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Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

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.


TSXV:CRE - Post by User

Post by tinker901on Nov 18, 2022 9:23am
308 Views
Post# 35109863

From JSL's last interview

From JSL's last interviewAt minute = 9:15 Insists on an important aspect of financing.

Right after saying that the partner would be from Europe or North America, he says that the deal they are looking at, is a partner that will invest equity in the project to obtain an offtake. (so no FREE offtakes)

Later on he also says that they might not require any dillution. Meaning that the partner would cover the whole equity part. In this case, even if it is not talked about in this interview, there might be some part of the Rose project (a small percentage) included in the deal. ( this was talked about previously and is only speculation on my part)


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