DLI.V - Desert Lion Energy Inc.

TSXV - TSXV Delayed Price. Currency in CAD
0.1000
-0.0150 (-13.04%)
At close: 3:52PM EST
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Previous Close0.1150
Open0.1100
Bid0.09 x 0
Ask0.10 x 0
Day's Range0.0900 - 0.1100
52 Week Range0.0400 - 2.1500
Volume308,500
Avg. Volume245,535
Market Cap8.906M
Beta (3Y Monthly)-0.73
PE Ratio (TTM)N/A
EPS (TTM)-0.41
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire5 days ago

    Interest Payment of Convertible Promissory Notes

    Desert Lion Energy Inc. (DLI.V) (DSLEF) (“Desert Lion” or the “Company”) announces that it intends to issue an aggregate of 178,803 common shares of the Company (the "Common Shares") at a deemed price per share of $0.095 in payment of $16,986.30 in interest due and payable under the Company's secured convertible notes due June 11, 2019 (the "Notes"). Under the terms of the Notes, the Company has the option to pay one-third of the monthly interest due on the Notes in Common Shares. The issuance of the Common Shares in payment of interest on the Notes is subject to the approval of the TSX Venture Exchange and the Common Shares will be subject to hold period of four months and one day.

  • CNW Group6 days ago

    Desert Lion Energy Strengthens its Balance Sheet via Shares for Debt Settlements

    TORONTO , Jan. 14, 2019 /CNW/ - Desert Lion Energy Inc. (DLI.V) (DSLEF) ("Desert Lion" or the "Company") is pleased to announce it has entered agreements to settle $2,572,890.90 of its outstanding cash indebtedness owed to various Arm's Length creditors through the issuance of 14,221,914 common shares of the Company at an effective price of $0.1809 per common share. "This debt settlement represents a significant portion of the Company's outstanding cash indebtedness to creditors and when combined with the recently completed equity private placement, strengthens the Company's balance sheet thus positioning us to execute on our previously announced exploration program," commented Tim Johnston , CEO of Desert Lion.

  • Desert Lion Energy Initiates 2019 Exploration and Development Program
    CNW Group7 days ago

    Desert Lion Energy Initiates 2019 Exploration and Development Program

    TORONTO , Jan. 14, 2019 /CNW/ - Namibian lithium developer Desert Lion Energy Inc. (DLI.V) (DSLEF) ("Desert Lion" or the "Company") has initiated the Company's 2019 exploration and development program. The program will focus on increasing and optimizing existing Mineral Resources Estimates ("MRE") and advancement of the mine, concentrator and lithium conversion plant in Walvis Bay. Following the completion of the financing announced on December 4, 2018 , the Company is progressing with the next phase of exploration and development work to advance the Desert Lion Energy Lithium project.

  • CNW Grouplast month

    Desert Lion Energy Closes Second Tranche of Equity Private Placement

    TORONTO , Dec. 13, 2018 /CNW/ - Desert Lion Energy Inc. (DLI.V) (DSLEF) ("Desert Lion" or the "Company") is pleased to announce it has successfully closed the second tranche of its previously announced non-brokered private placement of 9,856,258 units ("Units") at a price of $0.07 per Unit for gross proceeds to the Company of $689,938.06 (the "Private Placement"). This follows the announcement on December 10, 2018 of the closing of an  initial tranche of Units for gross proceeds of approximately $2,000,000 and secured convertible promissory notes for gross proceeds of $5,000,000 with AIP Asset Management. Each Unit issued in the Private Placement is comprised of one common share of the Company and one-half of one common share purchase warrant (a "Warrant").

  • CNW Grouplast month

    Desert Lion Energy Completes $7MM Financing and Announces Upsize to Previously Announced Equity Private Placement

    The Company is also pleased to announce that, as a result of strong investor demand, it has increased the size of the Private Placement and, subject to approval of the TSX Venture Exchange ("TSXV"), plans to close a second tranche of Units for additional gross proceeds to the Company of $1,000,000 . Of the gross proceeds of the Notes, $4,000,000 may be converted into common shares of the Company at a price of $0.20 per share (the "Conversion Price") at any time prior to maturity with the balance of $1,000,000 to be repaid to AIP on maturity in cash. The Notes will mature on December 7, 2020 and are secured against all of the assets of the Company and its subsidiaries.

