Progress Update On Feasibility Study And Lithium Extraction Facility
January 23, 2023 – Vancouver, Canada – Cypress Development Corp. (TSXV: CYP) (OTCQX: CYDVF) (Frankfurt: C1Z1) (“Cypress” or “the Company”) is pleased to provide a progress update on its ongoing Feasibility Study being conducted on the Company’s Clayton Valley Lithium Project (“Project”) near Silver Peak, Nevada, and on its operational Lithium Extraction Facility (“Pilot Plant”) in Amargosa Valley, Nevada.

Highlights

The Pilot Plant continues to function as designed, working to optimize the Project’s flowsheet. The Plant leaches lithium-bearing claystone material, through to the production of concentrated lithium solution using the Company’s Direct Lithium Extraction (“DLE”) process.
Additional piloting runs will take place at Saltworks Technologies, Inc. following the successful production of lithium carbonate (“Li2CO3”) from the Pilot Plant’s concentrated lithium solutions.
The Project’s Feasibility Study is on schedule and is continuing to advance toward an anticipated second quarter 2023 completion.
Arrangements are proceeding to initiate federal, state, and local permitting for the Project, with compilation of data and evaluation of related infrastructure, including access, water, and power supply corridors.
Ahead of the Feasibility Study and permitting, Cypress management is assessing personnel needs and future Project financing opportunities and structures, which may include government grants and loans.
Pilot Plant

Cypress continues to conduct testing at its Pilot Plant with the support of del Sol Refining, Inc. Since its start-up, the Pilot Plant has operated in 28 cycles of continuous 24/7 operation, with minimal down-time and maintenance matters. The test work was conducted using multiple configurations and equipment to best replicate the Project flowsheet. In the testing to date, nearly 10,000 samples of solutions, solids and precipitates have been collected and analyzed. Other data collection, including recording of flow rates and physical conditions at key sample points throughout the Pilot Plant, has been conducted, with particular attention to the DLE section of the Pilot Plant to develop the Project’s mass-balance calculations, and to finalize the flowsheet for the Feasibility Study.

Pilot Plant testing has achieved targets in most areas, including operating with 100% recycled solutions. Specific challenges were addressed with sufficient results to aid in the completion of the Feasibility Study. Further testing in 2023 is planned to confirm the overall process, continue to demonstrate the flowsheet, and produce samples of Li2CO3. Additional 1000-liter lots of concentrated lithium solution from the DLE section of the Pilot Plant will be shipped to Saltworks Technologies, Inc, in Richmond, B.C., Canada by month end.

2023 plans for the Pilot Plant include testing alternate reagents and equipment, which may include identification of potential by-products, and ways to enhance impurity removal and the DLE process area. Additional space within the Pilot Plant building has been prepared for this work.

Feasibility Study

The Feasibility Study is advancing on schedule, with completion anticipated by mid-year. On-site infrastructure designs, including, mine, processing plant, and tailings and waste storage facilities are completed. Cost estimating and market studies are underway, along with assessments for construction, component lead-time and off-site infrastructure. Completion of the Feasibility Study will then await integration of the design and cost estimates for the acid plant underway by thyssenkrupp nucera.

In addition, Cypress management is assessing personnel needs and future Project financing opportunities and structures, which may include government grants and loans.

About Cypress Development Corp

Cypress Development Corp. is a Canadian based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in Nevada, USA. Cypress is in the pilot stage of testing on material from its lithium-bearing claystone deposit and progressing towards completing a Feasibility Study and permitting, with the goal of becoming a domestic producer of lithium for the growing electric vehicle and battery storage market.

ON BEHALF OF CYPRESS DEVELOPMENT CORP.
WILLIAM WILLOUGHBY, PhD., PE
President & Chief Executive Officer

For further information, please contact:
Spiros Cacos | Vice President, Investor Relations
Direct: +1 604 764 1851 | Toll Free: 1 800 567 8181 | Email scacos@cypressdevelopmentcorp.com
www.cypressdevelopmentcorp.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.


View in PDF Format
Follow Cypress Development Corp.


Cypress Development Provides Progress Update On Feasibility Study And Lithium Extraction Facility
January 23, 2023 – Vancouver, Canada – Cypress Development Corp. (TSXV: CYP) (OTCQX: CYDVF) (Frankfurt: C1Z1) (“Cypress” or “the Company”) is pleased to provide a progress update on its ongoing Feasibility Study being conducted on the Company’s Clayton Valley Lithium Project (“Project”) near Silver Peak, Nevada, and on its operational Lithium Extraction Facility (“Pilot Plant”) in Amargosa Valley, Nevada.

Highlights

The Pilot Plant continues to function as designed, working to optimize the Project’s flowsheet. The Plant leaches lithium-bearing claystone material, through to the production of concentrated lithium solution using the Company’s Direct Lithium Extraction (“DLE”) process.
Additional piloting runs will take place at Saltworks Technologies, Inc. following the successful production of lithium carbonate (“Li2CO3”) from the Pilot Plant’s concentrated lithium solutions.
The Project’s Feasibility Study is on schedule and is continuing to advance toward an anticipated second quarter 2023 completion.
Arrangements are proceeding to initiate federal, state, and local permitting for the Project, with compilation of data and evaluation of related infrastructure, including access, water, and power supply corridors.
Ahead of the Feasibility Study and permitting, Cypress management is assessing personnel needs and future Project financing opportunities and structures, which may include government grants and loans.
Pilot Plant

Cypress continues to conduct testing at its Pilot Plant with the support of del Sol Refining, Inc. Since its start-up, the Pilot Plant has operated in 28 cycles of continuous 24/7 operation, with minimal down-time and maintenance matters. The test work was conducted using multiple configurations and equipment to best replicate the Project flowsheet. In the testing to date, nearly 10,000 samples of solutions, solids and precipitates have been collected and analyzed. Other data collection, including recording of flow rates and physical conditions at key sample points throughout the Pilot Plant, has been conducted, with particular attention to the DLE section of the Pilot Plant to develop the Project’s mass-balance calculations, and to finalize the flowsheet for the Feasibility Study.

Pilot Plant testing has achieved targets in most areas, including operating with 100% recycled solutions. Specific challenges were addressed with sufficient results to aid in the completion of the Feasibility Study. Further testing in 2023 is planned to confirm the overall process, continue to demonstrate the flowsheet, and produce samples of Li2CO3. Additional 1000-liter lots of concentrated lithium solution from the DLE section of the Pilot Plant will be shipped to Saltworks Technologies, Inc, in Richmond, B.C., Canada by month end.

2023 plans for the Pilot Plant include testing alternate reagents and equipment, which may include identification of potential by-products, and ways to enhance impurity removal and the DLE process area. Additional space within the Pilot Plant building has been prepared for this work.

Feasibility Study

The Feasibility Study is advancing on schedule, with completion anticipated by mid-year. On-site infrastructure designs, including, mine, processing plant, and tailings and waste storage facilities are completed. Cost estimating and market studies are underway, along with assessments for construction, component lead-time and off-site infrastructure. Completion of the Feasibility Study will then await integration of the design and cost estimates for the acid plant underway by thyssenkrupp nucera.

In addition, Cypress management is assessing personnel needs and future Project financing opportunities and structures, which may include government grants and loans.

About Cypress Development Corp

Cypress Development Corp. is a Canadian based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in Nevada, USA. Cypress is in the pilot stage of testing on material from its lithium-bearing claystone deposit and progressing towards completing a Feasibility Study and permitting, with the goal of becoming a domestic producer of lithium for the growing electric vehicle and battery storage market.

ON BEHALF OF CYPRESS DEVELOPMENT CORP.
WILLIAM WILLOUGHBY, PhD., PE
President & Chief Executive Officer

For further information, please contact:
Spiros Cacos | Vice President, Investor Relations
Direct: +1 604 764 1851 | Toll Free: 1 800 567 8181 | Email scacos@cypressdevelopmentcorp.com

Up ten cents premarket
8%

Up 12 cents today on Canadian market

Cypress Development Corp
CVE: CYP

1.13 CAD +0.12 (11.88%)today
Jan 16, 1:51?PM EST

Cypress Development Confirms Production Of Battery Grade Lithium Carbonate

(Futrcash, you tried to show me)
September 19, 2022 – Vancouver, Canada – Cypress Development Corp. (TSXV: CYP) (OTCQX: CYDVF) (Frankfurt: C1Z1) (Cypress or Company) is pleased to report it has achieved a significant milestone with the production of 99.94% lithium carbonate (Li2CO3) made from lithium-bearing claystone from the Company’s 100%-owned Clayton Valley Lithium Project in Nevada, USA (Project). The Li2CO3 was derived from the intermediate concentrated lithium solution produced at Cypress’ Lithium Extraction Facility in Amargosa Valley, Nevada (Pilot Plant). Following direct lithium extraction (DLE) at the Plant, Saltworks Technologies Inc. (Saltworks) completed the processing system design and pilot work to make the Li2CO3.
https://cypressdevelopmentcorp.com/news/2022-news/cypress-development-confirms-production-of-battery-grade-lithium-carbonate/

NEW YEARS NEWSLETTER

Cypress enjoyed a very productive year in 2022, thanks to the hard work of our staff, consultants, and contractors. We will take a moment to recall some of the accomplishments of 2022 and through this, anticipate what the year ahead will bring.

A major focus of Cypress’ in 2022 was the operation of the Company’s Lithium Extraction Facility, aka our Pilot Plant, in Amargosa Valley which operated throughout the year. Completed in 2021, the Pilot Plant gathered data for our ongoing Feasibility Study and tested various operating conditions and
changes in equipment and flow sheet, all while performing safely. During the year, the Pilot Plant completed 24 distinct cycles of 24-hour-per-day continuous testing.

Financing is a key to success. A financing in early 2021 enabled Cypress to acquire critical water rights and complete the design, acquisition and assembly of the Pilot Plant. In early 2022 the Company expanded its cash position by adding C$18.1 million to the treasury. The addition was timely given the
trying year experienced by junior companies.

With a strong position, we were able to add to our land position in Clayton Valley through the acquisition of Enertopia’s adjacent project. We were also fully funded to continue work at the Pilot Plant and proceed with a Feasibility Study, ongoing since March, under the direction of international consulting firm Wood Plc.

Cypress completed its license purchase agreement with Chemionex for DLE technology, which is a key component of the Pilot Plant. Using chloride leaching along with DLE, our process team successfully produced concentrated lithium solutions from which Saltworks Technologies produced 99.94% pure
lithium carbonate. This milestone shows we can produce +99.5% “battery-grade” lithium carbonate using material from the Project and represents a major achievement by the team and our technology.

To complete a key part of the process, we engaged thyssenkrupp nucera for the Feasibility design of the Chlor-alkali plant. Their engagement was secured late in the year and based on their experience in both designing and constructing CA plants, bringing us a step closer to a future lithium operation and a Feasibility Study which we expect to complete in the first half of this year.

Throughout 2022, we introduced the Company to prospective investors in different markets and were encouraged by the level of interest for a U.S. lithium project at Cypress' stage. The team also reviewed business opportunities that could contribute to the growth of the company, including alternative energy
solutions, but with a firm focus on the Project through testing and feasibility related studies.

In the year ahead, we look forward to continued progress with completion of the Feasibility Study and advancing the Project through permitting. At the Pilot Plant we remain focused on data generation to validate the process and make improvements to test equipment and alternate processing conditions
that could have impact on the Project and potential future partners or clients.
We are grateful for the support and hard work of our team and shareholders, and we look forward to continuing our progress into 2023 and beyond.

- Dr. Bill Willoughby

President & CEO

Well, as soon as I learned that they were on Steveston and Number 6 Road......(a little less than a mile from my childhood home), I couldn't help but adopt just a bit stronger interest......considering that that was cow pasture all whilst I "grew up" (that's if one can say that I did)......I'm not sure.

.

Thank you, Nowwhat2, I too have noticed Saltworks. But, you did much earlier. They have been working with many lithium companies.

saltworks
https://www.saltworkstech.com/technology/

Like, couldn't Cypress have sent to Saltworks a bunch of samples years ago .?
Or, something along those lines.

Also how come Standard Lithiums' share price has been sinking if Saltworks' technology IS a viable solution ?

Many videos on their YouTube channel, last video date 3-years old.

https://www.youtube.com/@SaltworksTechnologies/videos

Better stick to charts.

Its the refining process they have been working on. o__0

Their is a new Dogg in town.

Koch and Patents Assigned to ENERGYSOURCE MINERALS LLC

https://patents.justia.com/assignee/energysource-minerals-llc

futrcash started the dd I added to it.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170033333

I'm skeptical (aren't you ?) that a company operating out of a Steveston Highway (and Number 6 Road "warehouse") has succeeded in extracting scalable volumes of LiOH for both Standard and Now Cypress Developments.

One question I'd ask is how come it's taken this long to announce that positive extraction results have been attained.......

Like, couldn't Cypress have sent to Saltworks a bunch of samples years ago .?
Or, something along those lines.

Also how come Standard Lithiums' share price has been sinking if Saltworks' technology IS a viable solution ?

Year 2020
https://www.saltworkstech.com/news/saltworks-scores-a-lithium-hat-trick/

2022
https://www.saltworkstech.com/news/lithium-nickel-crystallizers-ev-batteries/


PS : Naturally, I'm not a "technologist" so I AM basically concluding things cluelessly.



.



.

Share Structure
Issued & Outstanding 146.5 M
Warrants 21.1 M
Options 6.8 M
Fully Diluted 174.5 M

https://cypressdevelopmentcorp.com/investors/related-websites/

Cypress Development confirms production of battery-grade lithium carbonate
1,301 views Sep 19, 2022

https://cypressdevelopmentcorp.com/site/assets/files/3567/cypress_development_presentation_-_september_22_2022.pdf

Saltworks is located within 1 mile of my childhood familys' home

They've now conducted brine pilots for both Standard and Cypress ?

https://www.google.ca/search?q=standard+lithium+saltworks&sxsrf=ALiCzsarcdQBT3TeBAVxAoXuRWPCqeYs2A%3A1664201748197&source=hp&ei=FLQxY9ydCZeB0PEP7sOhwAc&iflsig=AJiK0e8AAAAAYzHCJCiOhGh-FigEhkZJ8xdku3hyHtJV&ved=0ahUKEwjc96HQ0rL6AhWXADQIHe5hCHgQ4dUDCAk&uact=5&oq=standard+lithium+saltworks&gs_lcp=Cgdnd3Mtd2l6EAMyBQghEKABMgUIIRCgAToECCMQJzoLCAAQgAQQsQMQgwE6FAguEIAEELEDEIMBEMcBENEDENQCOhEILhCABBCxAxCDARDHARDRAzoOCC4QgAQQsQMQxwEQ0QM6CAguEIAEELEDOgsILhCABBDHARCvAToFCAAQgAQ6DggAEIAEELEDEIMBEMkDOgUIABCSAzoOCC4QgAQQsQMQxwEQrwE6DgguEIAEEMcBEK8BENQCOggILhCxAxCDAToICAAQsQMQgwE6EQguEIAEELEDEIMBEMcBEK8BOgsILhCABBCxAxDUAjoLCC4QsQMQxwEQrwE6BQguEIAEOgsILhCABBDHARDRAzoGCAAQHhAWOgUIABCGAzoHCCEQoAEQCjoECCEQFVAAWMlMYK9uaABwAHgAgAFniAG-DpIBBDI1LjGYAQCgAQE&sclient=gws-wiz



https://www.google.ca/search?q=standard+lithium+saltworks+cypress&sxsrf=ALiCzsZqGMNIXmYq8gspdZEvStYTAm9kSw%3A1664201764715&ei=JLQxY9uiK6Oy0PEP-JKNkAs&ved=0ahUKEwjbxJTY0rL6AhUjGTQIHXhJA7IQ4dUDCA4&oq=standard+lithium+saltworks+cypress&gs_lcp=Cgdnd3Mtd2l6EAwyBQghEKABMgUIIRCgATIFCCEQoAE6CggAEEcQ1gQQsAM6BwghEKABEApKBAhBGABKBAhGGABQhhBY_ztg92NoAnABeACAAYQBiAGGBpIBAzUuM5gBAKABAcgBCMABAQ&sclient=gws-wiz



https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Asli&x=57&y=19&time=100&startdate=2%2F4%2F2020&enddate=11%2F19%2F2022&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9


https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Acyp&x=14&y=14&time=100&startdate=2%2F4%2F2020&enddate=11%2F19%2F2022&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9



I dunno........but my spidey senses are just tingling a bit, that's all.



.



.

Awesome news!

Awesome news !!!!!
We have battery grade lithium !!!!!!

CYPRESS DEVELOPMENT CONFIRMS PRODUCTION OF BATTERY GRADE LITHIUM CARBONATE
https://finance.yahoo.com/news/cypress-development-confirms-production-battery-100000399.html

HUGE-"Maybe this will move the needle"... .9994 LITHIUM CARBONATE FROM CLAY!

Chico

Updated Corporate Presentation

https://cypressdevelopmentcorp.com/site/assets/files/3567/cypress_development_presentation_-_august.pdf

futr

Once report hits confirming battery grade lithium we fly!

Up 30% now at $1.07
Huge Day !!!

Cypress is moving up big today!!
Up .16 to .97
19.75%

News is outstanding -

Cypress Development Progress on Feasibility Study

June 15, 2022 – Vancouver, Canada – Cypress Development Corp. (TSXV: CYP) (OTCQX: CYDVF) (Frankfurt: C1Z1) (“Cypress” or “the Company”) is pleased to provide an update on the progress of the ongoing Feasibility Study for the Company’s Clayton Valley Lithium Project, in Nevada, USA. The Feasibility Study is under the direction of Wood PLC ("Wood") and Global Resource Engineering (“GRE”) and all related work is proceeding well, and it remains on track for completion in late 2022.

Activity Highlights:

Geotechnical study in progress
Continued operation of the Pilot Plant
500-ton bulk sample collected for further metallurgical material
Sonic drill program completed consisting of 580 meters in eight drill holes
Resource model updated with data from recently acquired property
Geotechnical Program

Wood personnel conducted on-site visits in supervising the collection of geotechnical data for the foundation design of the Company’s processing plant site and tailings storage facility. The samples collected for Wood’s geotechnical program were shipped to materials testing laboratories, and additional on-site work is planned in the next month.

GRE personnel conducted site visits in preparation to work on the Project’s resources and reserves. GRE personnel supervised the collection of a suite of large-diameter core samples for assay and geotechnical testing, which will provide further information for GRE’s work on the mine design.

Lithium Extraction Facility (“Pilot Plant”)

Testing continues at Cypress’ Pilot Plant in Amargosa Valley, 100 miles southeast of the Clayton Valley Lithium Project site. The Pilot Plant is now working in its 12th cycle of continuous 24-hr per day testing. The tests are ongoing to examine efficiencies in processing, testing various configurations in equipment and operating conditions, and the plant continues to produce concentrated lithium solutions for use in downstream product testing.

Wood’s process engineering team is working with Continental Metallurgical Services and the data from the Pilot Plant, to develop mass balance and equipment sizing. Wood’s engineers are also working on the overall project infrastructure, including selection and design of access roads, plant equipment, power, and water supplies.

Bulk Sample

To support continued testing, a 500-tonne sample of claystone was excavated in late April from an engineered test-pit and transported to the Company’s operations headquarters at the Tonopah airport, where it will be crushed, screened, and bagged in preparation for treatment at the Company’s Pilot Plant. The sample was collected near DCH-1, and in the vicinity of the planned starter-pit for mining in the Feasibility Study.

