CA Market News
1週前
Frontier Lithium Announces Participation in the 2026 Canadian Climate Investor ConferenceMay 27, 2026 8:00 AM
NewsfileSudbury, Ontario--(Newsfile Corp. - May 27, 2026) - Frontier Lithium (TSXV: FL) (OTCQB: LITOF), a pre-production mining company with a focus on becoming a strategic and integrated supplier to the growing North American electric vehicle and energy storage markets, announced today that it will be presenting at the 2026 Canadian Climate Investor Conference (CCIC), taking place on Tuesday, June 09, 2026 at the TMX Market Centre, 120 Adelaide St. W Toronto, Ontario.For a complete agenda of the conference and to register, see the conference website here: https://events.tmx.com/ccic2026.About Frontier LithiumFrontier Lithium is advancing the PAK Lithium Project, a fully integrated development in Ontario’s Great Lakes region anchored by a high-grade, large-scale resource. In partnership with Mitsubishi Corporation, the project includes a mine and mill near Red Lake and a downstream conversion facility in Thunder Bay, supporting the development of a domestic lithium supply chain.About the Canadian Climate Investor ConferenceThe Canadian Climate Investor Conference (CCIC), hosted by Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV), brings together growth-oriented clean technology and renewable energy companies, and climate conscious investors, to share ideas and discover ways to accelerate the deployment of capital needed to build a more sustainable future for Canadians.The conference showcases clean technology investments and is designed to help democratize the ability for investors to participate in growing the clean technology ecosystem. For further information on Frontier Lithium
Bora Ugurgel
7058977622
info@frontierlithium.com
www.frontierlithium.com Original: Frontier Lithium Announces Participation in the 2026 Canadian Climate Investor Conference
CA Market News
2週前
Frontier Lithium Bolsters Executive Advisory Council to Drive Execution Readiness and Project Financing StrategyMay 20, 2026 5:00 PM
PR Newswire (Canada) GREATER SUDBURY, ON, May 20, 2026 /CNW/ - Frontier Lithium Inc. ("Frontier Lithium" or the "Company") (TSXV: FL) (FRA: HL2) (OTC: LITOF) is pleased to announce the expansion of its recently announced Executive Advisory Council ("EAC") with the appointment of Mr. Brent Cochrane and Mr. Ross Gallinger to the EAC. These appointments will assist with the Company's transition toward execution readiness for the Company's PAK Lithium Project and the integration of rigorous global standards required for project financing. The EAC, formed to provide strategic, technical, financial, and industry guidance to the Company's Officers, now welcomes additional expertise to support Frontier's advancement toward a Final Investment Decision (FID) in 2028 for the Company's proposed mine and mill. The additional appointments to the EAC bring increased technical, financial, and environmental, social and governance ("ESG") support to ensure that the development pathway meets stringent international lender requirements, including the Equator Principles and IFC Performance Standards.Brent Cochrane, ICD.D – Project Finance & BankabilityMr. Cochrane brings over 40 years of international mine finance experience focused on guiding multi-billion-dollar mining projects through the complex bankability process. Having served as a CFO, Treasurer and in advisory roles across four continents, Brent specializes in aligning mining project financing requirements with the specific mandates of commercial banks, export/import credit agencies, multilaterals, and other lenders. Mr. Cochrane's financing experience includes the Antamina and Mina Justa copper projects in Peru, the Moma heavy minerals project in Mozambique, the Renard diamond project in Quebec, and the Valentine gold project in Newfoundland and Labrador. His expertise in aligning supply and sales contracts with financing requirements is vital as Frontier structures the commercial foundations necessary to secure long-term capital for multi-generational operations. Mr. Cochrane holds a B.A. in Economics from the University of Saskatchewan, and an M.A. in Economics from the University of Toronto. Ross Gallinger, P.Ag. – ESG & Sustainable DevelopmentMr. Gallinger is a veteran mining executive with over 35 years of experience in Health, Safety, Environment, and Community (HSEC) strategies. As the former SVP of Sustainable Development at Yamana Gold, Ross is a recognized leader in integrating ESG principles into core mining operations. Previously Mr. Gallinger was at IAMGOLD Corporation as the Senior Vice President of Health, Safety, and Sustainability, at Placer Dome Inc. (now Barrick Gold) he held executive and managerial roles, at BHP Billiton he held positions in health, safety, and community development, at Rio Algom he worked in environmental and community development roles. His role on the EAC is critical to ensuring that Frontier's environmental and social governance frameworks exceed the expectations of project financiers, ensuring a seamless transition from environmental permitting to senior debt drawdown. He holds a Bachelor of Science (B.Sc.) in Agriculture, and he is a Professional Agrologist (P.Ag.)."The expansion of our Executive Advisory Council reflects the increasing complexity and discipline required to reach FID on a globally financed critical minerals project," said Trevor Walker, President and CEO of Frontier, he added, "Brent and Ross bring complementary expertise that supports a derisked, finance ready development pathway consistent with international lender and ESG standards."The formation and ongoing expansion of the EAC underscores Frontier's commitment to a comprehensive "Total Project" strategy and a de-risked execution model. By integrating world-class ESG practices and advanced financial structuring, the Company is well positioned to meet the requirements of senior debt markets and joint venture partners, facilitating a smooth transition from development to production and reinforcing its status as a cornerstone future supplier within Canada's critical minerals sector.Marketing AgreementThe Company also announces that that it has entered into a marketing agreement (the "Agreement") with Epstein Research ("ER"), led by Peter Epstein, pursuant to which Mr. Epstein will provide investor relations services to the Company for a six (6) month term in consideration for a cash fee of USD $2,000 per month, subject to approval by the TSX Venture Exchange. After the initial term, the agreement will be extended subject to mutual agreement by the parties.In accordance with the terms of the Agreement, ER will work with the Company on posting on social media and producing articles, interviews and commentary designed to increase awareness of the Company.There are no performance factors contained in the Agreement and ER will not receive any securities of the Company as compensation.Mr. Epstein does not beneficially own, directly or indirectly, any securities of the Company or any right to acquire securities of the Company. Mr. Epstein operates www.epsteinresearch.com, is an arm's-length party to the Company, and has over 20 years experience in buy-side analyst roles.Epstein Research is a