  • CNW Group2 months ago

    IIROC Trading Resumption - DLI

    IIROC Trading Resumption - DLI

  • CNW Group3 months ago

    Desert Lion Energy Announces up to $10MM Convertible Note Financing with AIP Asset Management and $2MM Equity Private Placement

    TORONTO , Nov. 5, 2018 /CNW/ - Desert Lion Energy Inc. (DLI.V) (DSLEF) ("Desert Lion" or the "Company") is pleased to announce it has executed a note purchase agreement (the "NPA") with AIP Asset Management and AIP Global Macro Fund L.P. ("AIP") providing for a secured convertible note financing for gross proceeds of up to $10,000,000 (the "Note Offering"). The initial tranche of secured convertible promissory notes (the "Notes") for gross proceeds of $5,000,000 shall be purchased by AIP on the date (the "Closing Date") certain standard conditions precedent are satisfied, including, approval of the TSX Venture Exchange ("TSXV") and completion of the Equity Offering (as described below).  A second tranche of Notes for proceeds of an additional $5,000,000 is also available to the Company under the NPA to fund acquisitions as mutually agreed by AIP and the Company.

  • CNW Group3 months ago

    IIROC Trading Halt - DLI

    IIROC Trading Halt - DLI

  • Desert Lion Energy Announces Positive Project Economics for Namibian Lithium Project
    CNW Group3 months ago

    Desert Lion Energy Announces Positive Project Economics for Namibian Lithium Project

    TORONTO , Nov. 1, 2018 /CNW/ - Desert Lion Energy Inc. (DLI.V) (DSLEF) ("Desert Lion" or the "Company") is pleased to report the results of the Company's Preliminary Economic Assessment ("PEA") for its Namibian Lithium project ("Project"). The PEA covers mining, concentrate and lithium carbonate production. The PEA was prepared by independent consultants, Hatch Ltd ("Hatch") and The MSA Group (Pty) Ltd. ("MSA").

  • Desert Lion Energy Announces Maiden Mineral Resource Estimate Establishing a Significant Lithium (Lepidolite) Project
    CNW Group3 months ago

    Desert Lion Energy Announces Maiden Mineral Resource Estimate Establishing a Significant Lithium (Lepidolite) Project

    TORONTO , Oct. 12, 2018  /CNW/ - Desert Lion Energy Inc. (DLI.V) (DSLEF) ("Desert Lion" or the "Company") is pleased to announce its maiden Mineral Resource estimate ("MRE") completed for its Namibian Lithium project.

  • CNW Group5 months ago

    Desert Lion Energy Initiates Strategic Review

    TORONTO , Aug. 31, 2018 /CNW/ - Namibian lithium developer and emerging lithium concentrate producer Desert Lion Energy Inc. (DLI.V) (DSLEF) ("Desert Lion" or the "Company") today announced that it has ceased all operations in Namibia in light of the continued decline in lithium carbonate pricing. The Board is currently re-assessing the previously announced 3-stage execution plan and is evaluating all available options to find a sustainable path to the continued development of its Namibian Lithium Project. The Company has also commenced negotiations with its offtake partner, Jiangxi Jinhui Lithium Co. Limited, to amend the pricing metrics under its offtake agreement in light of the current lithium carbonate pricing environment.

  • CNW Group5 months ago

    Desert Lion Energy Reports AGM Results

    Desert Lion Energy Reports AGM Results

  • CNW Group5 months ago

    Desert Lion Energy Publishes Second Quarter 2018 Report

    Desert Lion Energy Publishes Second Quarter 2018 Report

  • CNW Group5 months ago

    Desert Lion Energy Announces Receipt of Mining License for Namibian Lithium Project

    TORONTO , Aug. 27, 2018 /CNW/ - Namibian lithium developer and emerging lithium concentrate producer Desert Lion Energy Inc. (DLI.V) (DSLEF) ("Desert Lion" or the "Company") is pleased to announce the receipt of its Phase 2 mining license, for the mining of in situ material, by the Ministry of Mines and Energy, Namibia . The mining license has been granted for an initial 10-year period, effective immediately, and covers a total area of 68.7 km2, which includes the area where the Company's Rubicon and Helikon mines are located. The remaining 232.3 km2 of exploration license will be retained by Desert Lion for ongoing exploration activities.

