Critical Elements Lithium Corp V.CRE

Alternate Symbol(s): CRECF

Metals & Mining Industrial Metals & Minerals

Critical Elements Lithium Corp is a Canada-based mining exploration company. The Company is engaged in the acquisition, exploration, development and processing of critical minerals mining properties in Canada. Its projects include Rose Lithium-Tantalum, Rose North, Rose South, Arques, Bourier, Dumulon, Duval, Nisk, Lemare, Caumont, and Valiquette. The Rose Lithium-Tantalum property consists of over 473 claims covering a total area of over 246.55 square kilometers (km2). It lies in the northeastern part of Superior Province, within the Eastmain greenstone belt. The Rose North property consists of about 31 claims covering a total area of over 16.14 km2. The Arques Property is composed of one block totaling around 136 claims covering an area of 6,840.93 hectares (ha) over 18 kilometers (kms) in length in a Southwest-Northeast direction. The Bourier Property is comprised of over 304 claims with an area of 15,616.47 ha for over 30 kms. The Rose South property consists of over 280 claims.

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Critical Elements Lithium Corp

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Post by seadogweston Nov 12, 2013 10:29am

187 Views

Post# 21897229

Really

Interest has gone again.

Want something to look at until we have some interest again.

I never post any other press releases on other sights but this one is worth a look. Not the company but how they are paying their bills. I don't know if this is good or bad.

Today

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Financial Press: Alix Announces Initial Bitcoin Mining Exploration Transaction / Implementation of Bitcoin Exchange

VANCOUVER, BRITISH COLUMBIA - (Financial Press - Nov. 12, 2013) - ALIX RESOURCES CORP. ("Alix" or the "Company") (TSX VENTURE:AIX)(FRANKFURT:37N) (ARXRF-US CLEARING SYMBOL) is pleased to announce that it has entered into an innovative and creative service plan with Ridge Resources Ltd. for upcoming exploratory work on its Windy Property located 15 kilometers north of Cassiar, British Columbia (see news release, November 7, 2013). Pursuant to the plan, Alix will pay Ridge for its services in bitcoins on an ongoing basis and will continue to explore this avenue for funding future endeavours with other service providers.

To explore this model of payment more fully with its other service providers, Alix has also entered into an agreement with a private software vendor to license a Bitcoin exchange to be administered by Alix. Management anticipates that the exchange will be launched in early January 2014.

President and CEO Michael England states, "The growth of popularity in the bitcoin space as an alternate method of payment has led Alix to step into this very exciting market. This transaction is the first of its kind within the Canadian junior mining sector and positions Alix as a participant at an early stage in the global Bitcoin marketplace."

About Bitcoin:

Bitcoin is a distributed, peer-to-peer digital currency that functions without the intermediation of any central authority. Bitcoin payment processing fees are substantially lower than those of credit cards or money transfers, and while the exchange rate is highly volatile, on average bitcoins have appreciated rapidly in relation to other currencies. Notable recent events include:

Bitcoin market cap at an all time high
Bitcoin price broke 52-week highs in recent weeks
World's first bitcoin ATM recently unveiled in Vancouver, BC

For more information regarding bitcoin please visit www.Bitcoin.org.