research and analysis firm operated by Peter Epstein, located in the state of New Jersey, USA, specializing in investor relations and market awareness for public companies.ON BEHALF OF THE BOARD OF DIRECTORSTrevor Walker,President and Chief Executive OfficerAbout Frontier LithiumFrontier Lithium Inc. is a pre-production mining company with an objective to become a strategic and integrated supplier of premium spodumene concentrates as well as battery-grade lithium salts to the growing electric vehicle, and energy storage markets in North America. The Company's PAK Lithium Project maintains the largest land position and resource in a premium lithium mineral district located in Ontario's Great Lakes region. About the PAK Lithium ProjectThe PAK Lithium Project is a fully integrated critical minerals initiative in Ontario, developing a high-grade, large scale lithium resource. Operated as a joint venture between Frontier (92.5%) and Mitsubishi Corporation (7.5%), the project is advancing in parallel with a mine and mill, north of Red Lake, Ontario and a downstream lithium conversion facility in Thunder Bay, Ontario, which are both key to supporting a secure domestic lithium supply for the clean energy transition. A 2025 Mine and Mill Feasibility Study (FS), prepared by DRA Global Limited and entitled National Instrument 43-101 Technical Report FS PAK Lithium Project, Mine and Mill, outlines a 31-year Project life with an after-tax net present value of $932 million at an 8% discount rate and an after-tax internal rate of return of 17.9%.These results have been disclosed in the Company's press release dated May 28, 2025, and the accompanying technical report was filed on SEDAR+ (www.sedarplus.ca) on July 9, 2025.Cautionary Note Regarding Forward-Looking StatementsThis news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact constitute forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements regarding: the establishment, role, and expected contributions of the Executive Advisory Council; the Company's transition toward execution readiness; advancement of the PAK Project toward a FID; the anticipated development timeline, including the targeted timing for mine and mill construction; project planning, development sequencing, and execution strategy; the ability of the Executive Advisory Council to provide strategic, technical, financial, and industry guidance; the appointment of additional council members; and the Company's ability to advance permitting, infrastructure development, financing strategies, downstream integration, and joint venture funding arrangements.Forward-looking statements involve inherent risks and uncertainties. Risk factors that could cause actual results to differ materially from those in forward looking statements include: market prices for commodities, increases in capital or operating costs, construction risks, availability of infrastructure including roads, regulatory and permitting risks, exploitation and exploration successes, continued availability of capital and financing, financing costs, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, please review the Company's public filings available at SEDAR+ (www.sedarplus.ca).Neither the 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.SOURCE Frontier Lithium Inc. Original: Frontier Lithium Bolsters Executive Advisory Council to Drive Execution Readiness and Project Financing Strategy
CA Market News
1月前
FRONTIER LITHIUM ANNOUNCES CLOSING OF C$15 MILLION BOUGHT DEALApril 30, 2026 8:37 AM
PR Newswire (Canada)
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./GREATER SUDBURY, ON, April 30, 2026 /CNW/ - Frontier Lithium Inc. (TSXV: FL) ("Frontier" or the "Company") is pleased to announce that it has closed its previously announced bought deal offering (the "Offering") of units of the Company (the "Units") with a syndicate of underwriters led by BMO Capital Markets (collectively the "Underwriters"). An aggregate of 20,000,000 Units were sold at a price of C$0.75 per Unit (the "Offering Price") for gross proceeds to the Company of C$15 million. Each unit is comprised of one common share of the Company (a "Common Share") and half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant shall be exercisable to acquire one Common Share (a "Warrant Share") at a price of C$1.00 per Warrant Share for a period of two years from the closing of the Offering (the "Expiry Date").
The net proceeds of the Offering will be used for advancing the PAK Lithium Project. These funds will support the completion of an updated mine and mill technical report, facilitate activities related to government-funded or cost-shared infrastructure initiatives, permitting, advancement of Lithium Conversion Study and cover general administrative as well as corporate expenses."This financing marks an important step in advancing the PAK Lithium Project, supporting key engineering, permitting and downstream initiatives that will continue to de-risk the asset and support the Company's efforts toward future project financing", said Trevor Walker, President and CEO of the Company. He added, "We were pleased to see continued support from long-term shareholders, new institutional investors and insiders, reinforcing our belief that Frontier is well positioned for the next phase of the market—supporting a secure North American lithium supply, advancing a phased de-risking strategy, and positioning the project as a strategic asset within the emerging domestic critical minerals supply chain."In connection with the Offering, the Company paid the Underwriters a cash commission equal to 6.0% of the gross proceeds realized by the Company in respect of the sale of the Units. In addition, the Company issued to the Underwriters broker warrants of the Company (the "Broker Warrants"), exercisable any at time prior to the Expiry Date, to acquire in aggregate that number of units of the Company (the "Broker Units") which is equal to 6.0% of the number of Units sold under the Offering with each such Broker Warrant having a exercise price equal to the Offering Price per Broker Unit. Each Broker Unit consists of one Common Share and one-half of one common share purchase warrant with each Broker Unit Warrant entitling the holder thereof to acquire one Common Share (each a "Broker Unit Warrant Share") at a price of $1.00 per Broker Unit Warrant Share at any time prior to the Expiry Date.Participation by insiders of the Company in the Offering constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). A total of six Insiders participated in the Offering, acquiring a total of 136,668 Units for gross proceeds $102,501. The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a), respectively, as the fair market value of the securities issued to, and the consideration paid by, such Insiders does not exceed 25% of the Company' s market capitalization.The Units were offered by way of a short form prospectus in all of the provinces of Canada (except Quebec), and in jurisdictions outside of Canada on a private placement or equivalent basis, in each case in accordance with all applicable laws, provided that no prospectus, registration statement or other similar document is required to be filed in such jurisdiction.The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or 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 applicable exemption therefrom. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.ON BEHALF OF THE BOARD OF DIRECTORSTrevor Walker, President & CEOAbout Frontier Lithium
