Company Overview and News

 
Cohiba Minerals granted key lithium license near Mt Cattlin mine

2017-02-05 proactiveinvestors.com.au
Cohiba Minerals (ASX:CHK) has been granted the exploration licence for its Mt Cattlin Project by the Department of Mines in Western Australia.

 
Galaxy Resources starts 24-hour production at Mt Cattlin Lithium Project

2016-12-07 proactiveinvestors.com.au
The company is aiming to produce 5.5% lithium concentrate grade with less than 5% mica concentration. To date, Galaxy’s product remains on specification for mica concentration, while consistently achieving lithium grades in excess of 5.5%. This follows the redesign of the processing facility to reduce mica content and the additional concentration to increase the final product grade. Galaxy began trucking the Mt Cattlin product to the Esperance Port on 5 December 2016.

 
Galaxy Resources achieves significant progress at Mt Cattlin

2016-11-01 proactiveinvestors.com.au
The company had restarted lithium and tantalum mining and processing operations at the Mt Cattlin mine near Ravensthorpe, Western Australia in Q1 2016. In July 2016, it was decided to upgrade the annual throughput of Mt Cattlin from 800,000 tonnes per annum to 1,600,000 tonnes per annum of lithium concentrate production. This decision is expected to deliver substantial operational efficiency and greater capacity to meet the current demand for lithium from the Chinese market.

 
RNI NL backed by Michael Fotios for $3M capital raise

2016-10-07 proactiveinvestors.com.au
RNI NL’s (ASX:RNI) shares are trading 23% higher for the day after undertaking a share placement and entitlement offer to raise up to $3 million to advance its exploration activities. RNI has already received firm commitments from sophisticated and institutional investors for the placement of shares at $0.012 each to raise $1.5 million. InvestMet Ltd, led by Michael Fotios, has agreed to subscribe to $1.

 
Galaxy Resources Ltd achieves significant progress at Mt Cattlin

2016-10-04 proactiveinvestors.com.au
Galaxy Resources Ltd (ASX:GXY) has commenced wet commissioning of the tantalum beneficiation circuit at the Mt Cattlin Project, one week ahead of schedule. The company had restarted lithium and tantalum mining and processing operations at the Mt Cattlin mine near Ravensthorpe, Western Australia in Q1 2016. In July 2016, it was decided to upgrade the annual throughput of Mt Cattlin from 800,000 tonnes per annum to 1,600,000 tonnes per annum of lithium concentrate production.

 
RNI NL backed by Michael Fotios for $3M capital raise

2016-09-30 proactiveinvestors.com.au
RNI NL’s (ASX:RNI) shares are trading 23% higher for the day after undertaking a share placement and entitlement offer to raise up to $3 million to advance its exploration activities. RNI has already received firm commitments from sophisticated and institutional investors for the placement of shares at $0.012 each to raise $1.5 million. InvestMet Ltd, led by Michael Fotios, has agreed to subscribe to $1.

 
Cohiba Minerals Ltd joins lithium race with five new acquisitions

2016-08-18 proactiveinvestors.com.au
Cohiba Minerals Ltd (ASX:CHK) can move ahead with the acquisitions of five promising lithium projects in Western Australia after obtaining a waiver from the ASX to issue shares to the vendor. The grant of the waiver will enable the finalisation of a notice of meeting seeking approval required for the acquisition. The vendor, Charge Lithium Pty Ltd, controls 100% of the projects within and around the Mt Cattlin, Pilgangoora and Greenbushes lithium provinces.

 
Zadar Commences Due Diligence on Ravensthorpe Lithium Project in South Western Austrailia

2016-07-28 marketwired
VANCOUVER, BC--(Marketwired - July 28, 2016) - Zadar Ventures Ltd. (TSX VENTURE: ZAD) (FRANKFURT: ZAV) (OTCQB: ZADDF) (the "Company") is pleased to announce that it has initiated due diligence on the previously announced MOU with Macarthur Minerals Limited, (See Company News Release dated July 12, 2016) on the Ravensthorpe Lithium Project, in the Ravensthorpe region of South Western Australia.

 
Canadian Company Commences Due Diligence on Macarthur Minerals' Ravensthorpe Lithium Acreage

2016-07-28 marketwired
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

 
Macarthur Minerals Enters Into Farm-In on Its Australian Lithium Acreage With Canadian Lithium Company

2016-07-12 marketwired
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

 
Zadar Enters Into MOU to Farm Into Ravensthorpe Lithium Project in South Western Australia

2016-07-12 marketwired
VANCOUVER, BC--(Marketwired - July 12, 2016) - Zadar Ventures Ltd. (the "Company") (TSX VENTURE: ZAD) (OTCQB: ZADDF) (FRANKFURT: ZAV) is pleased to announce that it has entered into a Memorandum of Understanding ("MOU") with Macarthur Minerals Limited (TSX VENTURE: MMS) ("Macarthur Minerals") to farm into Macarthur Minerals' Ravensthorpe lithium acreage, in the Ravensthorpe region of South Western Australia, covering an area of 91 square kilometres, for minimum expenditure of A$2 million.

 
Galaxy Resources Ltd secures second lithium offtake for Mt Cattlin

2016-07-12 proactiveinvestors.com.au
Galaxy Resources Ltd (ASX:GXY) along with joint venture partner General Mining Corporation Ltd (ASX:GMM) has signed a binding offtake agreement with another Chinese customer. Galaxy and GMM restarted lithium and tantalum mining and processing operation at the Mat Cattlin mine located in Western Australia in Q1 2016. The binding offtake agreement will see the supply of 15,000 tonnes of lithium concentrate for CY2016 and 60,000 tonnes for CY2017.

 
Lithium Australia NL discovers high-grade mineralisation at Ravensthorpe

2016-07-12 proactiveinvestors.com.au
Lithium Australia NL (ASX:LIT) has identified assays of up to 4.08% lithium in recent fieldwork conducted at the Ravensthorpe Lithium Project, located 500 kilometres south east of Perth in Western Australia. Ravensthorpe is located only a few kilometres from the Mt Cattlin lithium mine operated by Galaxy Resources Ltd (ASX:GXY) and General Mining Corporation Ltd (ASX:GMM). Soil sampling will continue at Ravensthorpe and drilling is planned pending the completion of environmental surveys and site-works.

 
Galaxy Resources: An Emerging Leader In The Lithium Industry

2016-07-05 seekingalpha
Lithium - a light, soft, silver-grey, highly reactive and flammable metal element with high energy density as well as a great degree of safety while handling energy release - has become a hot commodity this year as demand for lithium-ion batteries from electric carmakers and energy storage producers is gaining momentum. Last year in December, Goldman Sachs called Lithium 'the New Gasoline' and highlighted the importance of EVs' adoption to the growth in lithium demand.

 
Lithium Australia NL locks in access to proven lithium field in Western Australia

2016-06-20 proactiveinvestors.com.au
Lithium Australia NL (ASX:LIT) has done a deal with US Masters Holdings (ASX:USH) giving it access to the Lake Johnston pegmatite field in Western Australia. The area is located 440 kilometres east of Perth and near to Poseidon Nickel Ltd's (ASX:POS) Maggie Hays and Lake Johnston operations. In the deal, Lithium Australia will receive all lithium rights over three licences that dominate coverage of the Lake Johnston lithium pegmatite field.

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