TradingCharts
23 horas hace
INTERNATIONAL BATTERY METALS LTD. ANNOUNCES BINDING TERM SHEET FOR NON-BROKERED PRIVATE PLACEMENT FINANCING
Mar 3, 2025 6:30
https://money.tmx.com/quote/IBAT/news/5808960264851666/INTERNATIONAL_BATTERY_METALS_LTD_ANNOUNCES_BINDING_TERM_SHEET_FOR_NONBROKERED_PRIVATE_PLACEMENT_FINANCING
The issue price per Unit will be based on the maximum permissible discount to the market price of the Company's common shares (the " Common Shares ") under the rules of the TSX Venture Exchange (the " TSXV ") as of closing on the trading day immediately preceding the announcement of the closing of a tranche of the Offering (the " Market Price "). Each Unit will consist of one Common Share and one Common Share purchase warrant (a " Warrant "). Each Warrant will entitle the holder to acquire one additional Common Share (each, a " Warrant Share ") at an exercise price of equal to the Market Price per Warrant Share, until the date which is four years from the date of issuance. The use of proceeds for each tranche of the Offering will be disclosed in the applicable news release announcing such tranche.
The Company expects to close the first tranche of the Offering (the " Initial Closing ") on or before March 31, 2025 . Under the Initial Closing, EV Metals VII and entities under the common control of Jacob Warnock (together, " EV Metals ") have agreed to purchase US$7,550,000 of Units and based on the Bank of Canada US$1.00 to C$ exchange rate as of February 28, 2025 of US$1.00 to C$1.44 , the Company expects to issue 26,084,453 Units to EV Metals at an issue price of C$0.4168 for aggregate gross proceeds of C$10,872,000 . The Warrants issuable pursuant to the Initial Closing will entitle the holder to acquire one Warrant Share at an exercise price of C$0.51 per Warrant Share for a period of four years from the date of the Initial Closing. The proceeds of the Initial Closing will be used for preparing IBAT's modular direct lithium extraction plant (" MDLE Plant ") for future operations and general corporate purposes. Provided that EV Metals elects to acquire additional Units at any time prior to April 17, 2025 , the Company expects the price per Unit and exercise price of the Warrants will remain the same as the Initial Closing.
TradingCharts
7 días hace
I asked Grock.
Lake resouces has a large property in Argentina. Does Lilac have access to all of lakes properties or does lake have other property waiting for another dle investor?
Lake Resources controls a substantial portfolio of lithium brine properties in Argentina, totaling around 220,000 hectares across multiple projects in the Lithium Triangle. Their flagship Kachi Project, located in Catamarca Province, is the primary focus of their partnership with Lilac Solutions. Lilac, a California-based company specializing in direct lithium extraction (DLE) technology, has been working closely with Lake on Kachi since their collaboration began in 2018, with a formal partnership solidified in 2021. Under this agreement, Lilac provides its proprietary ion-exchange technology and engineering support, earning a stake in the Kachi Project—currently at 20% following milestones like the production of 2,500 kilograms of lithium carbonate equivalent in 2023, with the potential to reach 25% based on further performance targets.
However, Lilac’s involvement appears limited to the Kachi Project specifically, rather than extending across all of Lake’s properties. Lake Resources owns three other significant lithium brine projects in Jujuy Province: Olaroz, Cauchari, and Paso. These projects are adjacent to major operations by companies like Orocobre (now Allkem), Lithium Americas, and Ganfeng Lithium, positioning them as valuable assets. There’s no clear public evidence that Lilac has access to these additional properties under the current partnership terms. The Kachi-focused agreement suggests Lilac’s role is tied to that single project, where they’ve deployed a demonstration plant and are working toward commercial-scale production, targeting first lithium in 2027.
Lake has historically framed its strategy around leveraging Lilac’s DLE technology at Kachi to establish a scalable, sustainable lithium production model. But they’ve also indicated ambitions to expand and integrate their other assets—Olaroz, Cauchari, and Paso—into production, as seen in their 2022 fast-tracking announcement. This raises the possibility that Lake could be holding these properties in reserve for either future development with Lilac, if the Kachi model proves successful, or for partnerships with other DLE technology providers or investors. The company has emphasized flexibility in its approach, engaging with multiple potential offtake partners (like Ford and Hanwa) and export credit agencies, which suggests they’re open to diverse funding and technology options.
No explicit statements confirm that Lake is actively seeking another DLE investor for these other properties right now. However, their large tenement package and the distinct mention of Kachi in Lilac’s updates imply that Olaroz, Cauchari, and Paso remain untapped by Lilac’s tech so far. Given the rising demand for lithium and the push for innovative extraction methods, it’s plausible Lake is keeping these assets available for strategic moves—whether that’s negotiating with Lilac for broader access or courting another player in the DLE space. For now, Lilac’s footprint with Lake seems confined to Kachi, leaving the door open for other possibilities on the remaining properties.
TradingCharts
7 días hace
I asked Grok.
Lake resources has been working with Lilac. what has been done in the last year between the two.
Lake Resources and Lilac Solutions have been collaborating on the Kachi Lithium Brine Project in Argentina, and over the past year—since February 26, 2024—they’ve made significant strides in advancing this initiative. Their partnership focuses on using Lilac’s innovative direct lithium extraction (DLE) technology to produce high-quality lithium in a sustainable way. Here’s a rundown of what’s happened between them in the last 12 months based on available information and the ongoing nature of their work.
The most notable recent development came earlier in 2024 when Lilac Solutions completed a successful demonstration plant at the Kachi site. This milestone showcased the effectiveness of Lilac’s ion exchange technology, proving it could operate at scale using brine directly from the wellhead. The plant demonstrated strong performance, reliability, and operability, producing lithium chloride that was later converted into lithium carbonate. This success built on earlier achievements, like the production of 2,500 kilograms of lithium carbonate equivalent announced in April 2023, which bumped Lilac’s stake in the project from 10% to 20%. While that specific production predates the last year, it set the stage for the demonstration plant’s completion in 2024, a key focus of their recent efforts.
Throughout 2024, the two companies have been working to transition the Kachi Project from pilot phase to commercial-scale development. Lake resources has been working with Lilac. what has been done in the last year between the two.This aligns with their shared goal of setting a new standard for efficient, eco-friendly lithium production. Posts on X from late 2022, while older, reflect the ongoing sentiment of progress and dedication, with Lilac’s team hitting milestones like producing on-spec lithium chloride within a month of commissioning—hinting at the kind of rapid advancements that carried into 2024.
Lake Resources has leaned on Lilac’s technical expertise, with Lilac providing engineering support and the physical infrastructure (like the demonstration plant shipped to Argentina back in 2022 and fully utilized in 2024). Meanwhile, Lake has been handling on-site logistics and advancing the project’s definitive feasibility study (DFS), which is likely nearing completion or at least progressing significantly in the past year, given prior timelines aiming for mid-2023 that may have slipped slightly. The partnership has also navigated past challenges—like a timeline dispute resolved in late 2022—focusing now on joint execution and scaling up.
In summary, over the last year, Lake Resources and Lilac Solutions have successfully completed and validated a demonstration plant at Kachi, pushed forward with engineering and feasibility work, and laid the groundwork for commercial production. Their collaboration has proven the scalability of Lilac’s DLE tech, positioning Kachi as a potential leader in sustainable lithium supply as they move toward full-scale operations.
Lilac seems to have a person who does very well at doing contracts. Lilac now has 20% stack in LAKE.
Not very good recovery rate. They need to look at IBAT.
This success built on earlier achievements, like the production of 2,500 kilograms of lithium carbonate equivalent announced in April 2023, which bumped Lilac’s stake in the project from 10% to 20%.
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TradingCharts
1 semana hace
You’ve asked about Ensorcia’s permit status, likely in the context of our ongoing discussion about lithium brine testing permits, including connections to International Battery Metals Ltd. (IBAT), Daniel Layton, American Potash, and earlier mentions of IDE Americas and Jacob Warnock’s ventures. I’ll assume you’re seeking the latest on Ensorcia Metals Corporation’s lithium-related permits, particularly for brine testing or extraction, given their role as IBAT’s partner in Chile and Argentina. Here’s what I can piece together as of February 24, 2025, focusing on their permit status in those regions and any ties to Utah or elsewhere.
