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Advance Lithium Corp V.AALI.H

Alternate Symbol(s):  ADGCF

Advance Lithium Corp. is a Canada-based junior exploration company. The Company is focused on acquisition and exploration of mineral properties, which contain precious metals, battery metals and fertilizer minerals. It is engaged in the exploration and evaluation of mineral property interests. Company has 13 lithium-potassium-boron salary and a research and development (R&D) lab in central Mexico. Its Advance Lithium Salars include La Doncella, Maxy, Hernandez, El Cristalillo, Las Casas, Salitral, Saldivar, Agrito, La Prieta, Chapala, El Perdido, El Barril and Colorada. The Company holds 100 % interest in the Tabasquena silver mine, which is located in Zacatecas, Mexico and Venaditas project, which is located in Zacatecas state. It also holds 100 % interest in the Sarape epithermal gold project in Mexico. Sarape epithermal gold project is 57 square kilometers. Its Bathurst mining camp project has a land package of 170 square kilometers.


TSXV:AALI.H - Post by User

Bullboard Posts
Comment by spring2010on Jul 23, 2010 11:12pm
513 Views
Post# 17293887

oct 9 hold period ends

oct 9 hold period ends
ADVANCE GOLD CORP. ("AAX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 14, 2010
TSX Venture Tier 2 Company


TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced June 9, 2010:


Number of Shares: 2,000,000 shares


Purchase Price:
.06 per share


Warrants: 1,000,000 share purchase warrants to
purchase 1,000,000 shares


Warrant Exercise Price:
.10 for a one year period. The warrants
are subject to an accelerated exercise
provision in the event the Company's shares
trade at
.25 or greater for 20 consecutive
trading days after the four months and one
day after closing.


Number of Placees: 7 placees


Insider / Pro Group Participation:


Insider=Y /
Name ProGroup=P / # of Shares


James T. Gillis Management
(James T. Gillis) Y 500,000
Alvin F. Ritchie P 400,000


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.
Bullboard Posts