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Alpha Lithium Finalizes Unconditional Deed for Tolillar Salar, Argentina
BY GlobeNewswire
— 9:00 AM ET 12/05/2022
VANCOUVER, British Columbia, Dec. 05, 2022 (GLOBE NEWSWIRE) -- Alpha Lithium Corporation (APHLF) (German WKN: A3CUW1) (“Alpha” or the “Company”), a company focused on the development of over 27,500 hectares of what may be the last undeveloped lithium salar in the region, is pleased to report that the Energy and Mining Resources of Salta (“REMSA”) one of the original vendors of Tolillar Salar, has audited and approved all of Alpha Lithium Argentina SA’s (“Alpha SA”) investment expenditures to date, and has released Alpha SA of any further obligations under the REMSA Agreement, originally dated January 23, 2019.
The fulfilment of these obligations means that Alpha SA has completed all earning commitments on the areas it originally acquired from REMSA.
The REMSA Agreement, which has now terminated, outlined the requirements of the Company, which included capital expenditures of US$1 million and certain payments totalling US$210,000. REMSA is satisfied that these expenditures were properly performed and has signed an unconditional deed; thus, releasing Alpha SA of any further obligations to the REMSA Agreement and allowing the court to award title of the properties to Alpha SA.
Brad Nichol, President and CEO of Alpha commented, “We are pleased that REMSA recognized the disciplined and rigorous work we have carried out, to the benefit of local stakeholders, the Company and to the local economy in Salta Province. We applaud REMSA’s unique structural requirement to undertake work commitments to earn property rights in Salta, as it legitimizes the entire process, employs hundreds of local people and benefits the companies that responsibly progress towards the production of minerals that belong to the Argentine people.”
Since initiating the first steps of an exploration program in 2020, Alpha SA has drilled more than one dozen wellbores, constructed an in-house brine chemistry research laboratory, developed a proprietary Lithium Carbonate production process that works in Tolillar with unprecedented success, started construction of a pilot plant, and employed dozens of highly skilled Argentinian technologists, engineers, geologists, geophysicists and chemists, in addition to several students, accounting, managerial and HR professionals. The Company is grateful for, and reliant upon, the significantly large Argentinian team that continues to help our small number of Canadian employees generate value for shareholders.
The Company continues to manage a large number of unsolicited, inbound inquiries regarding one or more of Alpha SA’s assets in Argentina. Given the scarcity of projects at a similar stage of development, and with 100% ownership and a large uncontested fresh water source, the Company will continue to assess potential opportunities to create shareholder value.
ON BEHALF OF THE BOARD OF ALPHA LITHIUM CORPORATION
“Brad Nichol”
Brad Nichol
President, CEO and Director
For more information:
Alpha Lithium Investor Relations
Tel: +1 844 592 6337
relations@alphalithium.com
www.alphalithium.com
About Alpha Lithium (APHLF) (German WKN: A3CUW1)
Alpha Lithium (APHLF) is a team of industry professionals and experienced stakeholders focused on the development of the Tolillar and Hombre Muerto Salars. In Tolillar, we have assembled 100% ownership of what may be one of Argentina’s last undeveloped lithium salars, encompassing 27,500 hectares (67,954 acres), neighboring multi-billion-dollar lithium players in the heart of the renowned “Lithium Triangle”. In Hombre Muerto, we continue to expand our 5,000+ hectare (12,570 acres) foothold in one of the world’s highest quality, longest producing, lithium salars. Other companies in the area exploring for lithium brines or currently in production include Orocobre Limited, Galaxy Lithium, Allkem Ltd., Livent Corporation, and POSCO in Salar del Hombre Muerto; Orocobre in Salar Olaroz; Eramine SudAmerica S.A. in Salar de Centenario; and Gangfeng and Lithium Americas in Salar de Cauchari.
Forward-Looking Statements
This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the results of further brine process testing and exploration and other risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.
Neither the NEO Exchange nor its Regulation Services Provider (as that term is defined in the policies of the NEO Exchange) accepts responsibility for the adequacy or accuracy of this release. No agreement has been executed in respect of the sale of the Company’s assets and one may not materialize. No securities regulatory authority has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release.
Image: https://www.globenewswire.com/newsroom/ti?nf=ODcwODAxMSM1Mjk1NTI5IzIxOTQzMDM=
Image: https://ml.globenewswire.com/media/NGVhMmE1NTMtZDg1Zi00MmVmLTg0ZmMtNWJkZWJhMTYyOGNlLTEyMDU4NTY=/tiny/Alpha-Lithium-Corp.png
Image: Primary Logo
Source: Alpha Lithium Corp (APHLF)
Alpha Lithium Files Preliminary Technical Report for Salar De Tolillar Project
BY GlobeNewswire
— 4:25 PM ET 10/12/2022
VANCOUVER, British Columbia, Oct. 12, 2022 (GLOBE NEWSWIRE) -- Alpha Lithium Corporation (APHLF) (“Alpha” or the “Company”) is pleased to announce that, in connection with its news release dated August 23, 2022, the Company has prepared and filed a technical report titled NI 43-101 Technical Report of Results of Years 2020/2021/2022 Exploration Activities and Lithium Resource Estimate for the Salar De Tolillar Project in Salta Province, Argentina with an effective date of September 8, 2022. The full report is available under the Company’s profile at www.sedar.com and will be available on its website at www.alphalithium.com.
ON BEHALF OF THE BOARD OF ALPHA LITHIUM CORPORATION
“Brad Nichol”
Brad Nichol
President, CEO and Director
For more information:
Alpha Lithium Investor Relations
Tel: +1 844 592 6337
relations@alphalithium.com
www.alphalithium.com
About Alpha Lithium (APHLF)
Alpha Lithium (APHLF) is a team of industry professionals and experienced stakeholders focused on the development of the Tolillar and Hombre Muerto Salars. In Tolillar, we have assembled 100% ownership of what may be one of Argentina’s last undeveloped lithium salars, encompassing 27,500 hectares (67,954 acres), neighboring multi-billion-dollar lithium players in the heart of the renowned “Lithium Triangle”. In Hombre Muerto, we continue to expand our 5,000+ hectare (12,570 acres) foothold in one of the world’s highest quality, longest producing, lithium salars. Other companies in the area exploring for lithium brines or currently in production include Orocobre Limited, Galaxy Lithium, Livent Corporation, and POSCO in Salar del Hombre Muerto; Orocobre in Salar Olaroz; Eramine SudAmerica S.A. in Salar de Centenario; and Gangfeng and Lithium Americas in Salar de Cauchari. For more information visit: www.alphalithium.com.
Forward-Looking Statements
This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the results of further brine process testing and exploration and other risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.
The NEO Exchange does not accept responsibility for the adequacy or accuracy of this release. No securities regulatory authority has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release.
Image: https://www.globenewswire.com/newsroom/ti?nf=ODY2NDAyOCM1MjAxNTg2IzIxOTQzMDM=
Image: https://ml.globenewswire.com/media/NWIzZTkyNDctN2NlOS00M2Q3LWFkYjMtMDQzNWMxMWVlZTE4LTEyMDU4NTY=/tiny/Alpha-Lithium-Corp.png
Image: Primary Logo
Source: Alpha Lithium Corp (APHLF)
APHLF
Alpha Lithium Corp New (PK)
0.875
0.00222 (0.25%)
Volume: 154,911
Day Range: 0.8614 - 0.90
Bid: 0.80
Ask: 0.89
Last Trade Time: 3:49:02 PM EDT
Total Trades: 174
APHLF Detailed Quote
Yeah it's quite something but
Too bad thery're destined for our NEO Exchange.
