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Frontier Lithium Inc V.FL

Alternate Symbol(s):  LITOF

Metals & Mining Industrial Metals & Minerals
Frontier Lithium Inc. is engaged in the acquisition, exploration and development of lithium mineral properties in Ontario, Canada. The Company is engaged in a pre-production business with a focus to be a strategic and integrated domestic supplier of spodumene concentrates for industrial users as well as battery-grade lithium hydroxide and other chemicals to the electric vehicle and energy storage markets in North America. The Company’s flagship asset, PAK Lithium Project, located about 175 kilometers (km) north of Red Lake, Ontario in the Red Lake Mining District and encompasses close to 27,000 hectares (ha). It also has two other spodumene-bearing discoveries, such as the Bolt pegmatite, which is located between the PAK and Spark deposits, as well as the Pennock pegmatite, located 25 km northwest of the PAK deposit within the project claims. Its lithium products include spodumene concentrate and lithium hydroxide monohydrate.


TSXV:FL - Post by User

Frontier Lithium Inc
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Comment by mumush1on Dec 09, 2010 11:36am
213 Views
Post# 17823799

RE: $500,000 Flow-Through Financing

RE: $500,000 Flow-Through FinancingOk this one has me stumped... didn't we just secure a 10mil line of credit.  Why is this necessary?

I really can't be bothered to review the terms closely right now but i'm wondering what advantage was there in pursuing this? Are these conditions better than those on the credit line already in place ?  Pretty ambivalent news for me ...prefer to here there about concrete actual action (i.e drilling) ...


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Dealroom for high-potential pre-IPO opportunities