  • Desert Lion Identifies Prospective Lithium-Caesium-Tantalum Pegmatite Corridor and Provides Update on Exploration Activities
    CNW Group5 months ago

    Desert Lion Identifies Prospective Lithium-Caesium-Tantalum Pegmatite Corridor and Provides Update on Exploration Activities

    Desert Lion Identifies Prospective Lithium-Caesium-Tantalum Pegmatite Corridor and Provides Update on Exploration Activities

  • CNW Group6 months ago

    Desert Lion Energy Confirms First Shipment Cleared and Processing to Begin

    TORONTO , July 17, 2018 /CNW/ - Namibian lithium developer and emerging lithium concentrate producer Desert Lion Energy Inc. (DLI.V) (DSLEF) ("Desert Lion" or the "Company") is pleased to announce that the Company's off-take partner, Jiangxi Jinhui Lithium Co. Limited ("Jinhui"), has cleared the first 30,000 tonne (t) shipment of lithium concentrate and will shortly begin processing the product at their facility in China . Desert Lion expects to deliver an additional 60,000 tonnes of lithium concentrate from its sorting operations by the end of Q3 2018, ahead of the anticipated start of production from the floatation plant in Q4 2018.

  • CNW Group6 months ago

    Desert Lion Energy Releases Q2 2018 Corporate Video

    Desert Lion Energy Releases Q2 2018 Corporate Video

  • CNW Group7 months ago

    Desert Lion Energy Appoints Johan Coetzee as Chief Operating Officer

    Desert Lion Energy Appoints Johan Coetzee as Chief Operating Officer

  • CNW Group7 months ago

    Desert Lion Energy Extends Jinhui Lithium Company's Equity Option and Provides Production Update

    TORONTO , June 25, 2018 /CNW/ - Namibian lithium developer and emerging lithium concentrate producer Desert Lion Energy Inc. (DLI.V) (DSLEF) ("Desert Lion" or the "Company") today announces the grant of a 60-day extension to the Company's off-take partner, Jiangxi Jinhui Lithium Co. Limited ("Jinhui"), on their option to purchase 15% of the common shares of Desert Lion for approximately C$13 .0MM. The lithium concentrate product, which was shipped to China on April 24, 2018 , is currently clearing customs and is awaiting release.

  • CNW Group7 months ago

    Desert Lion Energy to Present at Upcoming Conferences

    Desert Lion Energy to Present at Upcoming Conferences

  • CNW Group8 months ago

    /C O R R E C T I O N from Source -- Desert Lion Energy/

    In the news release, Desert Lion Energy Phase 1 Floatation Plant to be Lowest Capacity Intensity Plant Amongst Hardrock Lithium Peers, issued 16-May-2018 by Desert Lion Energy over Cision, we are advised by the company that the headline should, instead, read "Desert Lion Energy Phase 1 Floatation Plant to be Lowest Capital Cost Intensity Plant Amongst Hardrock Lithium Peers". TORONTO , May 16, 2018 /CNW/ - Lithium developer and emerging lithium concentrate producer Desert Lion Energy Inc. (DLI.V) ("Desert Lion" or the "Company") is pleased to announce the completion of the capital cost estimate for the Phase 1 floatation plant by Tulela Processing Solutions. The total estimated cost for the Company's Phase 1 floatation plant, capable of processing between 350,000 tonnes (t) – 400,000t of feed per year, is estimated to be approximately C$7 .0MM (N$70.0MM).

  • CNW Group8 months ago

    Desert Lion Energy Begins Trading on the OTCQB

    TORONTO , May 11, 2018 /CNW/ - Namibian lithium developer and emerging lithium concentrate producer Desert Lion Energy Inc. (DLI.V) (DSLEF) ("Desert Lion" or the "Company") is pleased to announce that the common shares of the Company will commence trading on the OTCQB in the United States today, Friday, May 11, 2018 , under the trading symbol "DSLEF". Listing in the United States , specifically in a marketplace designed to support growth-oriented companies, will assist Desert Lion in engaging with a broader network of North American investors, which plays an important role in the Company's capital markets program.

  • ACCESSWIRE9 months ago

    Today’s Research Reports on Chakana Copper, Desert Lion Energy, Troilus Gold and Gabriel Resources

    NEW YORK, NY / ACCESSWIRE / May 4, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with ...

  • CNW Group9 months ago

    Desert Lion Energy Completes Delivery of Africa's Largest Shipment of Lithium Concentrate

    TORONTO , May 2, 2018 /CNW/ - Namibian lithium developer and emerging lithium concentrate producer Desert Lion Energy Inc. (DLI.V) ("Desert Lion" or the "Company") is pleased to announce the completion of delivery of 30,321 tonnes (t) of lithium concentrate bound for the Company's off-take partner, Jiangxi Jinhui Lithium Co. Limited's ("Jinhui"), lithium carbonate conversion plant located in Yichuan, China . "Desert Lion is proud to have completed the delivery of the first commercial shipment of lithium concentrate to our offtake partner Jinhui," commented Tim Johnston , President and Chief Executive Officer of Desert Lion Energy.