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LithiumBank Resources Corp V.LBNK

Alternate Symbol(s):  LBNKF | V.LBNK.W

LithiumBank Resources Corp. is a Canada-based development company focused on lithium-enriched brine projects in Western Canada. The Company holds over 3.6 million acres of mineral titles, 3.33M acres in Alberta. The Company’s Boardwalk Lithium Brine Project is located in west-central Alberta, approximately 85 kilometers (km) east of the City of Grande Prairie and 270 km northwest of the City of Edmonton. The Project consists of 30 Alberta Metallic and Industrial Mineral contiguous permits covering an area of 572,237 acres, within a LithiumBank total land package of approximately four million acres in west-central Alberta. Its Park Place is land consisting of 1,571,364 acres of mineral titles, 50 km south of Boardwalk. The Company holds Saskatchewan with 336,595 acres of mineral permits across three separate property areas.


TSXV:LBNK - Post by User

Comment by PunkRockyon Apr 13, 2024 12:46am
36 Views
Post# 35987198

RE:RE:Nice chunk of change... let's see some more. :)

RE:RE:Nice chunk of change... let's see some more. :)The recent sale helps with non-dilutive funding for the other properties. Check out the company's share structure. Parkplace and Boardwalk are very significant compared to the Saskatchewan properties. Company put out a recent update April 9....

https://ca.finance.yahoo.com/news/lithiumbank-provides-boardwalk-park-place-122900840.html

Katanga1 wrote: So basically they have C$ 15Mio in the bank. Do they need capital for any new projects? Or just cash in the bank for distribution? 


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