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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

Comment by tinker901on Jun 16, 2023 10:15am
176 Views
Post# 35500004

RE:RE:RE:A note on timeline and some thoughts

RE:RE:RE:A note on timeline and some thoughtsHere are some of my favorite takeaways

1) “The strategic investment timeline is not delaying the project timeline

2) “Management is negotiating for the optimal deal for stakeholders, fully recognizing that the perfect deal does not exist.”

3) “….it would be entirely undesirable and unnecessary to conduct any equity financing at this level in advance of the strategic investment package.”

4) “Over the next few months, management intends to demonstrate the potential for additional lithium mines in its portfolio, consistent with the Company’s stated vision to become a large, responsible supplier of lithium.”

5) “….an update on Lemare drill results from the recent drill program is expected near-term
 

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