Frontier Lithium Inc. is a pre-production mining company with an objective to become a strategic and integrated supplier of premium spodumene concentrates as well as battery-grade lithium salts to the growing electric vehicle, and energy storage markets in North America. The Company's PAK Lithium Project maintains the largest land position and resource in a premium lithium mineral district located in Ontario's Great Lakes region.About the PAK Lithium Project
The PAK Lithium Project is a fully integrated critical minerals initiative in Ontario, developing a high-grade, large scale lithium resource. Operated as a joint venture between Frontier (92.5%) and Mitsubishi Corporation (7.5%), the project is advancing in parallel with a mine and mill, north of Red Lake, Ontario and a downstream lithium conversion facility in Thunder Bay, Ontario, which are both key to supporting a secure domestic lithium supply for the clean energy transition. A 2025 Mine and Mill Feasibility Study (FS), prepared by DRA Global Limited and entitled National Instrument 43-101 Technical Report FS PAK Lithium Project, Mine and Mill, outlines a 31-year Project life with an after-tax net present value of $932 million at an 8% discount rate and an after-tax internal rate of return of 17.9%.These results have been disclosed in the Company's press release dated May 28, 2025, and the accompanying technical report was filed on SEDAR+ (www.sedarplus.ca) on July 9, 2025.Forward-Looking Statements
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts are forward-looking statements. Examples of certain forward looking statements relate to use of proceeds of the Offering, the advancement of the Company's PAK Lithium Project, including engineering, permitting and de-risking activities, the potential for future financings, and the Company's business and market opportunities. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's registered filings available at www.sedarplus.ca.Neither the 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.SOURCE Frontier Lithium Inc.
Original: FRONTIER LITHIUM ANNOUNCES CLOSING OF C$15 MILLION BOUGHT DEAL
CA Market News
1月前
FRONTIER LITHIUM ANNOUNCES LISTING OF WARRANTS FROM PROSPECTUS OFFERINGApril 28, 2026 2:26 PM
PR Newswire (Canada)
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./GREATER SUDBURY, ON, April 28, 2026 /CNW/ - Frontier Lithium Inc. (TSXV: FL) (OTC: LITOF) ("Frontier" or the "Company") announces that, further to the previously announced short form prospectus offering of the Company on April 8, 2026, the TSX Venture Exchange (the "TSXV") has conditionally accepted for listing, 11,500,000 common share purchase warrants of the Company (the "Warrants") to be issued pursuant to the terms of this short form prospectus offering (the "Offering"), which is expected to close on April 30, 2026 ("Closing Date"). Frontier has obtained all necessary regulatory approvals, including conditional approvals from the TSX Venture Exchange for the Offering and listing of the Warrants. Pursuant to the Offering, the Company entered into an agreement with a syndicate of underwriters led by BMO Capital Markets (collectively the "Underwriters"), under which the Underwriters have agreed to buy on a bought deal basis 20,000,000 units (the "Units"), at a price of C$0.75 per Unit for gross proceeds of approximately C$15 million. Each Unit is comprised of one common share of the Company (a "Common Share") and half of one Warrant, with each Warrant exercisable to acquire one Common Share (a "Warrant Share") at a price of C$1.00 per Warrant Share for a period of two years from the closing of the Offering. The Company granted the Underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering to cover over-allotments, if any. Securities sold on exercise of the over-allotment option may be comprised of additional Units, Common Shares, Warrants or any combination thereof.The TSXV has advised that the Warrants are anticipated to be listed for trading on the TSXV under the symbol "FL.WT" effective at market open on April 30, 2026. Each Warrant shall entitle the holder thereof to receive one common share of the Company at an exercise price of $1.00, subject to adjustment in certain circumstances, until April 30, 2028. The Warrants will be governed by a warrant indenture between the Company and Odyssey Trust Company dated April 30, 2026, which will be available under the Company's SEDAR+ profile at www.sedarplus.com. The CUSIP for the warrants is 35910P125 and the ISIN is CA35910P1255.For more information about the Offering, please see the Company's news releases announcing the Offering dated April 8, 2026 and the preliminary short form prospectus dated April 14, 2026, and the final short form prospectus dated April 23, 2026, which are available under the Company's SEDAR+ profile at www.sedarplus.com.The securities described herein have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold in the United States or to U.S. persons absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.ON BEHALF OF THE BOARD OF DIRECTORSTrevor Walker, President & CEOAbout Frontier Lithium
Frontier Lithium Inc. is a pre-production mining company with an objective to become a strategic and integrated supplier of premium spodumene concentrates as well as battery-grade lithium salts to the growing electric vehicle, and energy storage markets in North America. The Company's PAK Lithium Project maintains the largest land position and resource in a premium lithium mineral district located in Ontario's Great Lakes region.About the PAK Lithium Project
The PAK Lithium Project is a fully integrated critical minerals initiative in Ontario, developing a high-grade, large scale lithium resource. Operated as a joint venture between Frontier (92.5%) and Mitsubishi Corporation (7.5%), the project is advancing in parallel with a mine and mill, north of Red Lake, Ontario and a downstream lithium conversion facility in Thunder Bay, Ontario, which are both key to supporting a secure domestic lithium supply for the clean energy transition. A 2025 Mine and Mill Feasibility Study (FS), prepared by DRA Global Limited and entitled National Instrument 43-101 Technical Report FS PAK Lithium Project, Mine and Mill, outlines a 31-year Project life with an after-tax net present value of $932 million at an 8% discount rate and an after-tax internal rate of return of 17.9%.These results have been disclosed in the Company's press release dated May 28, 2025, and the accompanying technical report was filed on SEDAR+ (www.sedarplus.ca) on July 9, 2025.Forward-Looking Statements
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts are forward-looking statements. Examples of certain forward looking statements relate to the listing of the Warrants, and the closing and Closing Date of Offering. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's registered filings available at SEDAR+ www.sedarplus.ca.Neither the 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.SOURCE Frontier Lithium Inc.
