Imagine Lithium Inc. V.ILI

Alternate Symbol(s): ARXRF

Metals & Mining Industrial Metals & Minerals

Imagine Lithium is an exploration company advancing its Jackpot Lithium Project in Nipigon, Ontario. The project has a historic resource of 2M tonnes at 1.09% Li2O and 750kt @ 1.38% Li2O. The 2022 drill program was to increase the size of the historical resource. The results of the 2022 campaign will be combined with the extensive historical data and included in a first resource estimate in 2023. Imagine has launched a property wide exploration program on the ~18.8k ha Jackpot project.

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Imagine Lithium Inc.

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Post by howestreetbullon Aug 18, 2022 9:10am

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Post# 34904330

TGM on the move !!!

Vancouver, British Columbia--(Newsfile Corp. - June 22, 2022) - IMAGINE LITHIUM INC. (TSXV: ILI) (OTCQB: ARXRF) (the "Company" or "Imagine") announced today that it has completed the sale of all of its holdings in the Red Lake area to Trillium Gold Mines Inc. ("Trillium") (TSXV: TGM), and Pegasus Resources Inc. ("Pegasus") (TSXV: PEGA). Further to the news releases dated April 27, 2022 and December 15, 2021, Trillium and Imagine have closed the Definitive Agreement (the "Definitive Agreement") whereby Trillium has acquired a majority of Imagine's property holdings known as the Eastern Vision Project, located in the Confederation Lake assemblage of the Birch-Uchi greenstone belt in the Red Lake District, Ontario. Under the terms of the transaction, Trillium has acquired an interest in 13,958 hectares between the Fredart, Confederation North, and Confederation South properties for a consideration of 2,800,000 common shares of Trillium and $175,000 in cash. These properties include a mix of properties that Trillium has acquired directly and others for which Trillium as assumed option agreements as optionee.... $TGM nice popski

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