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Tantalex Lithium Resources Corporation C.TTX

Alternate Symbol(s):  TTLXF

Metals & Mining Industrial Metals & Minerals
Tantalex Lithium Resources Corporation is a Canada-based exploration and development stage mining company. The Company is engaged in the acquisition, exploration, development and distribution of lithium, tin, tantalum and other high-tech mineral properties in Africa. It is focused on operating its TiTan tin and tantalum concentrate plant and developing its lithium assets in the prolific Manono area in the Democratic Republic of Congo; The Manono Lithium Tailings Project and the Pegmatite Corridor Exploration Program. The Manono Tailings project covers 105 million mt over 11 dumps, containing Lithium, Tin and Tantalum. The Pegmatite Corridor Exploration project is located southwest of Dathcom Mining with 269 million tons of measured and indicated resources, for which the pegmatite extends throughout its licenses 12447 and 12448.


CSE:TTX - Post by User

Tantalex Lithium Resources Corporation > gross proceeds of up to USD$1,300,000 (the “Private Placemen
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Post by KozmoTon Jun 29, 2023 12:55pm
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Post# 35520737

gross proceeds of up to USD$1,300,000 (the “Private Placemen

gross proceeds of up to USD$1,300,000 (the “Private PlacemenSounds like good news, right.  The problem? they just yesterday released their Financial Statements. That $1.3 million is nowhere near the $2.6 million they owe in Trade Payables and they only have $110K in Cash. ... OUCH!!! 

And that doesn't include the $8.6 million in "Loans and Advances Payable"

But don't worry, management is making a small fortune on "Management and Consulting Fees"
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Dealroom for high-potential pre-IPO opportunities