Original: FRONTIER LITHIUM ANNOUNCES LISTING OF WARRANTS FROM PROSPECTUS OFFERING
CA Market News
3月前
Frontier Lithium Receives Conditional Approval under NRCan's Global Partnerships Initiative to Advance Lithium By-Product ValorizationMarch 2, 2026 12:12 PM
PR Newswire (Canada)
GREATER SUDBURY, ON, March 2, 2026 /CNW/ - Frontier Lithium Inc. (TSXV: FL) (FRA: HL2) (OTC: LITOF) ("Frontier" or the "Company") is pleased to announce that it has received conditional approval under Natural Resources Canada's Global Partnerships Initiative (the "GPI" or the "Program") for the development of treatment options and support of the valorization of by-products derived from lithium salts production, at the Company's proposed PAK Lithium Project.
The GPI is designed to strengthen Canada's international leadership on critical minerals, build and diversify partnerships to support responsible value chains, and enhance the competitiveness and sustainability of Canada's critical minerals sector.Under the Program, Frontier intends to advance technical work focused on identifying pathways to commercialization for the recovery and valorization of secondary materials generated through the lithium refining process, that will optimize lithium production flowsheets. The proposed non-repayable contribution of up to $2.3 million dollars is expected to:Establish the technical and economic feasibility of using the sodium sulphate by-product for the production of high-quality fertilizer; and the aluminosilicate leach material as a supplementary cementitious material for the building products industry;Reduce waste streams and improve environmental performance;Enhance overall resource efficiency and recovery rates; andStrengthen the long-term economics and sustainability profile of the PAK Lithium Project."We are pleased to receive conditional approval under this important federal initiative," said Trevor Walker, President and Chief Executive Officer of Frontier Lithium. "Maximizing resource efficiency and reducing environmental footprint are central to our strategy of building a fully integrated lithium chemicals business in Northern Ontario. This program supports the innovation that can unlock additional value from our process streams while reinforcing Canada's leadership in responsibly produced critical minerals.""Canada and our partners are putting real capital behind the secure and resilient critical mineral supply chains that our economies and defence industries rely on," said the Honourable Tim Hodgson, Minister of Energy and Natural Resources. "By working with companies like Frontier Lithium, we are helping deliver the minerals the world needs and the prosperity and security Canadians deserve."Final and accepted funding under the GPI remains subject to the negotiation and execution of definitive contribution agreements and the satisfaction of customary conditions.ON BEHALF OF THE BOARD OF DIRECTORS
Trevor Walker
President & Chief Executive OfficerAbout Frontier LithiumFrontier Lithium Inc. is a pre-production mining company with an objective to become a strategic and integrated supplier of premium spodumene concentrates as well as battery-grade lithium salts to the growing electric vehicle, and energy storage markets in North America. The Company's PAK Lithium Project maintains the largest land position and resource in a premium lithium mineral district located in Ontario's Great Lakes region.About the PAK Lithium ProjectThe PAK Lithium Project is a fully integrated critical minerals initiative in Ontario, developing a high-grade, large scale lithium resource. Operated as a joint venture between Frontier (92.5%) and Mitsubishi Corporation (7.5%), the project is advancing in parallel with a mine and mill, north of Red Lake, Ontario and a downstream lithium conversion facility in Thunder Bay, Ontario, which are both key to supporting a secure domestic lithium supply for the clean energy transition. A 2025 Mine and Mill Feasibility Study (FS), prepared by DRA Global Limited and entitled National Instrument 43-101 Technical Report FS PAK Lithium Project, Mine and Mill, outlines a 31-year Project life with an after-tax net present value of $932 million at an 8% discount rate and an after-tax internal rate of return of 17.9%.These results have been disclosed in the Company's press release dated May 28, 2025, and the accompanying technical report was filed on SEDAR+ (www.sedarplus.ca) on July 9, 2025.
Cautionary Note Regarding Forward-Looking StatementsThis news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact constitute forward-looking statements. Forward looking statements contained in this news release may include, but are not limited to, estimated capital allocated by the Company to the Project, the Global Partnership Initiative, its funding and eligible cost reimbursements, the PAK Lithium Project and its estimated economics, and statements with respect to: capital requirements and private and/or public financing initiatives and completion of these financings (if any), estimated mineral resources, estimated capital costs to construct a mine and conversion facilities, estimated operating costs, estimated cash flows, net present value, the feasibility study and references thereto, and statements that address future production, resource and reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects, including but not limited to capital and operating costs, timelines, internal rates of return, and project development milestones.Forward-looking statements involve inherent risks and uncertainties. Risk factors that could cause actual results to differ materially from those in forward looking statements include: market prices for commodities, increases in capital or operating costs, construction risks, availability of infrastructure including roads, regulatory and permitting risks, exploitation and exploration successes, continued availability of capital and financing, financing costs, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, please review the Company's public filings available at www.sedarplus.ca.Neither the 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.SOURCE Frontier Lithium Inc.
Original: Frontier Lithium Receives Conditional Approval under NRCan's Global Partnerships Initiative to Advance Lithium By-Product Valorization
CA Market News
3月前
Frontier Lithium Signs Memorandum of Understanding with Panasonic Energy to Advance North American Battery Supply ChainMarch 2, 2026 7:00 AM
PR Newswire (Canada)
GREATER SUDBURY, ON, March 2, 2026 /CNW/ - Frontier Lithium Inc. (TSXV: FL) (FRA: HL2) OTC: LITOF) ("Frontier" or the "Company") is pleased to announce the execution of a Memorandum of Understanding ("MoU") between the Company, Panasonic Energy Co., Ltd. ("Panasonic Energy") and Mitsubishi Corporation ("Mitsubishi") regarding the potential procurement of lithium salts and a broader strategic collaboration in support of developing a secure, localized North American battery supply chain.