Ensorcia Metals Corporation Overview
Ensorcia, founded in 2016 by Chairman Daniel Layton, is a private U.S.-based company focused on building a sustainable lithium supply chain. It’s a major IBAT shareholder (over 10% via $4M+ investments by 2021) and holds exclusive licenses for IBAT’s direct lithium extraction (DLE) technology in Chile and Argentina. Ensorcia operates through subsidiaries like Sorcia Minerals LLC (Chile) and Ensorcia Argentina LLC, securing brine resources and deploying IBAT’s tech to produce battery-grade lithium carbonate and hydroxide.
Permit Status in Key Regions
Ensorcia’s permit status hinges on its partnerships and resource access rather than direct operational permits in its own name, as it often collaborates with local entities or concession holders. Let’s break it down:
Chile
Context: Chile’s Lithium Triangle, including the Atacama Salar, is a global lithium hub. Ensorcia, via Sorcia Minerals, targets brine extraction using IBAT’s DLE tech.
Permit Details:
In 2018, Sorcia Minerals signed a Joint Development Agreement with ENAMI (Chile’s state mining company), granting access to lithium-bearing salars for exploration and development. This deal, formalized by April 2018, leverages ENAMI’s concessions rather than requiring Sorcia to secure standalone permits.
A specific concession includes Salar de Tara (Atacama region, Antofanga Province, ~5,500 hectares). A 2022 geophysical study by aQuist Hidrogeologica estimated reserves, suggesting exploration permits were active.
Chile’s SERNAGEOMIN (National Geology and Mining Service) oversees mining permits. Sorcia’s work likely falls under ENAMI’s existing exploration or exploitation permits, amended to include IBAT’s DLE deployment. No public permit number is specified, but a 2018 plan targeted a Mobile Lithium Extraction Unit operational by late 2021—delayed but likely active by 2025 given Ensorcia’s progress.
Status: Permits are effectively in place via ENAMI, with Sorcia as a technology partner. By February 2025, the Salar de Tara project is either in late testing or early production, per Ensorcia’s $220M investment pledge for a 22,000-tonne/year lithium carbonate plant (announced pre-2019, construction likely started by 2023).
Argentina
Context: Argentina’s Catamarca and Salta provinces host rich salars like Antofalla and Hombre Muerto. Ensorcia Argentina LLC leads here, also using IBAT’s DLE.
Permit Details:
In 2018, Ensorcia Argentina LLC secured a licensing deal with IBAT for lithium chloride extraction, followed by a 2022 joint venture with Terra Novo Energy and Triangle Lithium LLC. This JV acquired 15,000 hectares in Salar de Antofalla from Lithium Energi Exploration Inc. (via Global Oil Management Group), with development starting immediately.
A separate technical use agreement with Lexi covers 57,000 hectares across Antofalla and Hombre Muerto, estimating 1 million tonnes LCE. Provincial authorities (e.g., Catamarca’s mining ministry) issue concessions, and Ensorcia’s permits are tied to these acquisitions.
By 2023, Ensorcia began commercializing a 10,000-tonne/year lithium carbonate plant ($225M investment), implying permits were secured by 2021–2022 for testing and construction.
Status: Permits are active through concessions purchased or partnered on, with testing likely completed and production underway by February 2025. Exact permit IDs aren’t public, but operational status confirms regulatory approval.
Utah, USA
Context: You asked about UDOGM permits earlier, and Ensorcia’s IBAT connection raises Utah’s relevance due to IBAT’s plant at US Magnesium.
Permit Details: IBAT’s July 2024 DLE plant in Utah (5,000 MT/year LCE, expandable to 20,000) operates under US Magnesium’s UDOGM permits, not Ensorcia’s. Ensorcia’s role is as an IBAT investor, not a permit holder here. No UDOGM records list “Ensorcia” for lithium brine testing or extraction.
Status: No direct Ensorcia permits in Utah; their influence is financial via IBAT.
Broader Permit Insights
Strategy: Ensorcia secures permits indirectly through local partners (ENAMI in Chile, concession owners in Argentina), focusing on IBAT’s tech deployment rather than operating wells itself. This mirrors American Potash’s direct exploration permits in Utah’s Paradox Basin, but Ensorcia leans on existing infrastructure.
Progress: By 2025, Ensorcia’s Chile and Argentina projects are likely permitted and operational, aligning with Layton’s Davos 2024 announcement of a European hydroxide plant for 2026, fed by South American lithium.
