|Bid||0.1150 x 0|
|Ask||0.1300 x 0|
|Day's Range||0.1150 - 0.1150|
|52 Week Range||0.1100 - 0.3600|
|Beta (3Y Monthly)||2.62|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 20, 2018 - Nov 20, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Lithium Energi Exploration Inc. (LEXI.V) (“LEXI” or the “Company”) announced today that it has filed and received a receipt for its short-form prospectus (The “Prospectus”) with the securities regulatory authorities in the provinces of British Columbia, Alberta and Ontario to qualify the securities offered under the Prospectus. The Company has also entered into an agency agreement with Gravitas Securities Inc. (the “Agent“) under which the Agent has agreed to sell, on a best efforts basis, a minimum of 5,000,000 units (the “Units”) for gross proceeds of $1,000,000 and a maximum of up to 32,500,000 Units for gross proceeds of $6,500,000.
Lithium Energi Exploration, Inc. (LEXI.V) (“LEXI” or the “Company”) is pleased to announce positive updates regarding the ongoing ‘phase two’ test work (“Test Work”), which is the second of four phases pursuant to the engagement between LEXI and its technology partner, IBC Advanced Technologies, Inc. (“IBC”) for a lithium processing plant utilizing IBC’s proprietary SuperLig® Molecular Recognition Technology (“MRT”). In September, IBC successfully completed the first phase of the work, a Level One Assessment (“LOA”). Brine composition may vary across LEXI’s properties, so additional work is expected to compare against the mimic brines IBC formulated for the Test Work. Among other studies, the present Test Work has yielded successful bench trials for separating and purifying lithium (“Li”) ions with high selectivity, producing +99% pure Li. The proprietary SuperLig® resins are manufactured exclusively by IBC, are applicable to brines from LEXI’s properties, and are exceptionally effective for Li ion extraction from Li-bearing brines.
A look at the shareholders of Lithium Energi Exploration Inc (CVE:LEXI) can tell us which group is most powerful. Insiders often own a large chunk of younger, smaller, companies while Read More...