Frontier and Mitsubishi have previously established a joint venture company advancing the integrated PAK Lithium Project (the "PAK Lithium Project" or "Project") in Ontario, Canada. The Project is designed to support the North American automotive industry's transition to electrification by developing both:An upstream lithium mine and mill; andA downstream lithium conversion facility targeting initial production of approximately 20,000 tonnes per annum of battery-grade lithium salts commencing in 2030The PAK Lithium Project hosts one of the largest high-grade lithium reserves in North America, positioning it as a strategically important source of critical minerals for domestic battery manufacturing.Panasonic Energy, a principal subsidiary of Panasonic Holdings Corporation, is a leading global manufacturer of lithium-ion batteries for automotive and energy storage applications. Headquartered in Japan, Panasonic Energy operates major battery production facilities in Nevada and Kansas, which supply the North American market.Under the MoU, Panasonic Energy has expressed interest in procuring lithium hydroxide from the PAK Lithium Project. The parties also intend to explore broader collaboration opportunities to advance a resilient and sustainable battery supply chain in North America, including potential technical cooperation.The parties to the MoU have confirmed their willingness to negotiate a definitive offtake agreement at an appropriate stage of the Project, which may include competitive pricing mechanisms subject to further discussions and technical support."This Memorandum of Understanding with Panasonic Energy and Mitsubishi represents an important step forward in advancing a fully integrated, made-in-North America lithium supply chain," said Trevor Walker, President and Chief Executive Officer of Frontier Lithium. "The PAK Lithium Project is designed to deliver secure, high-quality lithium chemicals to support the region's growing battery manufacturing capacity. We are pleased to be aligning with globally recognized partners who share our commitment to supply chain resilience, sustainability, and long-term collaboration.""Canada is building the secure and reliable critical mineral supply chains that our economies and defence industries rely on," said the Honourable Tim Hodgson, Minister of Energy and Natural Resources. "By working with companies like Frontier Lithium, we are helping deliver the minerals the world needs and the prosperity and security Canadians deserve."This MoU reflects the parties' shared strategic objective of strengthening regional supply chains amid evolving demand for electric vehicles and increasing emphasis on supply chain resilience and sustainability. Except for certain customary provisions, the MoU is non-binding and does not create legal obligations with respect to supply or investment, and rather, it establishes a framework for continued negotiations and cooperation.ON BEHALF OF THE BOARD OF DIRECTORSTrevor Walker, President & CEOAbout Frontier LithiumFrontier Lithium Inc. is a pre-production mining company with an objective to become a strategic and integrated supplier of premium spodumene concentrates as well as battery-grade lithium salts to the growing electric vehicle, and energy storage markets in North America. The Company's PAK Lithium Project maintains the largest land position and resource in a premium lithium mineral district located in Ontario's Great Lakes region.About the PAK Lithium ProjectThe PAK Lithium Project is a fully integrated critical minerals initiative in Ontario, developing a high-grade, large scale lithium resource. Operated as a joint venture between Frontier (92.5%) and Mitsubishi Corporation (7.5%), the project is advancing in parallel with a mine and mill, north of Red Lake, Ontario and a downstream lithium conversion facility in Thunder Bay, Ontario, which are both key to supporting a secure domestic lithium supply for the clean energy transition. A 2025 Mine and Mill Feasibility Study (FS), prepared by DRA Global Limited and entitled National Instrument 43-101 Technical Report FS PAK Lithium Project, Mine and Mill, outlines a 31-year Project life with an after-tax net present value of $932 million at an 8% discount rate and an after-tax internal rate of return of 17.9%.These results have been disclosed in the Company's press release dated May 28, 2025, and the accompanying technical report was filed on SEDAR+ (www.sedarplus.ca) on July 9, 2025.Cautionary Note Regarding Forward-Looking StatementsThis news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact constitute forward-looking statements. Forward looking statements contained in this news release may include, the MoU and it's terms and the parties intentions thereto, the PAK Lithium Project and its estimated development and economics, and statements with respect to: capital requirements and private and/or public financing initiatives and completion of these financings (if any), estimated mineral resources, estimated capital costs to construct a mine and conversion facilities, estimated operating costs, estimated cash flows, net present value, the Feasibility Study and statements that address future production, resource and reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects, including but not limited to capital and operating costs, timelines, internal rates of return, and project development milestones.Forward-looking statements involve inherent risks and uncertainties. Risk factors that could cause actual results to differ materially from those in forward looking statements include: market prices for commodities, increases in capital or operating costs, construction risks, availability of infrastructure including roads, regulatory and permitting risks, exploitation and exploration successes, continued availability of capital and financing, financing costs, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, please review the Company's public filings available at www.sedarplus.ca.Neither the 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.SOURCE Frontier Lithium Inc.
