Thursday, May 26, 2016 4:36:39 PM
"Today's news release marks LIT completing phase 1 of the agr
There are 3 phases to it - this gives them 25% which they completed and now they are working at the site with the money provided to further to phase 2 whereby LIT can choose to earn up to an additional 24% which would be a big deal if they did so putting them at 49%. Not only providing money and expertise, but validity that there is something worth going after. Phase 3 is the final one in which they can get a last 16% bringing them up to 65%. Every phase brings us closer to the final goal and each brings in a new wave of money without diluting to help further the exploration process. Worth noting I spoke to Mike (CEO) today and he compared AIX to a couple other starting out sized lithium plays and said he thought AIX was lagging a bit, but he said we will be very active in coming month(s) and said that he doesn't expect that to continue and that it's Alix's turn now... Not sure what that means completely but hopefully it's good!
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM