Critical Elements Lithium Corp V.CRE

Alternate Symbol(s): CRECF

Metals & Mining Industrial Metals & Minerals

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.

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Comment by blowshighon Jan 31, 2023 11:52am

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Post# 35256967

RE:RE:RE:RE:RE:RE:RE:Wowww

Some comments from the LAC CEO.

- They talked to more than 50 investment partners before settling on GM because of the shared vision for EV supply chain.

- Could add Hydroxide produciton at Thacker Pass in future but current plan is for carbonate only.

- Deal is based on Index-based Lithium price with a discount built in.

- GM has exclusive for phase 1 production and right of first offer on phase 2

So GM/LAC is basically Investment for off-take for 100% of production. Sound familar?

Bodes very well for CRE. This deal if anything validates management's strategy they have talked about for years. The market just got a whack in the head.

The question is no longer can a deal like this be done in north america, it's who's next!

cheers