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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
Post by Bluebirdson Mar 03, 2016 2:03pm
137 Views
Post# 24618494

High volume today...

High volume today...Perhaps connected to neighbouring REM fund raise on Monday?

"The proceeds of the fundraising will be used primarily to fund or increase our economic interest in our existing investments, all of which are anticipated to make significant progress during this calendar year. In addition, the Company is reviewing additional investments in the fast growing lithium sector."

https://www.moneyam.com/action/news/showArticle?id=5222064

There is also talk on the Lithium Australia messageboards that the company would like to roll out some good news in anticipation of prospectus for bonus shares next week.  Some have speculated that could be a "commercial viability" announcement for the lithium discovery samples sent for testing to KC & A, Nevada at the end of January...
Bullboard Posts