Queens Road Capital Investment Ltd (QRC)

Queen's Road Capital Announces Closing of Upsized C$33.8 Million Private PlacementMay 1, 2026 6:00 AM
NewsfileHong Kong, Hong Kong--(Newsfile Corp. - May 1, 2026) - Queen's Road Capital Investment Ltd. (TSX: QRC) (the "Company" or "QRC") is pleased to announce that it has completed its private placement announced on April 15, 2026. Due to investor demand, the placement was upsized to 2,180,646 shares at a price of C$15.50 per share for gross proceeds of C$33.8 million. Proceeds from the private placement will be used to fund additional investments in accordance with the Company's investment policy. Finders fees totalling C$821,940 were paid to arm's length third parties. The shares sold in the placement are subject to a four-month resale restriction which expires on August 31, 2026.Warren Gilman, Chairman & CEO, stated: "Queen's Road Capital welcomes several new shareholders to our register including two major Canadian institutional investors, one U.K.-based major institution and two Hong Kong-based family offices. On behalf of the QRC team, we thank them for their support."Option GrantThe Company has granted 3,120,000 incentive stock options to certain directors, officers and consultants. The options have an exercise price of $15.50 per share and a term of 5 years.About Queen's Road CapitalQRC is a dividend paying, leading financier to the global resource sector. The Company is a resource focused investment company, making investments in privately held and publicly traded companies. The Company acquires and holds securities for long-term capital appreciation, with a focus on convertible debt securities and resource projects in advanced development or production located in politically safe jurisdictions.FOR FURTHER INFORMATION, visit the Company's website at www.queensrdcapital.com or contact by email info@queensrdcapital.com or phone +1 604 365 6681 Caution Regarding Forward Looking StatementsCertain statements in this News Release, which are not historical in nature, constitute "forward looking statements" within the meaning of that phrase under applicable Canadian securities law. These statements include, but are not limited to, statements or information concerning the Company's growth strategy and the Company's future performance. These statements reflect management's current assumptions and expectations and by their nature are subject to certain underlying assumptions, known and unknown risks and uncertainties and other factors which may cause actual results, performance or events to be materially different from those expressed or implied by such forward looking statements. Those risks include the interpretation of drill results; the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with our expectations; commodity and currency price fluctuation; failure to obtain adequate financing; regulatory, recovery rates, refinery costs, inability to identify or successfully conclude corporate transactions, and other relevant conversion factors, permitting and licensing risks; and general market and mining exploration risks. Forward-looking statements should not be construed as investment advice. Readers should perform a detailed, independent investigation and analysis of the Company and are encouraged to seek independent professional advice before making any investment decision. Accordingly, readers should not place undue reliance on any forward-looking statement. Except as required by applicable securities laws, the Company disclaims any obligation to update or revise any forward-looking statements to reflect events or changes in circumstances that occur after the date hereof.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/295382
Original: Queen's Road Capital Announces Closing of Upsized C$33.8 Million Private Placement

Queen's Road Capital Announces Maiden Interim Dividend PaymentApril 27, 2026 6:00 AM
NewsfileHong Kong, Hong Kong--(Newsfile Corp. - April 27, 2026) - Queen's Road Capital Investment Ltd. (TSX: QRC) (the "Company" or "QRC") is pleased to declare a dividend of C$0.125 for the first half of 2026 which represents an 8.7% increase over the 2025 dividend on an annualized basis. The dividend is payable to all shareholders of record as at May 20, 2026 (the "Dividend Record Date").Warren Gilman, Chairman & CEO, stated: "We are delighted to announce another consecutive increase in our dividend. Dividends are a core value of Queen's Road and reflect the financial discipline with which we manage our investments. We welcome the participation of all shareholders in the DRIP program, which is a testament to their belief in the underlying value and strategy of the Company."The previously approved dividend reinvestment plan ("DRIP") continues to be in effect, allowing investors to receive QRC shares in lieu of cash as a dividend. In order to participate in the DRIP, shareholders of record need to enrol anytime up to five (5) business days prior to the Dividend Record Date.In order to process their DRIP applications:Registered shareholders (those holding share certificates and/or shares under the Direct Registration System - DRS) must sign up directly with the transfer agent (Computershare) on its website (www.investorcentre.com) or by calling Computershare's shareholder enquiry line at +1-800-564-6253;Beneficial shareholders (those holding their shares through brokerage houses which are in turn held via the Canadian Depository for Securities - CDS and the Depositary Trust Company - DTC) must sign up by contacting their respective brokers and/or their CDS/DTC representatives.Only REGISTERED shareholders who have previously registered in the DRIP will continue to be registered in the DRIP unless they have taken the steps to deregister. BENEFICIAL shareholders (i.e. shareholders who hold their shares in brokerage accounts) need to register in the DRIP prior to every dividend record date.The number of shares to be received by DRIP participants will be based on a 5% discount to the 5-day volume weighted average share price of the Company prior to the Dividend Payment Date. All shares paid under the DRIP will be issued from treasury. Major shareholders, directors and officers representing over 50% of the outstanding shares of the Company are currently enrolled in the DRIP.Queen's Road Capital is a dividend paying, leading financier to the global resource sector. The Company is a resource focused investment company, making investments in privately held and publicly traded companies. The Company acquires and holds securities for long-term capital appreciation, with a focus on convertible debt securities and resource projects in advanced development or production located in politically safe jurisdictions.Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.FOR FURTHER INFORMATION, visit the Company's website at www.queensrdcapital.com or contact by email info@queensrdcapital.com or phone +852 2759 2022Caution Regarding Forward-Looking StatementsCertain statements in this News Release, which are not historical in nature, constitute "forward-looking statements" within the meaning of that phrase under applicable Canadian securities law. These statements include, but are not limited to, statements or information concerning the Company's growth strategy and the Company's future performance. These statements reflect management's current assumptions and expectations and by their nature are subject to certain underlying assumptions, known and unknown risks and uncertainties and other factors which may cause actual results, performance or events to be materially different from those expressed or implied by such forward-looking statements. Those risks include the interpretation of drill results; the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with our expectations; commodity and currency price fluctuation; failure to obtain adequate financing; regulatory, recovery rates, refinery costs, inability to identify or successfully conclude corporate transactions, and other relevant conversion factors, permitting and licensing risks; and general market and mining exploration risks. Forward-looking statements should not be construed as investment advice. Readers should perform a detailed, independent investigation and analysis of the Company and are encouraged to seek independent professional advice before making any investment decision. Accordingly, readers should not place undue reliance on any forward-looking statement. Except as required by applicable securities laws, the Company disclaims any obligation to update or revise any forward-looking statements to reflect events or changes in circumstances that occur after the date hereof.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294272
Original: Queen's Road Capital Announces Maiden Interim Dividend Payment

Queen's Road Capital Announces Private Placement of C$23 MillionApril 15, 2026 6:30 AM
NewsfileHong Kong, Hong Kong--(Newsfile Corp. - April 15, 2026) - Queen's Road Capital Investment Ltd. (TSX: QRC) (the "Company", "Queen's Road Capital" or "QRC") is pleased to announce that it is undertaking a non-brokered private placement of 1,483,871 common shares at a share price of C$15.50 for total proceeds of C$23,000,000. Proceeds from the private placement will be used to fund additional investments in accordance with the Company's investment policy.Warren Gilman, Chairman & CEO, stated: "This private placement gives us the opportunity to welcome new long-term, supportive institutional shareholders to our register as we embark on the next growth phase of QRC. The added diversification of our shareholder base should result in an increase in the liquidity of the shares which will benefit all shareholders."The Company may pay finders' fees in connection with this private placement. Closing will occur as soon as practical following receipt of TSX approval.About Queen's Road CapitalQRC is a dividend paying, leading financier to the global resource sector. The Company is a resource focused investment company, making investments in privately held and publicly traded companies. The Company acquires and holds securities for long-term capital appreciation, with a focus on convertible debt securities and resource projects in advanced development or production located in politically safe jurisdictions.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.FOR FURTHER INFORMATION, visit the Company's website at www.queensrdcapital.com or contact by email info@queensrdcapital.com or phone +1 604 365 6681. Caution Regarding Forward-Looking StatementsCertain statements in this News Release, which are not historical in nature, constitute "forward-looking statements" within the meaning of that phrase under applicable Canadian securities law. These statements include, but are not limited to, statements or information concerning the Company's growth strategy and the Company's future performance. These statements reflect management's current assumptions and expectations and by their nature are subject to certain underlying assumptions, known and unknown risks and uncertainties and other factors which may cause actual results, performance or events to be materially different from those expressed or implied by such forward-looking statements. Those risks include the interpretation of drill results; the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with our expectations; commodity and currency price fluctuation; failure to obtain adequate financing; regulatory, recovery rates, refinery costs, inability to identify or successfully conclude corporate transactions, and other relevant conversion factors, permitting and licensing risks; and general market and mining exploration risks. Forward-looking statements should not be construed as investment advice. Readers should perform a detailed, independent investigation and analysis of the Company and are encouraged to seek independent professional advice before making any investment decision. Accordingly, readers should not place undue reliance on any forward-looking statement. Except as required by applicable securities laws, the Company disclaims any obligation to update or revise any forward-looking statements to reflect events or changes in circumstances that occur after the date hereof.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292644
Original: Queen's Road Capital Announces Private Placement of C$23 Million

Queen's Road Capital Notes NexGen's AnnouncementMarch 6, 2026 6:30 AM
NewsfileHong Kong, Hong Kong--(Newsfile Corp. - March 6, 2026) - Queen's Road Capital Investment Ltd. (TSX: QRC) (the "Company", "Queen's Road Capital" or "QRC") notes the statement released yesterday by NexGen Energy Ltd. ("NexGen") whereby NexGen announced that the Canadian Nuclear Safety Commission has approved NexGen's environmental assessment and issued a licence to prepare site and construct for its 100%-owned, generational, Rook I project. This was the last permit necessary before construction could begin.QRC's first ever investment was US$30 million into NexGen in May 2020. We now hold a US$70 million debenture that is convertible at US$6.76 per share (versus the current share price of US$12.40). QRC also owns approximately 10.5 million shares of NexGen worth over US$130 million. On a fully diluted basis, QRC owns approximately 3.15% of NexGen making us one of its largest shareholders.Warren Gilman, Chairman and CEO of the Company commented: "We congratulate Leigh Curyer and the NexGen team in achieving this final and most important milestone. QRC remains a strong, supportive partner to NexGen as it begins construction of one of the world's great mining assets which has production capacity greater than 50% of the Western World's uranium supply."About Queen's Road Capital Investment Ltd.QRC is a dividend paying, leading financier to the global resource sector. The Company is a resource focused investment company, making investments in privately held and publicly traded companies. The Company acquires and holds securities for long-term capital appreciation, with a focus on convertible debt securities and resource projects in advanced development or production located in politically safe jurisdictions.Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.FOR FURTHER INFORMATION, visit the Company's website at www.queensrdcapital.com or contact by email info@queensrdcapital.com or phone +852 2759 2022 Caution Regarding Forward-Looking StatementsCertain statements in this News Release, which are not historical in nature, constitute "forward-looking statements" within the meaning of that phrase under applicable Canadian securities law. These statements include, but are not limited to, statements or information concerning the Company's growth strategy and the Company's future performance. These statements reflect management's current assumptions and expectations and by their nature are subject to certain underlying assumptions, known and unknown risks and uncertainties and other factors which may cause actual results, performance or events to be materially different from those expressed or implied by such forward-looking statements. Those risks include the interpretation of drill results; the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with our expectations; commodity and currency price fluctuation; failure to obtain adequate financing; regulatory, recovery rates, refinery costs, inability to identify or successfully conclude corporate transactions, and other relevant conversion factors, permitting and licensing risks; and general market and mining exploration risks. Forward-looking statements should not be construed as investment advice. Readers should perform a detailed, independent investigation and analysis of the Company and are encouraged to seek independent professional advice before making any investment decision. Accordingly, readers should not place undue reliance on any forward-looking statement. Except as required by applicable securities laws, the Company disclaims any obligation to update or revise any forward-looking statements to reflect events or changes in circumstances that occur after the date hereof.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286461
Original: Queen's Road Capital Notes NexGen's Announcement

Queen's Road Capital Acquires Securities of ATHA Energy Corp.February 5, 2026 11:50 PM
NewsfileHong Kong, Hong Kong--(Newsfile Corp. - February 5, 2026) - Queen's Road Capital Investment Ltd. (TSX: QRC) (the "Company" or "QRC") announces that on February 5, 2026, it acquired a convertible debenture of ATHA Energy Corp. ("ATHA") in the principal amount of US$25,000,000 (approximately Can. $34,130,000) (the "Debenture"). The Debenture is convertible into 40,152,941 ATHA shares at a price of $0.85 per share. In addition, QRC has been issued 1,552,900 common shares of ATHA in payment of an establishment fee (the "Establishment Fee Shares"). If the Debenture was converted into ATHA common shares in accordance with its terms, QRC would hold an aggregate of 41,705,841 common shares of ATHA, representing approximately 10.8% of ATHA's issued and outstanding common shares. QRC held no securities of ATHA prior to the acquisition of the Debentures and the Establishment Fee Shares. The Debentures and the Establishment Fee were acquired for investment purposes. Depending on market conditions, QRC may from time to time, acquire additional securities of ATHA, dispose of some or all of its existing or additional ATHA securities or may continue to hold the securities of ATHA.Queen's Road Capital is a dividend paying, leading financier to the global resource sector. The Company is a resource focused investment company, making investments in privately held and publicly traded companies. The Company acquires and holds securities for long-term capital appreciation, with a focus on convertible debt securities and resource projects in advanced development or production located in politically safe jurisdictions.Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.FOR FURTHER INFORMATION, visit the Company's website at www.queensrdcapital.com or contact by email info@queensrdcapital.com or phone +852 2759 2022 Caution Regarding Forward Looking StatementsCertain statements in this News Release, which are not historical in nature, constitute "forward looking statements" within the meaning of that phrase under applicable Canadian securities law. These statements include, but are not limited to, statements or information concerning the Company's growth strategy and the Company's future performance. These statements reflect management's current assumptions and expectations and by their nature are subject to certain underlying assumptions, known and unknown risks and uncertainties and other factors which may cause actual results, performance or events to be materially different from those expressed or implied by such forward looking statements. Those risks include the interpretation of drill results; the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with our expectations; commodity and currency price fluctuation; failure to obtain adequate financing; regulatory, recovery rates, refinery costs, inability to identify or successfully conclude corporate transactions, and other relevant conversion factors, permitting and licensing risks; and general market and mining exploration risks. Forward-looking statements should not be construed as investment advice. Readers should perform a detailed, independent investigation and analysis of the Company and are encouraged to seek independent professional advice before making any investment decision. Accordingly, readers should not place undue reliance on any forward-looking statement. Except as required by applicable securities laws, the Company disclaims any obligation to update or revise any forward-looking statements to reflect events or changes in circumstances that occur after the date hereof.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282890
Original: Queen's Road Capital Acquires Securities of ATHA Energy Corp.

BRSGF: effective Jan. `15,2025 a one for 10 reverse split:

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

With the big bucks coming in anything is possible.

Check out Chaarat Gold. Warren Gilman became director shortly after starting QRC and has bought shares in the company.

Chaarat is looking to complete funding this quarter to bring their Tulkubash asset in Kyrgyzstan in production (95k oz pa, first gold pour in 2021). They sit on more than 10m oz gold across their assets. Their Kyrgyz assets are right in the Tian Shan gold belt and are said to be of district scale akin to a Carlin trend, with only 4km of a 24km strike explored. They recently signed a tax stabilisation agreement with the Kyrgyz government, the first company to do so.

Could QRC participate in the funding via a convertible loan?

Chaarat's CEO is Artem Volynets, formerly of Rusal and EN+.

hTTps://www.chaarat.com/the-board-of-directors/

BRSGF: effective Feb. 5,2020 Lithion Energy Corp. will change to Queens Rd. Cap. Inv. Ltd.:

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

Juicy news out. Starts trading Feb 5 under symbol QRC tsx-v.
https://www.queensrdcapital.com/news/queens-road-capital-announces-completion-of-financing-change-of-business/

News. Also recent financials state they have recieved over $51 million in capital.

https://www.queensrdcapital.com/news/queens-road-capital-completes-name-change-continuance/

This is what Warren Gilman is capable of.

https://www.kitco.com/pr/3277/article_06282017094139.pdf

Great news :)

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aLNC-2744632&symbol=LNC®ion=C

https://www.weare121.com/121mininginvestment-hk/speaker/warren-gilman/

LNC Property are the dashed lines flanking ORRP.

https://finance.yahoo.com/news/orrp-tiny-lithium-stock-wall-112800164.html

Lithion Neighbor Drilling

https://www.stockwatch.com/News/Item.aspx?bid=U-by499086-U%3aORRP-20180509&symbol=ORRP®ion=U

http://www.lithionenergycorp.com/s/NewsReleases.asp?ReportID=811839&_Type=News-Releases&_Title=Lithion-Energy-Corp.-has-been-assigned-the-legal-entity-identifier-LEI

https://seekingalpha.com/article/4129344-energy-metals-expert-chris-berry-talks-matt-bohlsen-trend-investing

http://www.dailymail.co.uk/sciencetech/article-5125873/The-future-air-travel-Radical-hybrid-passenger-plane.html

http://www.spokesman.com/stories/2017/nov/27/worlds-biggest-battery-to-be-ready-this-week-in-au/

Yes, Frankfurt has real time quote at the comdirect site.

Ok Thx,Is that real time quote...

LITHION ENERGY is trading in Frankfurt.

BID: 0,069 EUR with 15000 shares
ASK: 0,096 EUR with 15000 shares

link:
Frankfurt

Bernice,do you have a bid ask in Europe for LNC.

thats interesting.

Yes, It was Dahrouge Geologist team that re-found NioCorp’s Elk Creek and who was a major part of putting the money up to acquire and to find and make sense of all of the historic technical information from when Molycorp owner and worked on the project. Dahrouge also found J-Zone Uranium deposit that was bought by Denison from the original Fission Energy

The next year will be exciting.

West Water Resources also has land in Railroad. They are a NYSE deal that trade over $1 USD. Looks like a hot area play is forming.

I would agree, Lithium stocks are hotter than ever. Lithion Energy has Dahrouge behind it. Those guys know how to find great projects. Looks like LNC.V is just getting ramped up. If their Railroad Valley has anything close to what this 3 Proton thinks it has, then Lithion could be an easy 10X.

Time to add.

Attached are some screenshots from a presentation from a private company operating in Railroad alley, next to Lithion’s claims.

Lithion has a substantial land package in Railroad Valley. Just under 10,000 acres in 3 blocks in close proximity. Lithion and Dahrouge Geological’s opinion is that RRV is a larger analogue of Clayton. There is elevated surface, spring, rhyolitic tuffs, and clay samples in the valley, the theory is that the near surface saturated brine pool hosts elevated lithium brine numbers. That is why they are there, and that Is why they recently staked more land.

Railroad Valley is essentially completely staked. There are 4 other companies 3 public and 1 private. The private company is 3 Proton. They have spent $600k staking, and have done extensive ground work as well as logging data from 93 oil wells in the valley. They are in the process of mobilizing drills now to prove up a reserve. They are not doing it for a promote, but to build and sell the asset, as part of the acquisition by a producer of the entire Valley when a reserve is proven up. The fact that they have raised money and are doing this privately should provide al ot of confidence that they are correct. From the screenshot from their presentation 3 Proton belive they could me on the mother load between 400-1500 ppm Li. Word is that 3PL believe that they may drill 300 meters of 1000 ppm li. As you know, Pure Energy has less than 150 ppm in Clayton, and the average in Argentina is 500-600 ppm. With the Valley being substantially larger than Clayton, and the potential for 30,000 hectares of brine pool, a discovery like this could make the Valley worth billions.

That is a significant amount of land to have.This rivals if not better than the others in the area.

Lithion Energy Corp. Significantly Expands its Land Position at its Railroad Valley Lithium Brine Project in Nevada

2017-11-20 09:45 ET - News Release


Vancouver, British Columbia--(Newsfile Corp. - November 20, 2017) - Lithion Energy Corporation (TSXV: LNC) ("Lithion", or the "Company") is pleased to announce that it has expanded its Railroad Valley Brine Project's land position in Nevada by 5,963 Acres (~2,413 ha), or by nearly 150%. The recently completed staking of 296 placer claims, over one contiguous block, brings the Company's total land holdings in the Railroad Valley Basin to 495 placer claims, totalling approximately 10,000 acres (~4,047 ha), spread over three separate claim blocks in close proximity.

The Railroad Valley Lithium Property is situated within east-central Nevada's Railroad Valley Basin, about 200 km east-northeast of Clayton Valley, which is host to Albemarle Corp's Silver Peak Lithium Mine, the only lithium brine operation within the United States. A comprehensive review of the available data completed for the Technical Report indicates the Railroad Valley Basin may be a larger analogue of the Clayton Valley Basin, with strong potential to host lithium brine of favourable size and grade.

The Railroad Valley Basin, which is host to Nevada's first oil production, is a sedimentary basin more than 37 km in length and 19 km across. The geologic setting is of a closed, fault bound, evaporitic basin, with over 1,000 metres of basin-fill sediments atop basement hosted petroleum reservoirs. To the west, Tertiary volcanic units are highly enriched in lithium, with a number of active thermal springs emerging along the basin faults. Collectively, these attributes indicate a favourable setting for lithium brine accumulation.

Since the discovery of oil at Eagle Springs in 1954, over 100 wells have been completed exploring for oil and gas within Railroad Valley, resulting in the discovery of multiple producing oil fields. The extensive historic geologic information developed from this oil and gas activity within the Valley provides an excellent database upon which brine rich units within the valley fill may be assessed.

According to Shawn Westcott, President of Lithion: "Our recent staking has significantly increased our land position within the central parts of the Railroad Valley Basin, where private exploration companies have been advancing the concept of a large brine pool being present, as indicated by data collected from over 90 oil wells. A recent surge in staking at Railroad Valley adds significant credence to the Company's early interpretation of the potential, and leaves us well positioned with some of the most prospective tenure in the basin."

Documented soil samples collected on the surface of the Railroad Valley playa by the U.S. Geological Survey contain elevated concentrations of up to 275 ppm Li, equivalent to 295 ppm Li2O. Further details on this sampling, as well as an in-depth review of the Company's property assets in the Railroad Valley may be found in the NI 43-101 Technical Report located on the Company's website.

The technical content of this section of the news release was reviewed, verified, and approved by Edward Lyons, PGeo, a qualified person as defined by National Instrument 43-101 and the author of the NI 43-101 technical report.

ON BEHALF OF THE LITHION BOARD


"Shawn Westcott"
President

http://www.lithionenergycorp.com/s/Home.asp

Drilling.Web page was changed on Friday November 10 th.
Could be a planned drilling campaign.
With 1.4 million$$ in the bank LNC is well positioned to move forward.

Lithium Race.

http://kirillklip.blogspot.ca/2017/10/lithium-race-to-mass-for-electric-cars.html?m=1

Lithium in demand.

http://kirillklip.blogspot.ca/2017/09/lithium-race-switch-is-on-china-sets.html?m=1

Don't looking good at the moment. But it can look any better again one day.

http://www.toshiba.co.jp/about/press/2017_10/pr0301.htm

Nevada.

Are we going somewhere?

All aboard

nice

News

Lithion Energy Corp. Completes Sale of Indonesian Gold Properties for US $1 Million

05:45 EDT Monday, June 26, 2017
Vancouver, British Columbia--(Newsfile Corp. - June 26, 2017) - Lithion Energy Corporation (TSXV: LNC ) (the "Company") is pleased to announce that it has completed the sale of its 80-per-cent equity interest in each of PT Gayo Mineral Resources and PT Linge Mineral Resources, under a share purchase agreement (SPA) with a private Indonesia company.
As per the terms of the SPA (see News Release date March 9th 2017), the private Indonesian company will pay the Company a total of $1-million (U.S.) (equivalent to approximately $1.32 million CAD). The proceeds will be used to finance the Company's lithium projects (Nevada & Arizona), review additional technology metals properties and to evaluate potential corporate transactions. A finder's fee of $100,000 (U.S.) is to be paid to an arm's-length company in association with the transaction.
"Not only did we add significant cash to the balance sheet, the Indonesian subsidiaries held all of the Company's financial liabilities," added Shawn Westcott, President and Director. "The sale therefore represents a significant change to Lithion's balance sheet and will enable the Company to efficiently pursue its growth strategy,"

Nice close in usa and Ca

Lithium is going to get even Hotter!

Hang in there.

Took a bit of a haircut today on only 125 shares traded.

Exactly... this could be huge!

Many uses of lithium.

http://www.sciencealert.com/finally-scientists-think-they-know-how-lithium-treats-bipolar-disorder

I hoping for a Grand opening!!