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Volt Lithium Corp V.VLT

Alternate Symbol(s):  VLTLF

Volt Lithium Corp. is a Canada-based lithium development and technology company. The Company focuses on being a commercial producer of lithium hydroxide and lithium carbonates from oilfield brine. The Company focuses on leveraging its direct lithium extraction (DLE) technology to extract lithium deposits from established wells, supporting the clean energy transition. The Company is developing its lithium project in the area of Rainbow Lake, in Northwest Alberta (the Rainbow Lake Lithium Project). The Rainbow Lake Property is in northwest Alberta and is defined by 20 contiguous Alberta Metallic and Industrial Mineral Permits (173,990 hectares) of which the Company has 100% mineral interest ownership.


TSXV:VLT - Post by User

Post by 1StockInformeron Sep 06, 2023 7:26pm
141 Views
Post# 35623034

Retired Lt. General Joins VLT as New Board Chair

Retired Lt. General Joins VLT as New Board Chair

Lithium is a critically important commodity, and ensuring a robust supply is of paramount significance in our increasingly electrified world. Direct Lithium Extraction (DLE) technologies hold the promise of substantially bolstering this supply by significantly increasing lithium production from brine projects, addressing the growing demand for this vital resource.


Volt Lithium Corp. (Ticker: VLT.v or VLTLF for US shareholders) is at the forefront of DLE technology advancements in Canada. The lithium project development and technology company aims to become North America's first commercial producer of lithium hydroxide and lithium carbonates from oilfield brine. 


Their strategy involves leveraging existing infrastructure at their Rainbow Lake Project to extract lithium deposits from oil wells, reducing costs and risks while supporting clean energy transition. Spanning 430,000 acres, the Rainbow Lake Project is estimated to hold a 4.3 million-ton lithium resource.


VLT is creating proprietary Direct Lithium Extraction technology to maximize lithium recovery and minimize extraction costs. Their extraction method involves treating the oilfield brine and then using their unique IES-300 DLE Technology. Testing of this method shows that it can eliminate 99% of impurities from lithium-enriched oilfield brine while recovering up to 93% of the lithium content.

User image


Today, VLT announced that it has appointed the retired Lt. General Andrew Leslie as the new Chair of its Board of Directors, succeeding Warner Uhl. General Leslie brings diverse leadership experience from military, business, and government to his role, which is expected to enhance corporate governance.


As a former Commander/CEO of the Canadian Army, General Leslie possesses strong leadership skills, strategic thinking, and risk management experience. 


General Leslie's involvement in UN and NATO missions and his international awards indicate a global perspective and an understanding of geopolitical factors that may impact the lithium industry. 


With all of his achievements, Leslie's involvement in VLT reflects positively on the company's reputation and credibility.


Full News Here: https://world.einnews.com/pr_news/654086398/volt-lithium-announces-appointment-of-new-board-chair   Posted on behalf of Volt Lithium Corp.

 
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