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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 Goodtoreadthis1on Jun 12, 2023 3:21pm
245 Views
Post# 35492082

Action needed. This is not normal

Action needed. This is not normalThere are an amazing number of deals being made in the LI industry.  Allkem, which has done maybe 5 deals to get itself properly positioned to then merge with Livent is a good example. Pilbara has also done deals to get off the ground, and build strength with a POSCO jv as an added value. Miners in Quebec and Ontario are sitting on tons of cash looking for advantageous deals. Rose is an advantageous deposit. Mgt needs to get something done. They have had an enormous amount of time to accomplish a worthwhile JV or acquire adequate funding for an independent Rose mine. 
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