Original: Frontier Lithium Signs Memorandum of Understanding with Panasonic Energy to Advance North American Battery Supply Chain
CA Market News
3月前
Frontier Lithium Announces Third Quarter Results and Participation in Industry EventsFebruary 27, 2026 6:00 PM
PR Newswire (Canada)
GREATER SUDBURY, ON, Feb. 27, 2026 /CNW/ - Frontier Lithium Inc. (TSXV: FL) (FRA: HL2) (OTC: LITOF) ("Frontier" or the "Company") is pleased to provide an update on its recent and upcoming participation in key industry events, as well as announce its third quarter financial results.Frontier recently participated in the Precious Metals & Critical Minerals Virtual Investor Conference, a live, interactive online investor event hosted by VirtualInvestorConferences.com where the Company presented to a broad audience of individual and institutional investors and engaged one-on-one with market participants. The Company attended the 35th Annual BMO Global Metals, Mining & Critical Minerals Conference in Hollywood, Florida, from February 22–25, 2026. Frontier met with investors, partners, and industry professionals. Discussions emphasized that critical minerals are now viewed as a national security issue, with access to capital being the main challenge rather than geology. The U.S. Government signaled openness to investing in global projects supporting American supply chains. Lithium sentiment was positive, driven by demand for energy storage and concerns over reliance on Chinese supply.Frontier Lithium was also pleased to participate in the recent Canadian Critical Minerals Investment Forum hosted by Natural Resources Canada and Invest in Canada. Engagements were held across Rome, Munich, and Paris joining Canadian critical mineral mining peers to showcase our projects and to strengthen collaboration with European governments, investors and industrial partners. In all engagements, discussions advanced cooperation under bilateral critical minerals frameworks and the G7 Alliance on the Production of Critical Minerals, reinforcing a shared commitment to standards-based markets and responsible development and explore new partnerships across strategic sectors. Across all forums, Frontier showcased its investment-ready lithium assets and reaffirmed its commitment to safe, sustainable and long-term development in support of resilient North American and European battery supply chains.In addition, Frontier will be attending the Prospectors & Developers Association of Canada (PDAC) 2026 Convention, taking place between March 1 – 4, 2026, at the Metro Toronto Convention Centre (MTCC) in Toronto, Ontario, Canada, the world's premier mineral exploration and mining event bringing together global industry leaders, investors, governments and service providers. Frontier will be exhibiting at Booth No. 3236 in the Investors Exchange and scheduled to deliver a corporate presentation as part of PDAC's "Electric Materials 2" session on Tuesday, March 3, 2026, from 3:30 p.m. in Room 801B at the MTCC, highlighting its project developments and investment story to an audience of investors and industry participantsThe Company also reports the filing of its interim financial results for the third quarter ended December 31, 2025. Frontier closed the quarter with $12 million in cash and cash equivalents, supporting continued project advancement and corporate activities. The quarter and subsequent period reflect continued execution across key workstreams, including consultation activities under Ontario's One Project, One Process (1P1P) framework and strengthened engagement with local First Nations, culminating in the execution of formal process agreements in January 2026 with Deer Lake and Sandy Lake First Nations to advance collaborative permitting for the Company's PAK Project (the "PAK Project" or "Project). Earlier in the quarter, the PAK Project was selected as Ontario's first lithium project under the 1P1P framework, helping streamline the provincial permitting pathway. Frontier also continued advancing refinery pre-definitive feasibility study work with its engineering partner, including value engineering initiatives across the mine and mill flowsheet, and released an independent socioeconomic impact study highlighting the Project's significant economic, employment and regional benefits. Most recently, the Company welcomed the announcement of the start of construction of the Berens Bridge and Road Project by Ministry of Northern Economic Development and Growth. Collectively, these milestones demonstrate measurable progress toward de-risking and advancing the PAK Project.Frontier's condensed interim consolidated financial statements and accompanying management's discussion and analysis for the three month period ended December 31, 2025 have been filed on SEDAR+ (www.sedarplus.ca) and can be viewed under the company's website at https://www.frontierlithium.com/.ON BEHALF OF THE BOARD OF DIRECTORSTrevor WalkerPresident & Chief Executive OfficerAbout Frontier LithiumFrontier Lithium Inc. is a pre-production mining company with an objective to become a strategic and integrated supplier of premium spodumene concentrates as well as battery-grade lithium salts to the growing electric vehicle, and energy storage markets in North America. The Company's PAK Lithium Project maintains the largest land position and resource in a premium lithium mineral district located in Ontario's Great Lakes region.About the PAK Lithium ProjectThe PAK Lithium Project is a fully integrated critical minerals initiative in Ontario, developing a high-grade, large scale lithium resource. Operated as a joint venture between Frontier (92.5%) and Mitsubishi Corporation (7.5%), the project is advancing in parallel with a mine and mill, north of Red Lake, Ontario and a downstream lithium conversion facility in Thunder Bay, Ontario, which are both key to supporting a secure domestic lithium supply for the clean energy transition. A 2025 Mine and Mill Feasibility Study (FS), prepared by DRA Global Limited and entitled National Instrument 43-101 Technical Report FS PAK Lithium Project, Mine and Mill, outlines a 31-year Project life with an after-tax net present value of $932 million at an 8% discount rate and an after-tax internal rate of return of 17.9%.These results have been disclosed in the Company's press release dated May 28, 2025, and the accompanying technical report was filed on SEDAR+ (www.sedarplus.ca) on July 9, 2025.Cautionary Note Regarding Forward-Looking StatementsThis news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact constitute forward-looking statements. Forward looking statements contained in this news release may include, but are not limited to, the PAK Project and its estimated economics, and statements with respect to: capital requirements and private and/or public financing initiatives and completion of these financings (if any), estimated mineral resources, estimated capital costs to construct a mine and conversion facilities, estimated operating costs, estimated cash flows, net present value, the feasibility study and references thereto, and statements that address future production, resource and reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects, including but not limited to capital and operating costs, timelines, internal rates of return, and project development milestones.Forward-looking statements involve inherent risks and uncertainties. Risk factors that could cause actual results to differ materially from those in forward looking statements include: market prices for commodities, increases in capital or operating costs, construction risks, availability of infrastructure including roads, regulatory and permitting risks, exploitation and exploration successes, continued availability of capital and financing, financing costs, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, please review the Company's public filings available at www.sedarplus.ca.Neither the 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.
SOURCE Frontier Lithium Inc.
Original: Frontier Lithium Announces Third Quarter Results and Participation in Industry Events
CA Market News
3月前
Frontier Lithium Welcomes Start of Construction on the Berens Bridge & Road ProjectFebruary 23, 2026 4:30 PM
PR Newswire (Canada)
GREATER SUDBURY, ON, Feb. 23, 2026 /CNW/ - Frontier Lithium Inc. (TSXV: FL) (FRA: HL2) (OTC: LITOF) ("Frontier" or the "Company") welcomes today's announcement by The Honourable George Pirie, Ontario's Minister of Northern Economic Development and Growth, confirming that construction has begun on the Berens Bridge and Road Project (available here). The construction of the bridge will be completed through an agreement with Pikangikum First Nation and Whitefeather Forest Community Resource Management Authority ("WFCRMA") with a general contractor to oversee the construction. All construction permitting will be secured and held by WFCRMA for the construction activities and the construction will be completed in accordance with these detailed designs.
