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LithiumBank Resources Corp LBNKF


Primary Symbol: V.LBNK Alternate Symbol(s):  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 waves1on Aug 25, 2022 5:50pm
81 Views
Post# 34921098

MOU w/ VW & Mercedes to benefit lithium industry & LBNK

MOU w/ VW & Mercedes to benefit lithium industry & LBNK
Canada's MOU with Volkswagen & Mercedes for the development of supply chains for critical minerals used in EVs & to help meet the growing demand for clean transportation solutions provides a major boost to the lithium industry in Canada.
 
With a 3.2M acre portfolio and 6M tonnes of LCE at the Boardwalk Project alone, LBNK is positioned to significantly benefit from this MOU once in the production stage which could be as soon as 2025. 
 
https://www.canada.ca/en/innovation-science-economic-development/news/2022/08/canada-strikes-historic-partnerships-with-leading-german-automakers-volkswagen-and-mercedes-to-help-meet-growing-demand-for-clean-transportation-so.html
 
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