“We are pleased with the bulk sampling work. The size of the bulk sample may be larger than necessary for the Pilot Plant to provide adequate information for the Feasibility Study” said President and CEO Bill Willoughby. “This sample, however, allows us to examine lithium grade and other properties in the claystone over a larger volume. It also ensures we have material on hand, should we need it, for future tests or continued operations.”

Sonic Drill Program

Cypress is continuing to log and sample core from a sonic drill program which commenced and was completed in May. The purpose of the drill program was to obtain large-diameter (6-inch) continuous core. Eight locations were selected for metallurgical, geotechnical, lithological purposes. Each hole yielded 1.9 to 2.3 tonnes of claystone which will be used in metallurgical testing at the Company’s Pilot Plant to examine if there are any variations in performance due to depth, location, or material type in the deposit.

Four of the holes (CSV-1 through CVS-4) were completed in the central portion of the project in the vicinity of the proposed starter-pit and the 500-tonne bulk sample. Four other holes (CVS-5 through CVS-8) were completed in the northeast portion of the project on and near the parcel of property recently acquired from Enertopia Corporation (“Enertopia”). In addition to providing metallurgical sample material, these latter four holes will provide confirmation of the data from Enertopia’s previous drilling.

“The drilling program proceeded better than expected and was very successful in this first application of sonic drilling in Clayton Valley” stated Daniel Kalmbach, Cypress Manager, Geology and QP. “The quality of the large-diameter core samples are excellent and will provide further valuable data for the Feasibility Study.”

Resource Model

The recent addition of land acquired from Enertopia (see news release dated May 5, 2022) resulted in the addition of five core holes which were drilled by Enertopia in 2018. This property comprises 17 unpatented mining claims totaling 160 contiguous acres immediately adjacent to Cypress’s Project. A March 2020 NI 43-101 compliant technical report (published by Enertopia) on the property shows an Indicated resource of 82 million tonnes (mt) of 1,121 parts per million (ppm) Li and an Inferred resource of 18 mt of 1,131 ppm Li using a cutoff grade of 400 ppm Li. Cypress has not independently confirmed the resource indicated in the March 2020 NI 43-101 report.

All data received from the property acquisition has been incorporated into the project database and is expected to be used by GRE to generate the resource and reserve estimates and develop the mine plan for the Feasibility Study

Qualified Person

Daniel Kalmbach, CPG, is the qualified persons as defined by National Instrument 43-101 and have approved of the technical information in this release.

About Cypress Development Corp

Cypress Development Corp. is a Canadian based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in Nevada, USA. Cypress is in the pilot stage of testing on material from its lithium-bearing claystone deposit and progressing towards completing a feasibility study and permitting, with the goal of becoming a domestic producer of lithium for the growing electric vehicle and battery storage market.

ON BEHALF OF CYPRESS DEVELOPMENT CORP.
WILLIAM WILLOUGHBY, PhD., PE
President & Chief Executive Officer

For further information, please contact:

Spiros Cacos | Vice President, Investor Relations
Direct: +1 604 764 1851 | Toll Free: 1 800 567 8181 | Email scacos@cypressdevelopmentcorp.com
www.cypressdevelopmentcorp.com

Cypress moving back up -appears tons of support at a dollar now.
The report to confirm the pilot plant produced battery grade lithium is due sometime by end of June or early July.

The Final Feasibility Study to update new value of the mine is due end of the year or early next.
Wait till the masses find out this is worth $10-15 BILLION PLUS and currently has a market cap of roughly 150 million.

$10-20 coming here in next year- but you gotta be in it to win.

5+ years holding this gem and adding when I can !

GLTA

Cypress Development Corporate Presentation from Noble Capital Markets' recent investor conference: https://channelchek.com/news-channel/Cypress_Development__CYDVF__NobleCon18_Presentation_Replay_

They do have the water rights locked up.
This will be 5-10 bucks by years easy and like most of the hot lithium stocks really isn’t a chart play. When news drops this will run dollars for days- no chart line or RSI will stop it.

Been here since 15 cents and will be here when it hits $15-20


GLTA

Broke the uptrend line on the 2 year chart. Going to try and retest that line, then sell off. 4 months of water rights does you no good if you can't replace it.