The Berens Bridge & Road Project will deliver:A two-lane bridge across the Berens River in Northern OntarioMore than 30 kilometres of new and upgraded all-season road linksImproved year-round access for several Treaty #5 First Nation communities. The Berens Bridge & Road infrastructure will enhance safety, reduce the cost of goods, and improve access to essential services for thousands of residents across the region. Pikangikum and WFCRMA have selected a general contractor, for the construction of the Berens River Bridge. Rock drilling and blasting began last week to produce materials required to prepare the bridge site. Additional onsite work, including construction of a temporary bridge, will continue through the spring (2026), with the final, permanent bridge expected to be completed in 2028.Minister Pirie's leadership has been central to advancing infrastructure that strengthens northern communities, reduces barriers to development, and supports Ontario's growing critical minerals sector. Today's announcement builds on a series of provincial initiatives in 2026 aimed at expanding transportation infrastructure, modernizing permitting through the recently enacted, One Project, One Process ("1P1P"), strengthening energy reliability, and supporting economic reconciliation with Indigenous communities."Ontario's commitment to building and upgrading northern infrastructure is creating real momentum in the region," said Trevor Walker, President and Chief Executive Officer of Frontier Lithium. "The start of construction on the Berens Bridge and Road Project is a milestone for Pikangikum First Nation and neighbouring communities, and we applaud Minister Pirie and community leaders for advancing this transformative work.""This progress aligns with the pathway Ontario is building for critical minerals," added Mr. Walker. "Improved all-season access is essential for community well-being and for responsibly advancing projects like Frontier's PAK Lithium Project. We remain committed to working in partnership with Indigenous communities and governments as the region continues to grow."The announcement reinforces Ontario's broader strategy to accelerate responsible development in its Northern region. In addition to investments in strengthening transmission lines, winter roads, and clean energy projects, and supported by the new 1P1P permitting model, the Province of Ontario is establishing a predictable and coordinated environment that enables the responsible development of new clean-energy supply chain projects.Frontier congratulates Pikangikum First Nation, regional leadership, and the Province of Ontario on this important milestone of initiating construction on the Berens River Bridge and Road Project and looks forward to continued collaboration as construction moves forward.ON BEHALF OF THE BOARD OF DIRECTORSTrevor WalkerPresident & Chief Executive OfficerAbout Frontier LithiumFrontier Lithium Inc. is a pre-production mining company with an objective to become a strategic and integrated supplier of premium spodumene concentrates as well as battery-grade lithium salts to the growing electric vehicle, and energy storage markets in North America. The Company's PAK Lithium Project maintains the largest land position and resource in a premium lithium mineral district located in Ontario's Great Lakes region.
About the PAK Lithium ProjectThe PAK Lithium Project is a fully integrated critical minerals initiative in Ontario, developing a high-grade, large scale lithium resource. Operated as a joint venture between Frontier (92.5%) and Mitsubishi Corporation (7.5%), the project is advancing in parallel with a mine and mill, north of Red Lake, Ontario and a downstream lithium conversion facility in Thunder Bay, Ontario, which are both key to supporting a secure domestic lithium supply for the clean energy transition. A 2025 Mine and Mill Feasibility Study (FS), prepared by DRA Global Limited and entitled National Instrument 43-101 Technical Report FS PAK Lithium Project, Mine and Mill, outlines a 31-year Project life with an after-tax net present value of $932 million at an 8% discount rate and an after-tax internal rate of return of 17.9%. These results have been disclosed in the Company's press release dated May 28, 2025, and the accompanying technical report was filed on SEDAR+ (www.sedarplus.ca) on July 9, 2025.Cautionary Note Regarding Forward-Looking StatementsThis news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact constitute forward-looking statements. Forward looking statements contained in this news release may include, but are not limited to, estimated capital allocated by the Company to the Projects, the Beren's ridge project, its funding and eligible cost reimbursements, the PAK Lithium Project and its estimated economics, and statements with respect to: capital requirements and private and/or public financing initiatives and completion of these financings (if any), estimated mineral resources, estimated capital costs to construct a mine and conversion facilities, estimated operating costs, estimated cash flows, net present value, the feasibility study and references thereto, and statements that address future production, resource and reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects, including but not limited to capital and operating costs, timelines, internal rates of return, and project development milestones.
Forward-looking statements involve inherent risks and uncertainties. Risk factors that could cause actual results to differ materially from those in forward looking statements include: market prices for commodities, increases in capital or operating costs, construction risks, availability of infrastructure including roads, regulatory and permitting risks, exploitation and exploration successes, continued availability of capital and financing, financing costs, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, please review the Company's public filings available at www.sedarplus.ca.Neither the 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.SOURCE Frontier Lithium Inc.