That's the stated plan
They're building a prototype plant in Salta's Industrial Park
Skid mounted,modular design
futr
Bummer - They've chosen the confusing exchange https://www.neo.inc/en/home
Bigcharts doesn't cover NEO stocks
https://www.google.ca/search?q=how+to+trade+on+the+neo+exchange&sxsrf=ALiCzsaa8fhN94MZ_r4Qkil7ALew-HAs_A%3A1660086743146&source=hp&ei=1-nyYqbyBqfJ0PEPnMuL0A0&iflsig=AJiK0e8AAAAAYvL357Kq9gsQK4bMCEWXMQsQldp5zT2P&oq=how+to+trade+on+the+neo+&gs_lcp=Cgdnd3Mtd2l6EAEYADIGCAAQHhAWMgYIABAeEBYyBggAEB4QFjIGCAAQHhAWMgUIABCGAzoECCMQJzoECAAQQzoLCAAQgAQQsQMQgwE6EQguEIAEELEDEIMBEMcBENEDOg4ILhCABBCxAxDHARDRAzoRCC4QgAQQsQMQxwEQ0QMQ1AI6DgguELEDEIMBEMcBENEDOhAILhCxAxCDARDHARDRAxBDOg0IABCxAxCDARBGEPsBOgUIABCABDoICC4QgAQQsQM6CAgAELEDEIMBOgsILhCABBCxAxCDAToLCC4QgAQQsQMQ1AI6CAgAEIAEELEDOgUIABCxAzoICC4QgAQQ1AI6BQguEIAEOggIABCABBDJAzoKCAAQgAQQhwIQFFAAWNw_YJFRaABwAHgAgAF9iAH9C5IBBDIzLjGYAQCgAQE&sclient=gws-wiz
Who owns NEO?
In an interview with TechCrunch, Neo co-founder and CEO Andrew Chau shared that he and co-founders Jeff Adamson, Chris Simair and Kris Read started Neo to challenge the Big Five banks that own some 90% of the country's market share.May 5, 2022
Investors will see no difference in trading NEO-listed securities compared to trading TSX and TSXV listed securities. NEO utilizes state-of-the-art trading software and infrastructure, and follows the industry best practices and procedures to ensure the most secure trading environment.
Not true : Bigcharts (and others ?) don't cover NEO stocks
You Americans shouldn't be noticing any (chart) differences - Only us Canadian Bigchart, etc. users
Drag........Anyways ; Good luck and best wishes with them.
.
APHLF
Alpha Lithium Corp New (PK)
0.6201
0.024 (4.03%)
Volume: 288,551
Day Range: 0.545 - 0.6361
Bid: 0.575
Ask: 0.6355
Last Trade Time: 3:54:34 PM EDT
Total Trades: 239
APHLF Detailed Quote
i figure that too. much more in lithium though , yes
hi Mick, is this a buy in your eyes right now ? elon musk has said lithium is the new oil. what do you think ?
APHLF
Alpha Lithium Corp New (PK)
0.60
-0.01755 (-2.84%)
Volume: 159,659
Day Range: 0.5913 - 0.649
Bid: 0.593
Ask: 0.62
Last Trade Time: 4:00:31 PM EDT
Total Trades: 178
APHLF Detailed Quote
Alpha Lithium Corp N (APHLF)
0.77 ? -0.023 (-2.90%)
Volume: 233,454 @06/03/22 4:00:16 PM EDT
Bid Ask Day's Range
0.76 0.7859 0.77 - 0.8
APHLF Detailed Quote
Alpha Lithium Corp N (APHLF)
0.7325 ? -0.0275 (-3.62%)
Volume: 385,406 @04/29/22 3:59:52 PM EDT
Bid Ask Day's Range
0.72 0.76 0.7325 - 0.82
APHLF Detailed Quote
Alpha Lithium Corp N (APHLF)
0.7325 ? -0.0275 (-3.62%)
Volume: 385,406 @04/29/22 3:59:52 PM EDT
Bid Ask Day's Range
0.72 0.76 0.7325 - 0.82
APHLF Detailed Quote
No Worries people taking 30% profits off the table.
30% is the OTC allowed minimum for Friday’s. $)
I’ll be down in Salta Argentina if not before winter ( July Aug ) then in Spring October
I’ll get some local vibe and word.
I know this is a real hot $$$ area for rare earth metals
More to be revealed
$$$APHLF $$$
Alpha Lithium Closes 3,800 Hectare Acquisition in Hombre Muerto, Argentina
By GlobeNewswire
— 9:00 AM ET 03/28/2022
VANCOUVER, British Columbia, March 28, 2022 (GLOBE NEWSWIRE) -- Alpha Lithium Corporation (APHLF.NaE) (“Alpha” or the “Company”) is very pleased to announce that it has acquired the right, through its wholly owned Argentine subsidiary, to purchase two mining properties, totaling 3,800 Hectares, situated in the renowned Salar del Hombre Muerto, Argentina.
