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Lithos Group Ltd N.LITS

Alternate Symbol(s):  LITSF

Lithos Group Ltd., formerly Lithos Energy Ltd., is engaged in delivering sustainable lithium. The Company offers AcQUA, which is a patent-pending technology that spans the complete value chain from the conditioning and pre-treatment of raw brines through the direct lithium extraction (DLE) phase into the polishing and purification of battery grade lithium feedstock. The Company has two processing facilities: a 4,000 square feet (sq ft) lab in Denver, Colorado and a 55,000 sq ft complex in Bessemer, Alabama. The Company is engaged in a contract with multiple strategic mineral resource owners and processing brines from the Salars in Chile and Argentina, and the Smackover reservoir in the Southeastern United States. The Company’s wholly owned subsidiary is Aqueous Resources LLC.


NEO:LITS - Post by User

Bullboard Posts
Post by neoneilon Mar 27, 2019 11:51am
93 Views
Post# 29542660

News out...

News out...  
VANCOUVER, BC / ACCESSWIRE / March 27, 2019 / Alchemist Mining Inc. (AMS.CN) ("Alchemist" or the "Company") is pleased to announce the signing of a binding letter of intent ("LOI") for the acquisition of a 15% interest in Lady Chatterley Health. The purchase price shall be $210,000 USD, paid in common shares of the capital of Alchemist. Further, Alchemist will undertake to invest a minimum of $800,000 USD in exchange for a further 49% of the company, milestones and details of which will be set out in the definitive agreement.
Lady Chatterley is a unique cannabis delivery service in the San Francisco Bay area, which features a wide array of the finest California Craft Cannabis flower, pre-rolls, stylish vape pens and cartridges, delicious edibles and relaxing spa products. Licensed by the State of California and City of San Francisco, Lady Chatterley's average order value is $148 USD with over 1,500 customers and 65% of current sales are repeat customers. Lady Chatterley is one of the top ranked Type 9 license operators in California due to its successful track record under the California medical marijuana regulations since its inception in 2015.
"We are very excited with the opportunity of partnering with the team at Lady Chatterley. Their customer demographic, current delivery footprint, and above all their high-quality products and user experience, solidly positions our ability to grow the delivery service statewide," said Alchemist CEO, Paul Mann.
Lady Chatterley CEO, Stephen Kerford, said: "Since 2015 we have worked diligently to connect our customers to unique products and producers through the individual stories of these artisans. This relationship with AMS will allow us to grow our offering, increase revenue from existing clients, and expand our offering statewide and eventually nationally throughout the USA."
On Behalf of the Board,
Paul Mann, CEO
Alchemist Mining Inc.
For further information on this release, please contact:
Sukh Sandhu Investor Relations 
Investors@alchemistinc.ca 
604-601-2093
Bullboard Posts