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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 pumpbusteron Nov 03, 2009 10:01am
471 Views
Post# 16447147

RE: RE: I guess one good thing about it

RE: RE: I guess one good thing about itit's my understanding that the current selling pressure is coming from a previous pp coming free-trading...not from the current financing. According to the last news release the company must issue further details on the hold period:

"Pursuant to corporate finance Policy 4.1, Section 1.11(d), the company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The company must also issue a news release if the private placement does not close promptly. Note that in certain circumstances the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term."

To my knowledge....the latest pp is not short form....could be wrong tho.
Bullboard Posts