Subsequent to two previous acquisitions in the same salar (see news releases June 15, 2021 and August 24, 2021), Alpha now controls a 100% interest in 5,072 hectares in the Salar del Hombre Muerto and is the second largest landholder (second only to Posco) on the Salta side of the famous salar.
All of Alpha’s 5,072 hectares are immediately bordered by Korean giant, Posco, which announced last week that it was investing US$4 billion in Hombre Muerto, up from its originally planned investment of US$830 million. This, after a drilling campaign increased its estimated lithium carbonate equivalent to 13.5 million tonnes – a sixfold increase over what was originally estimated when it acquired the property in 2018.
Brad Nichol, President and CEO of Alpha, commented, “The closing of this acquisition places Alpha amongst lithium giants and establishes the Company as a noteworthy participant in the world’s highest quality lithium brine salar. As is the case for our operations in nearby Tolillar Salar, our focus is purely on achieving production as quickly as possible. To that end, we expect to commence drilling in Hombre Muerto very shortly.” Nichol added, “The unique brine chemistry found in the Salar del Hombre Muerto makes it ideal for production of very high quality, battery grade lithium products. Livent Corporation has demonstrated this for over two decades, as they have produced lithium concentrates and lithium products from Hombre Muerto since 1998.”
Hombre Muerto in Argentina, together with salars in neighboring Bolivia and Chile, is at the center of the so-called “Lithium triangle,” which is claimed to host the world’s largest lithium brine reserves.
Argentina Prime Holdings Inc. (“APH”) has agreed to assign the right to acquire properties to Alpha Minerals S.A., a wholly owned Argentine subsidiary of Alpha (“Alpha Minerals”), in consideration for the issuance of 2,500,000 common shares of Alpha to APH, subject to Alpha receiving all applicable regulatory approvals, including the approval of the TSX Venture Exchange and confirmation of registration of title to the properties under Alpha Minerals from the Argentine mining registry. Alpha Minerals has also agreed to assume the obligation of Alpha to pay up to US$225,000 to the seller pursuant to the sale agreement. The first US$25,000 payment will be due upon approval of the Environmental Impact Report in connection with the Company’s proposed exploration of the new property, and US$200,000 is payable six months thereafter. APH may elect to receive up to 50% of the Second Payment in common shares of the Company, issued at then-current market pricing.
ON BEHALF OF THE BOARD OF ALPHA LITHIUM CORPORATION
“Brad Nichol”
Brad Nichol
President, CEO and Director
For more information:
Alpha Lithium Investor Relations
Tel: +1 844 592 6337
relations@alphalithium.com
About Alpha Lithium (APHLF.NaE)
Alpha Lithium (APHLF.NaE) is a team of industry professionals and experienced stakeholders focused on the development of the Tolillar and Hombre Muerto Salars. In Tolillar, we have assembled 100% ownership of what may be one of Argentina’s last undeveloped lithium salars, encompassing 27,500 hectares (67,954 acres), neighboring multi-billion-dollar lithium players in the heart of the renowned “Lithium Triangle”. In Hombre Muerto, we continue to expand our 5,000+ hectare (12,570 acre) foothold in one of the world’s highest quality, longest producing, lithium salars. Other companies in the area exploring for lithium brines or currently in production include Allkem Limited (the combination of Orocobre Limited and Galaxy Lithium), Livent Corporation, and Posco in Salar del Hombre Muerto; Orocobre in Salar Olaroz; Eramine SudAmerica S.A. in Salar de Centenario; and Gangfeng and Lithium Americas in Salar de Cauchari.
Forward-Looking Statements
This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the results of further brine process testing and exploration and other risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No securities regulatory authority has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release.
Image: https://www.globenewswire.com/newsroom/ti?nf=ODUxMDg5MyM0ODE5NTMzIzIxOTQzMDM=
Image: https://ml.globenewswire.com/media/ZWM0MDQ0NmMtNmMxNi00NmI5LTgxZTMtNTA2NGFmN2FhMTA4LTEyMDU4NTY=/tiny/Alpha-Lithium-Corp.png
Image: Primary Logo
Source: Alpha Lithium Corp (APHLF.NaE)
Yeah, how about the 2-1 RS. Some crappy non existing stock, and TD charges you $33. How long have we had em Maverick75?! Not really a question but a statement. Best of luck too you ;). The market has been brutal this year to me lol. But can't always go green and up. Hope you're doing well.