Comparison: Unlike American Potash (UDOGM/BLM permits for drilling), Ensorcia avoids direct permitting hassles, relying on partners’ regulatory legwork.
Conclusion
Ensorcia’s permit status as of February 24, 2025, shows active lithium brine testing and extraction permits in Chile (via ENAMI, Salar de Tara) and Argentina (via Antofalla and Hombre Muerto concessions), likely in production phases. No permits exist in Utah under Ensorcia’s name—there, IBAT and US Magnesium handle UDOGM approvals. Permits are effectively secured through partnerships, not standalone Ensorcia filings, reflecting a strategic, tech-focused approach. Want specifics on a single site or X-sourced updates? Let me know!
TradingCharts
1 semana hace
BINGO>>>
You’ve asked for more information on American Potash and lithium, likely in the context of our earlier discussions about lithium permits with Utah’s Division of Oil, Gas and Mining (UDOGM), IBAT, and related players like Daniel Layton and Ensorcia. I’ll focus on American Potash Corp. (now American Critical Minerals Corp.) and its lithium pursuits, particularly in Utah’s Paradox Basin, where it’s actively exploring lithium alongside potash. Here’s a detailed rundown as of February 24, 2025.
American Potash: Company Overview
American Potash Corp., rebranded to American Critical Minerals Corp. in November 2024 (CSE: KCLI, OTC: APCOD), is a Canadian exploration company targeting potash and lithium in Utah’s Paradox Basin. The name change reflects its dual focus on these critical minerals, driven by demand for fertilizers (potash) and battery materials (lithium). Led by CEO Simon Clarke, the company has assembled a robust portfolio of mineral assets in a region known for its geological potential.
Assets:
State Leases: 11 Utah State (SITLA) mineral and salt leases covering ~7,050 acres.
Federal Claims: 1,095 BLM lithium brine placer claims spanning 21,150 acres.
Federal Permits: 11 BLM potash prospecting permits covering ~25,480 acres, approved October 2, 2024.
Total Area: Over 32,530 acres across the Green River Potash and Lithium Project, 20 miles northwest of Moab, Utah.
Strategic Location: The project sits in the Paradox Basin, near Intrepid Potash’s Moab solution mine (~30 km southeast), benefiting from proximity to rail hubs, roads, and labor markets. It’s also adjacent to Anson Resources’ Green River Lithium Project, enhancing its lithium prospectivity.
Lithium Exploration and Permits
American Potash is chasing lithium brine—a salty, lithium-rich fluid trapped in underground aquifers—alongside its primary potash targets. The Paradox Basin’s evaporate layers (e.g., Cycle 5) and brine-bearing formations (e.g., Mississippian Leadville and Pennsylvanian Paradox) hold significant lithium potential, validated by historic oil and gas well data.
UDOGM Permits:
State Leases: In October 2023, UDOGM granted permits for three exploratory wells (Duma Point, Mineral Springs, Ten Mile) on state leases, allowing drilling to 9,400 feet. These target both potash and lithium brine horizons, building on a 2012 NI 43-101 Exploration Target of 600 million to 1 billion tonnes of sylvinite (19–29% KCl). Bonding was completed by late 2024, enabling drilling to start in 2025.
Federal Permits: On October 2, 2024, BLM approved 11 potash prospecting permits with four drill holes authorized across 25,480 acres. While potash-focused, these permits allow lithium brine sampling, as the same strata host both minerals. An appeal by the Southern Utah Wilderness Alliance (SUWA) is pending, but no stay has been granted, so exploration can proceed.
Total Drill Holes: Seven holes are now permitted across state and federal lands, positioning the company for “brownfield” confirmation drilling in 2025 to define maiden potash and lithium resources.
Lithium Evidence:
Historic wells near the project (e.g., Shell Quintana Fed 1-1, half a mile from Duma Point) reported lithium concentrations up to 500 ppm, alongside bromine (6,100 ppm) and boron (1,260 ppm).
Neighboring Anson Resources estimates 2–2.6 billion tons of brine with 100–150 ppm Li (200,000–390,000 tonnes LCE) in the same formations, suggesting continuity under American Potash’s claims.
Goals: The company aims to upgrade its potash Exploration Target to an NI 43-101 resource and establish an initial lithium resource in 2025, leveraging drilling data from these permits.
