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LithiumBank Resources Corp V.LBNK

Alternate Symbol(s):  LBNKF | V.LBNK.WT

LithiumBank Resources Corp. is a Canada-based development company focused on lithium-enriched brine projects in Western Canada. The Company holds over 3.6 million acres of mineral titles, 3.33M acres in Alberta. The Company’s Boardwalk Lithium Brine Project is located in west-central Alberta, approximately 85 kilometers (km) east of the City of Grande Prairie and 270 km northwest of the City of Edmonton. The Project consists of 30 Alberta Metallic and Industrial Mineral contiguous permits covering an area of 572,237 acres, within a LithiumBank total land package of approximately four million acres in west-central Alberta. Its Park Place is land consisting of 1,571,364 acres of mineral titles, 50 km south of Boardwalk. The Company holds Saskatchewan with 336,595 acres of mineral permits across three separate property areas.


TSXV:LBNK - Post by User

Post by Stockydocon Jul 07, 2022 2:41pm
81 Views
Post# 34809174

Lithium demand

Lithium demandNot necessarily about $LBNK, but just wanted to talk about the recent news from Tianqi Lithium raising $1.7B. This is significant because it shows high demand in the lithium space as Tianqi Lithium's share sale was oversubscribed and the majority of orders came from cornerstone investors.

I'm long on $LBNK is because of the advantage they have in western Canada as they hold tons of land. Along with the land holdings, $LBNK's DLE tech provides plenty of benefits. It is clear that demand for lithium will continue to grow and $LBNK is in a great position to become a major player in Canada.

https://www.bnnbloomberg.ca/tianqi-lithium-raises-1-7-billion-in-year-s-biggest-hong-kong-listing-1.1788336
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