Original: Frontier Lithium Welcomes Start of Construction on the Berens Bridge & Road Project
CA Market News
4月前
Frontier Lithium Provides Critical Minerals Infrastructure Funding Update including the Road Connecting the PAK Lithium ProjectFebruary 4, 2026 5:30 PM
PR Newswire (Canada)
GREATER SUDBURY, ON, Feb. 4, 2026 /CNW/ - Frontier Lithium Inc. (TSX.V: FL) (FRA: HL2) (OTC: LITOF) ("Frontier" or the "Company") is pleased to provide a progress update on the infrastructure projects supported by Natural Resources Canada's (NRCan) Critical Minerals Infrastructure Fund ("CMIF") for the Company's flagship PAK Lithium Project (the "PAK Project" or the "PAK Lithium Project") in northwestern Ontario.In March 2025, Frontier finalized contribution agreements under CMIF, securing up to approximately $6.1 million in non-repayable contribution funding to advance the following two projects (collectively, the "Projects"):All-Season Road Engineering and Design Project (Junction Road): Pre-construction engineering, design, permitting, and environmental studies for approximately 56 kilometres (Figure A) of an all-season two-lane road required to connect the PAK Project to Ontario's provincial highway network.PAK Clean Energy Project : Engineering, design, and permitting for a substation and transmission line to integrate the PAK Project into the Wataynikaneyap power grid, ensuring long-term, sustainable electricity supply.Frontier continues to advance engineering, environmental, permitting, and Indigenous engagement activities to support shovel-ready status for these Projects and Frontier intents to apply to stream 2 under the CMIF program to be reimbursed for 50% of the eligible costs for these Project.Projects Progress in 2025In 2024 and 2025 over $3 million has been invested in advancing critical infrastructure under the CMIF program. The Company anticipates allocating up to an additional $8.9 million by 2028 as activities expand, including consultation, permitting and engineering for both these Projects and Frontier will apply under the CMIF program to be reimbursed for 50% of the eligible costs for these Project.Over the course of 2026, the All-Season Road Engineering and Design Project plans to complete consultation and the remaining 20% of the engineering plans, designate the preferred route, and finish the permitting process under Ontario's One Project One Process framework (1P1P). This work is anticipated to cost $2.6 million and will aim to enable construction of the all-season Junction Road to begin as early as 2027.The capital required for the PAK Clean Energy Project in 2026 is estimated to be $2.9 million which will complete assessments for the required technical upgrades to the existing infrastructure, the environmental assessments and permitting requirements for on-lease infrastructure and any remaining geotechnical drilling that is required for site infrastructure impacted by the electricity connection. These works are being completed along side the Province of Ontario's October announcement (available here) of the twinning of the power lines to Red Lake, Ontario, in order to support new mining projects, such as the PAK Project, located north of Red Lake.Strategic ImportanceThese Projects are integral to both Ontario and the Canadian Critical Minerals Strategy (CCMS), addressing infrastructure gaps essential for bringing critical mineral deposits like the PAK deposit into production. Frontier's PAK Project is recognized as one of Ontario's largest and highest-grade lithium resources, forming the foundation for a fully integrated mine-to-chemicals operation to supply lithium chemicals for electric vehicle and energy storage markets across North America."Road and power investments are generational infrastructure, not just for the PAK Lithium Project, but also for others within the region, including local and Indigenous communities. As we advance permitting and pre-construction, we are ensuring benefits flow regionally while Canada strengthens a secure, domestic critical minerals supply chain." said Trevor Walker, President & Chief Executive Officer of Frontier."Building the infrastructure needed to unlock Canada's critical minerals potential is essential to getting Canadian minerals to markets, which will diversify our trade, strengthen our economic and national security and sovereignty, create good domestic jobs, and support the clean energy transition. Through the Critical Minerals Infrastructure Fund, our new government is investing in roads and clean power that not only help move projects like Frontier's PAK Lithium Project toward production, but create significant benefits for the communities around these projects. Canada has what the world wants, and we are building big things again, to make sure we can deliver for Canadians and allies abroad," said the Honourable Tim Hodgson, Minister of Energy and Natural Resources.ON BEHALF OF THE BOARD OF DIRECTORSTrevor WalkerPresident & Chief Executive OfficerAbout Frontier LithiumFrontier Lithium Inc. is a pre-production mining company with an objective to become a strategic and integrated supplier of premium spodumene concentrates as well as battery-grade lithium salts to the growing electric vehicle, and energy storage markets in North America. The Company's PAK Lithium Project maintains the largest land position and resource in a premium lithium mineral district located in Ontario's Great Lakes region.About the PAK Lithium ProjectThe PAK Lithium Project is a fully integrated critical minerals initiative in Ontario, developing a high-grade, large scale lithium resource. Operated as a joint venture between Frontier (92.5%) and Mitsubishi Corporation (7.5%), the project is advancing in parallel with a mine and mill, north of Red Lake, Ontario and a downstream lithium conversion facility in Thunder Bay, Ontario, which are both key to supporting a secure domestic lithium supply for the clean energy transition. A 2025 Mine and Mill Feasibility Study (FS), prepared by DRA Global Limited and entitled National Instrument 43-101 Technical Report FS PAK Lithium Project, Mine and Mill, outlines a 31-year Project life with an after-tax net present value of $932 million at an 8% discount rate and an after-tax internal rate of return of 17.9%.These results have been disclosed in the Company's press release dated May 28, 2025, and the accompanying technical report was filed on SEDAR+ (www.sedarplus.ca) on July 9, 2025.Cautionary Note Regarding Forward-Looking StatementsThis news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact constitute forward-looking statements. Forward looking statements contained in this news release may include, but are not limited to, estimated capital allocated by the Company to the Projects, the CMIF program, its funding and eligible cost reimbursements, the PAK Lithium Project and its estimated economics, and statements with respect to: capital requirements and private and/or public financing initiatives and completion of these financings (if any), estimated mineral resources, estimated capital costs to construct a mine and conversion facilities, estimated operating costs, estimated cash flows, net present value, the feasibility study and references thereto, and statements that address future production, resource and reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects, including but not limited to capital and operating costs, timelines, internal rates of return, and project development milestones.Forward-looking statements involve inherent risks and uncertainties. Risk factors that could cause actual results to differ materially from those in forward looking statements include: market prices for commodities, increases in capital or operating costs, construction risks, availability of infrastructure including roads, regulatory and permitting risks, exploitation and exploration successes, continued availability of capital and financing, financing costs, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, please review the Company's public filings available at www.sedarplus.ca.Neither the 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.
SOURCE Frontier Lithium Inc.
Original: Frontier Lithium Provides Critical Minerals Infrastructure Funding Update including the Road Connecting the PAK Lithium Project