Critical Elements Lithium Corp V.CRE

Alternate Symbol(s): CRECF

Metals & Mining Industrial Metals & Minerals

Critical Elements Lithium Corporation is a Canada-based lithium exploration company. The Company is engaged in the acquisition, exploration, development and processing of critical minerals mining properties in Canada. Its projects include Rose Lithium-Tantalum, Rose North, Rose South, Arques, Bourier, Dumulon, Duval, Nisk, Lemare, Caumont, and Valiquette. The Rose Lithium-Tantalum property consists of over 473 claims covering a total area of over 24.99 square kilometers (km2). It lies in the northeastern part of Superior Province, within the Eastmain greenstone belt. The Rose North property consists of about 31 claims covering a total area of over 16.14 km2. The Arques Property is composed of one block totaling around 136 claims covering an area of 6,840.93 hectares (ha) over 18 kilometers (kms) in length in a Southwest-Northeast direction. Bourier Property is comprised of over 304 claims with an area of 15,616.47 ha for over 30 kms. Rose South property consists of over 280 claims.

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Critical Elements Lithium Corp > Updated MD&A on SEDAR

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Post by monkeyhere171on Dec 23, 2021 10:38am

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Updated MD&A on SEDAR

The company posted an updated MD&A report yesterday, and it has a line that caught my attention related to the latest PP financing:

"Following the closing of the bought deal financing dated December 3, 2021, the Company anticipates that a portion of the funds raised will be used to achieve the various objectives / milestones mentioned below. These objectives / milestones could allow the Company to initiate the project financing for the construction of the mine of the Rose Lithium-Tantalum property."

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