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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

Comment by InvestorRightson Jun 04, 2021 3:40am
67 Views
Post# 33328030

RE:RE:RE:RE:More lies from BozoT! This should settle it! He is a LOSER

RE:RE:RE:RE:More lies from BozoT! This should settle it! He is a LOSERYou just can't stop with your baseless bashing? You know it's AMS in that article! You have offerred no proof but just continuous lies to hurt the Indigenous people and the Investors of AMS! What kind of a low life get's his kicks from causing this type of baseless bashing? Your posting history speaks for itself! Even members of other forums are sick and tired of your constant baseless bashing! Your a sick individual! People are sick of your lies! Everyday you have to come on here and bash one company or another! It's time you get called out for the constant bullying! You would not be the first person on SH who is outed by their IP address and sued for their lies and slander!

Chilliwack’s Shxwha:y First Nation approved for cannabis cultivation and processing facility

It will be the first majority-owned Indigenous on-reserve licensed facility in Western Canada

Chilliwack will soon be home to a state-of-the-art cannabis cultivation and processing facility.

The 30,000 square foot project, with licensing just approved by Health Canada, will be built and owned by the Shxwha:y First Nation, an Indigenous community with a small population on the northwest side of Chilliwack.

It’s a historic moment, representing the first Health Canada approval of a majority owned Indigenous on-reserve licensed facility in Western Canada. Only four have been authorized across the entire country under the Cannabis Act, out of more than 600 approvals.

“Our investments in our people, processes and partnerships have facilitated this most exciting regulatory milestone,” said Shxwha:y Chief Robert Gladstone. “This is about advancing economic development on-reserve, maximizing returns on our traditional lands, and ensuring meaningful employment opportunities for our members and communities for years to come.

“We are set to start production immediately, utilizing leading technology, with the care and commitment to quality from top to bottom.”

RELATED: Consortium of Indigenous chiefs seeking a way to participate in cannabis economy

RELATED: Chilliwack First Nations get into growing, selling marijuana before legalization

Once active, the facility will produce 4,000 kilograms of cannabis products year round. Those products will be distributed locally, nationally and internationally.

Chief Gladstone worked closely with the federal government on the way to this moment and said that collaboration will continue. He hopes this achievement motivates other Indigenous leaders to pursue similar opportunities.

All Nations Cannabis Consulting, a group of Indigenous business leaders looking to foster sustainable economic development opportunities through the Cannabis sector on-reserve, supported this landmark.

“Creativity, traditions and technology align together at All Nations,” said All Nations CEO Darwin Douglas. “We are guided by history, informed by technology and focused on Indigenous people’s prosperity. This is an exciting and momentous achievement for Indigenous led businesses in Canada.”

The All Nations group continues discussions with BC’s provincial government on retail distribution agreements consistent with the Cannabis Control and Licensing Act. Chief Gladstone and his team will begin work on securing sales authority on the licence shortly.

“We have established a foundation for cooperation with the federal government,” he said. “The work to build sustainable business ventures on-reserve is a real step towards reconciliation. This effort continues.”

“We are very excited to announce this development”, states Paul Mann, CEO of Alchemist. “The opportunity allows us to work with First Nations communities across Canada and to help those communities prosper from jobs created, skills training provided and a contribution to indigenous social programs that will be created from the financial returns of our partnerships. Once completed, the transaction will allow us to roll out a national footprint of retail stores, with 30 more to-be-licensed locations already in the All Nations pipeline.” 

Darwin Douglas, CEO of All Nations, added “Our Vision is to build a world class cannabis company that ultimately improves the lives of the indigenous communities that we work with. This transaction with Alchemist provides us with the platform to get there”. 

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