TradingCharts
1 semana hace
Part of my conversation with Grok
You’ve asked me to check if IDE Americas, Inc. has lithium brine testing permits anywhere on Earth, and now you’re suggesting I look into what International Battery Metals Ltd. (IBAT) brings to the table, adding Daniel Layton and Ensorcia into the mix. I’ll tie these threads together, focusing on IDE Americas’ permit status while exploring IBAT’s role, Daniel Layton’s involvement, and Ensorcia’s connection, especially since Keith Solar (IDE Americas’ counsel) and Iris Jancik (former IDE Americas head, now IBAT CEO) bridge these entities. Let’s get into it as of February 24, 2025.
Recap: IDE Americas and Lithium Permits
IDE Americas, Inc., a subsidiary of IDE Technologies (Israel), specializes in desalination and water treatment, notably operating the Carlsbad Desalination Plant in California. Keith Solar, a water law expert representing IDE Americas, sits on IBAT’s board, and Iris Jancik, ex-CEO of IDE Americas, now leads IBAT. Despite their water expertise, IDE Americas isn’t directly tied to lithium brine testing permits. Their focus remains on desalination projects, not lithium extraction. I’ve searched regulatory bodies globally:
U.S.: No permits with Texas Railroad Commission, North Dakota DMR, or Utah/Nevada agencies list IDE Americas for lithium brine testing.
South America: In Chile (SERNAGEOMIN) and Argentina, IDE’s work (via IDE Technologies Chile) is industrial water treatment, not lithium-specific. No permits found.
Elsewhere: IDE’s 400+ plants worldwide (e.g., Sorek, Israel) are desalination-focused, with no lithium brine testing permits evident.
IDE Americas could theoretically support lithium projects with brine processing tech, but no permits are in their name.Their role seems peripheral—supplying expertise or tech via Jancik and Solar to IBAT, not holding permits themselves.
What IBAT Brings
IBAT is the lithium extraction player here, developing patented modular direct lithium extraction (DLE) technology. Unlike IDE Americas, IBAT is actively deploying this tech to extract lithium from brine:
Tech Highlights: IBAT’s DLE uses a proprietary absorbent to selectively extract lithium, avoiding chemicals, recycling 98% of water, and returning depleted brine to its source. It’s fast (18 months to production), scalable (modular units), and sustainable (97%+ lithium recovery, per SLR verification in Utah).
Deployments:
Utah, USA: In July 2024, IBAT launched the world’s first commercial modular DLE plant at US Magnesium’s site near Salt Lake City, processing lithium from magnesium chloride brine waste. This is North America’s first commercial DLE operation.
Western U.S.: A second MDLE plant term sheet was signed in January 2024 with a metals producer (unnamed), targeting integration into existing facilities. Location isn’t specified beyond “western U.S.,” but it’s operational or near operational by now (February 2025).
Chile: Since 2018, IBAT licensed its tech to Ensorcia Metals for a Mobile Lithium Extraction Unit, planned for a Chilean salar (likely Atacama region). Deployment lagged (targeted late 2019/early 2020, then 2021), but Ensorcia’s involvement suggests progress by 2025.
Argentina: A second 2018 licensing deal with Ensorcia’s Ensorcia Argentina LLC targets lithium chloride extraction from Argentine salars (e.g., Catamarca’s 140,000 acres). Commercialization began in 2023, with IBAT earning royalties and fees.
Permits: IBAT doesn’t typically hold permits directly—partners or resource owners do. In Utah, US Magnesium likely filed with Utah’s Division of Oil, Gas and Mining. In Chile, Ensorcia/Sorcia Minerals, with Chilean agency ENAMI, would handle permits (SERNAGEOMIN). In Argentina, Ensorcia Argentina LLC manages concessions (e.g., Salar de Antofalla). No specific permit numbers are public, but IBAT’s tech is permit-enabled via these partnerships.
IBAT brings speed, sustainability, and scalability to lithium extraction, contrasting with IDE Americas’ water treatment focus. Jancik’s expertise from IDE likely shapes IBAT’s operational strategy, while Solar’s legal acumen supports contracts.
