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Frontier Lithium Inc V.FL

Alternate Symbol(s):  LITOF

Frontier Lithium Inc. is engaged in the acquisition, exploration and development of lithium mineral properties in Ontario, Canada. The Company is engaged in a pre-production business with a focus to be a strategic and integrated domestic supplier of spodumene concentrates for industrial users as well as battery-grade lithium hydroxide and other chemicals to the electric vehicle and energy storage markets in North America. The Company’s flagship asset, PAK Lithium Project, located about 175 kilometers (km) north of Red Lake, Ontario in the Red Lake Mining District and encompasses close to 27,000 hectares (ha). It also has two other spodumene-bearing discoveries, such as the Bolt pegmatite, which is located between the PAK and Spark deposits, as well as the Pennock pegmatite, located 25 km northwest of the PAK deposit within the project claims. Its lithium products include spodumene concentrate and lithium hydroxide monohydrate.


TSXV:FL - Post by User

Post by Mookster3on Oct 21, 2022 6:51am
245 Views
Post# 35038230

No critical minerals tax credit funding?

No critical minerals tax credit funding?       Seems strange that Frontier didn’t tap into the new critical minerals tax credit to do their new financing. This tax credit allowed Patriot to do a recent flow-through financing at $13/share, twice the market value.  Perhaps they’ve got other plans for this tax credit, like maybe for supporting capital costs of Phase I, once they get that sorted out with the upcoming revised PFS?   
 

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