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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 Apr 01, 2019 10:57am
73 Views
Post# 29563630

Monday April 1.... News out!

Monday April 1.... News out!

Alchemist Signs Binding LOI with Vancouver based Rubikon Blockchain Corporation to deliver blockchain validated Seed-to-Sale software platform and a B2B wholesale craft cannabis marketplace to licensed operators in Canada and the United States

VANCOUVER, BC / ACCESSWIRE / April 1, 2019 / Alchemist Mining Inc (CSE: AMS) ("AMS" or the "Company") is pleased to announce the signing of a binding Letter of Intent ("LOI") for the acquisition of a 10% interest in Rubikon Blockchain Corporation. The purchase price shall be $902,882 Canadian dollars, paid in the common shares of the capital of Alchemist and $800,000 Canadian dollars of further investment, terms of which will be defined in the definitive agreement. Completion of the acquisition is subject to regulatory approvals and entry into a definitive agreement.

Rubikon's flagship software, CertiCraft, is a Seed-to-Sale (S2S) product information and compliance tracking platform for the cannabis industry. Combining RFID and IoT technologies with blockchain immutability provides a secure, automated, and comprehensive solution to the problem of visibility into a cannabis product's point of origin, lab certification, and proof it came from a legal, licensed producer.

"Rubikon's Certicraft, is without a doubt the most comprehensive and simple to use Seed-to-Sale application that we have seen, and we have seen quite a few. We are very excited about the opportunity to partner with the team at Rubikon and to seamlessly integrate their unique Seed-to-Sale software and B2B marketplace to the AMS Technology Platform", said Alchemist CEO Paul Mann.

"Partnering with Alchemist and its existing group of companies makes a lot of sense to us at Rubikon. Their industry reach, technology and business partners, along with their access to public markets, allow us the ability to accelerate our growth in the cannabis sector," said Joel Semczyszyn, CEO of Rubikon Blockchain Corporation

On Behalf of the Board,

Paul Mann, CEO 
Alchemist Mining Inc.


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