Daniel Layton and Ensorcia’s Role
Daniel Layton, Chairman of Ensorcia Metals Corporation, is a key IBAT backer:
Ensorcia Overview: Founded in 2016, Ensorcia aims to build a sustainable lithium supply chain. It’s licensed IBAT’s DLE tech for Chile (Sorcia Minerals LLC) and Argentina (Ensorcia Argentina LLC), securing brine resources (e.g., Salar de Tara, Chile; Antofalla, Argentina).
Layton’s Involvement: Layton, an energy executive, drove Ensorcia’s $4M investment in IBAT (2020–2021) and exercised $350K in warrants in 2021. Ensorcia holds over 10% of IBAT stock, making it an insider. Layton’s vision aligns IBAT’s tech with South American lithium riches.
Permits: Ensorcia, not IBAT, likely secures testing permits:
Chile: A Joint Development Agreement with ENAMI gives Ensorcia access to salars. Permits would be filed with SERNAGEOMIN, though specifics aren’t public. The 2018 deal targeted a 2021 start—by 2025, testing or production is plausible.
Argentina: Ensorcia’s 140,000-acre Catamarca concessions (1M tons LCE estimated) suggest permits via provincial authorities. A 2023 partnership with IBAT confirms commercialization, implying permits are active.
Layton’s Ensorcia bridges IBAT’s tech to brine resources, handling permits where IDE Americas doesn’t.
Tying It Together
IDE Americas: No lithium brine testing permits globally. Their desalination expertise (via Jancik, Solar) indirectly supports IBAT, but they’re not in the lithium permit game.
IBAT: Delivers cutting-edge DLE, with operational plants (Utah) and partnerships (Chile, Argentina, western U.S.). Permits are held by partners like US Magnesium, Ensorcia, or resource owners, not IBAT directly.
Layton/Ensorcia: Funds IBAT and secures South American brine permits, driving IBAT’s global reach.
No direct IDE Americas lithium permits exist, but IBAT—boosted by Jancik, Solar, Layton, and Ensorcia—is the lithium extraction force here, with permits flowing through its ecosystem. Want me to dig deeper into a specific IBAT site or Ensorcia’s permit status? Let me know!
TradingCharts
1 semana hace
Wow this is nice to know. Mr. Solar is also a director at Solar currently represents IDE Americas, Inc. That is where Iris Jancik, came from.
Come on IDE Americas lets get a few contracts.
https://www.ibatterymetals.com/board-of-directors-and-executive-officers
Keith Solar is a founding partner at Parks & Solar, LLP and has significant experience representing public and private clients regarding water rights and water-related issues, with particular emphasis in desalination and potable reuse. Solar currently represents IDE Americas, Inc. and served as special counsel to the City of Carlsbad from 2002 to 2024. In that role he assisted the City and the Carlsbad Municipal Water District in negotiating land use and water purchase agreements, respectively, for the Claude “Bud” Lewis Carlsbad Seawater Desalination Plant. He has authored several published commentaries on water issues and is a lecturer at local and international water conferences and CLE programs. In 2017-2024, Solar was named a “Super Lawyer” by Corporate INTL Magazine and was named “Water Law – Attorney of the Year in California” in 2014 and 2015. He earned his J.D., with highest distinction, from McGeorge School of Law, University of the Pacific, and his A.B. in Journalism, with great distinction, from Indiana University. He is admitted to practice law in California, Texas and Tennessee.
TradingCharts
2 semanas hace
BIG SANDY UPDATE
https://mcusercontent.com/b7d461903737dcf961676c2ea/files/5ee63209-7022-491e-56a1-f32047e3e351/6A1251581_AZL.pdf
HIGHLIGHTS
Arizona Lithium (AZL) has consulted with all stakeholders and is forming a mutually beneficial plan for the development of the Big Sandy Lithium Project with input from the Navajo Transitional Energy Company (NTEC), a major AZL shareholder.
AZL has rescinded its approved Plan of Operations for the Sandy Valley Exploration Project (phase 3) AZAZ106236937 (AZA-037487) as lodged on 26 April 2024 and approved by the Bureau of Land Management (BLM) on 9 July 2024.
AZL will update the market with new plans for the Big Sandy project development in the coming months.
Test work on the Big Sandy bulk sample material, collected last year, is continuing. Initial results look very encouraging and the Company will update the market as the testing results are concluded.
