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Imagine Lithium Inc. V.ILI

Alternate Symbol(s):  ARXRF

Imagine Lithium is an exploration company advancing its Jackpot Lithium Project in Nipigon, Ontario. The project has a historic resource of 2M tonnes at 1.09% Li2O and 750kt @ 1.38% Li2O. The 2022 drill program was to increase the size of the historical resource. The results of the 2022 campaign will be combined with the extensive historical data and included in a first resource estimate in 2023. Imagine has launched a property wide exploration program on the ~18.8k ha Jackpot project.


TSXV:ILI - Post by User

Bullboard Posts
Comment by art27on Nov 03, 2009 2:58am
396 Views
Post# 16446551

RE: I guess one good thing about it

RE: I guess one good thing about itI'm thinking 6 cents shares from this 15mil PP are still being sold and anonymous is a part of this PP.
The first tranche of 6mil units closed on Oct 21st and since then about 4mil shares traded hands. I figure we still have approx. 5mil more shares to go before this PP is fully closed ? Correct me if I'm wrong.

Art27


October 21st, 2009, VANCOUVER, B.C. – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V)(37N – FRANKFURT) ispleased to announce the closing of the first tranche of its privateplacement (the "Private Placement") announced in a news release dated September 28, 2009.Pursuant to the Private Placement, the Company issued 6,265,000 units(the "Units") at a price of $0.06 per Unit for gross proceeds of$375,900.

September 28th, 2009, VANCOUVER, B.C. – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V)(37N – FRANKFURT)announces it has arranged a private placement of up to 15 million unitsat a price of six cents per unit for gross proceeds of up to $900,000.It is anticipated that this private placement will be non-brokeredhowever a portion may be brokered.


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