Creation of shareholders wealth in the short and medium term will be created from the Prairie Lithium Project, which is already in its construction phase.
AZL previously announced its intention to deploy the first ever Koch Technology Solutions (KTS) Li-Pro commercial-scale unit at the Prairie Lithium Project in Saskatchewan this year. This represents the largest Direct Lithium Extraction (DLE) process ever deployed by KTS and the first commercial-scale production at AZL’s Prairie Lithium Project.
The Prairie Lithium Project in Canada is well positioned to feed battery-grade lithium carbonate into the mature Asian battery market and the developing North American market. Battery-grade samples produced from the Prairie Lithium Project are currently being distributed and tested in Asia and North America.
Arizona Lithium Limited (ASX: AZL, AZLO, OTC: AZLAF) (“Arizona Lithium”, “AZL” or “the Company”), a company focused on the sustainable development of two large lithium development projects in North America, the Prairie Lithium Project (“Prairie”) and the Big Sandy Lithium Project (“Big Sandy”), advises that it has rescinded its approved Plan of Operations for the Sandy Valley Exploration Project (phase 3) AZAZ106236937 (AZA-037487) as lodged on 26 April 2024 and approved by the Bureau of Land Management (BLM) on 9 July 2024. The Company plans to develop the Big Sandy Project in a slightly modified fashion, after input from all stakeholders, including the Navajo Transitional Energy Company (NTEC), a major AZL shareholder.
Arizona Lithium Managing Director, Paul Lloyd, commented:
“We are committed as a company to both our development projects – the Prairie Lithium Project and the Big Sandy Project. Our short-term focus is on the Prairie Lithium Project, which we are developing rapidly. Longer term we are still extremely excited about the Big Sandy Project, which is still at a stage that its plan can be optimized to get the best probability of creating shareholder value. After careful consultation with all stakeholders we believe that the best way forward is to withdraw this latest drilling application (from April 2024) and to resubmit a new plan that will optimize project development. We will keep the market abreast of these development plans as they are finalized.”
TradingCharts
3 semanas hace
Norma L. Garcia was hired for the settelment.
https://www.ibatterymetals.com/about-us
Norma L. Garcia joined International Battery Metals Ltd. in November 2024 as General Counsel and Corporate Secretary. Norma brings over 20 years of public company legal experience in international, regulatory compliance, corporate governance, risk management, litigation and commercial transactions and oversees the company’s legal strategy while leading its ethics, and compliance initiatives.
Before joining International Battery Metals, Norma served as General Counsel and Chief Human Resources Officer at Stryve Foods, Inc. (Nasdaq: SNAX), managing litigation, corporate governance and driving talent retention strategies.
Earlier, at Rent-A-Center (Nasdaq: UPBD), Norma rose to VP Assistant General Counsel & Chief Diversity Officer, where she led international legal strategy, diversity initiatives, risk management, and compliance programs. Norma’s career began at Walmart, where she handled class action litigation, compliance initiatives, real estate, and employment matters, and she started her legal journey as an Assistant District Attorney with the Collin County District Attorney’s Office in McKinney, Texas.
Norma’s extensive experience and proven leadership in legal strategy, corporate governance, and compliance make her a key contributor to IBAT’s mission of driving innovation.
TradingCharts
3 semanas hace
Especially if trying to sell patent/company.
141 Filed & Entered: 02/11/2025
https://investorshub.advfn.com/uimage/uploads/2025/2/12/ypolda1_case.png
INSTRUCTIONS FOR SETTLEMENT CONFERENCES AND
PREPARATION OF CONFIDENTIAL SETTLEMENT STATEMENTS (“CSS”)
for Submission to Magistrate Judge Starnella
Effective August 7, 2023
I. Introduction
If you follow these instructions carefully, I will be able to use my best efforts
towards resolution of your case. On the other hand, if you do not follow these
instructions, I may require that you revise your CSS, or postpone or cancel the
settlement conference. Thank you for your cooperation.
II. Settlement Conference Instructions
A. If the parties’ Confidential Settlement Statements and exhibits are not
submitted by the deadline set by the Court, the settlement conference will be vacated
and sanctions may be imposed.
B. If any party does not follow Magistrate Judge Starnella’s Instructions for
Preparation of Confidential Settlement Statements, the settlement conference will be
vacated.
C. Extensions of the deadline to file Confidential Settlement Statements require
a showing of good cause and should be sought by telephone (303-335-2770).
Extensions must be sought before the deadline expires.
D. Non-parties and non-party representatives, including relatives of parties, shall
not attend the settlement conference without prior written permission of the Court.
Non-parties who attend without permission will be required to leave.
E. All named parties or party representatives shall attend the settlement
conference in person unless excused in advance by Order of the Court. A valid photo
identification is required for entry to the Courthouse.
F. Counsel and the parties should plan to remain at the settlement conference
for at least four hours after it begins. You will not be permitted to leave before that
time for any reason, unless excused by Magistrate Judge Starnella. Travel
arrangements should be made accordingly.
G. Unfortunately, because the Court is a publicly funded non-profit entity and not
a private for-profit enterprise, there is no budget for refreshments to be provided during
the settlement conference, and therefore none will be provided. Please DO NOT ask
Magistrate Judge Starnella or her law clerks for refreshments. You may bring nonalcoholic beverages to the settlement conference.
Page 2
H. If you have obtained permission to have a party or party representative
appear by telephone, you must provide the telephone.
I. Interpreters are welcome but must be provided at the party/parties’ expense.
J. Compliance with instructions stated herein is mandatory, unless written
permission to deviate from them is obtained in advance. Thank you for your
cooperation.
III. Confidentiality
In our court, in order to protect the integrity of the process, settlement
conferences are confidential. I take this policy very seriously. In conducting the
settlement conference, I will not use information provided in your CSS unless you
explicitly authorize me to do so. (When appropriate, I may suggest that you authorize
me to disclose information.) Therefore, please include in your CSS a designation of all
information that you do not wish me to share with the other party (parties) and/or
counsel (see Section IV.B. 10. below). You may not disclose information exchanged
during the settlement conference to anyone who is not a party to the litigation, counsel
to a party, or counsel’s support staff.
IV. Instructions Regarding Content of CSS
Counsel shall prepare and submit two statements: one to be submitted to the
other party or parties, and the other to be submitted only to this Court, no later than five
business days prior to the date of the settlement conference.
A. Statement to opposing counsel. The first statement is directed to
opposing counsel and opposing parties participating in the settlement conference. It
should contain an overview of the case from the presenter’s point of view, summarize
the evidence that supports that side’s claims, and may present a demand or offer.
These statements should be intended to persuade the opposing parties and counsel.
B. Confidential statement to the Court. The second statement is
confidential and must be emailed to Starnella_Chambers@cod.uscourts.gov and not
submitted for filing or exchanged with the other parties. This statement must attach the
statement to opposing counsel and include the following additional information:
1. Facts of the case;
2. A numbered list of the known significant disputed issues of fact;
3. Computation of damages;
4. Appropriate legal authority;
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5. A numbered list of the known significant disputed legal issues;
6. Damages survey (settlements, bench trials, jury awards);
7. Actual and anticipated costs of litigation;
8. History of settlement negotiations;
9. Good faith evaluation of the value of the case, considering the facts,
provable damages, damages limitations (if any), legal issues, witness
strengths and weaknesses, procedural status, timing of trial,
comparable case verdicts, and any other information you believe to be
relevant, AND a good faith explanation of why you value the case as
you do;
10.Preferences for how the settlement conference should be conducted
(i.e., approach to the settlement conference and information that
should not be shared with opposing party or counsel);
11.Any additional confidential comments the party or counsel wishes to
make, such as comments about perceived weaknesses in the case,
any observations about the weaknesses in the opposing party’s case,
and any comments that would be helpful to Magistrate Judge Starnella
in assisting the parties in negotiating a resolution; and
12.A settlement demand or offer.
V. Instructions for Filing of CSS
If you participate in ECF, please e-mail the CSS in PDF format to my Chambers:
Starnella_Chambers@cod.uscourts.gov. Up to 100 pages of additional settlement
materials (e.g. deposition transcripts, exhibits, etc.) may also be submitted to the Court
by e-mail along with the CSS. If you do not participate in ECF, you should mail or
deliver your CSS and additional materials as hard copies, either to the Clerk of the
Court or directly to my Chambers in an envelope marked “Confidential and Private per
Magistrate Judge Starnella Order.”
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