Too bad you missed that run up to $2 this past November-December
This is a scam to end all scams! I closed my position last year. I have been hit with 2 re-orginization fees for this fictional beta energy corp totaling $80 in my Ameritrade account. I would beat the crap out of this guy in a heart beat!
Investing News Network11/18/21
Alpha Lithium Corporation is very pleased to announce drilling results from its original six-well program. The drilling program was an essential component of Alpha’s initial exploration campaign in the 100% owned, 27,500 hectare, Tolillar Salar located in Salta Province, Argentina. The objectives for the initial campaign were to improve our understanding of the conceptual hydrogeological model of the salar and ...
Alpha Lithium Corporation (TSX.V: ALLI) (OTC: APHLF) (Frankfurt: 2P62) (" Alpha " or the " Company ") is very pleased to announce drilling results from its original six-well program. The drilling program was an essential component of Alpha's initial exploration campaign in the 100% owned, 27,500 hectare, Tolillar Salar located in Salta Province, Argentina.
The objectives for the initial campaign were to (i) improve our understanding of the conceptual hydrogeological model of the salar and (ii) determine lithium grades and hydraulic parameters for the brine aquifer. Both objectives were successfully achieved and provided confidence to continue with a second exploration campaign.
To date, Alpha has drilled a total of six exploratory holes to varying depths. The first well was very shallow and drilled primarily to confirm and provide a baseline for the original Vertical Electrical Sounding ("VES") geophysical survey completed in 2020. The remaining five production holes were drilled to depths of between 78 and 352 meters. Each well was cased with 6" or 8" production casing and then discharge tested to evaluate well efficiency, sustainable pumping capacity and aquifer parameters. Brine samples were collected during testing of each well and sent for analysis to SGS Laboratory in the regional capital city of Salta. As the drilling campaign progressed, the technical team recalibrated the VES surveys with the newly obtained information and continually refined the subsequent targets and depths.
The drilling results demonstrated continual improvement and the most recently tested wellbores encountered consistent lithium grades of between 345 and 351 mg/L.
The first three exploration wells encountered lithium grades ranging from 194 to 218 mg/L from pumping tests with flow rates ranging between 55 and 100 m 3 /hour. The flow rate on the final hole, with 351 mg/L of lithium concentration, reached 130 m 3 /hour. A higher pump rate was feasible but was limited by the maximum achievable capacity of the pumping equipment.
In addition to high flow rates and lithium concentrations, the Tolillar Salar also produced brine with very low levels of impurities. For example, the range of magnesium to lithium ratios ("Mg:Li") was between 4.90 and 5.37, with an average for the five wells at 5.0, a top quartile result for salars in Argentina.
Brad Nichol, President and CEO commented, "We are obviously very satisfied to present the fantastic results for our first chapter of drilling in the Tolillar Salar. The original wellbore drilled by previous owners in 2018 resulted in 204 mg/L of lithium from samples taken at 190 meters and a calculated transmissibility of 60 m 3 /hour. This drilling program produced better than a 70% improvement in lithium concentration and a more than 300% improvement in reservoir
Marcis and nowwhat2. Just bidding time waiting for core samples and more test well results.
Asking same questions
What’s the corporate tax structure in Argentina?
Hey !.....So've you guys been keeping this company secret ?
'Cuz I'd never even HEARD of 'em up until now.
Mkt cap 162m Cdn @ 1.08 Cdn w 44m in cash
https://alphalithium.com/alpha-lithium-provides-update-on-argentine-operations-and-uranium-one-transaction/
Quite the chart though.....Look at that ;
Do you think one should buy in ?
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=ca%3Aalli&x=52&y=15&time=100&startdate=2%2F4%2F2019&enddate=4%2F21%2F2022&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=aphlf&x=0&y=0&time=100&startdate=2%2F4%2F2019&enddate=4%2F21%2F2022&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
Looks like a share consolidation occurred.
https://www.sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=00052950&issuerType=03&projectNo=03349272&docId=5152191
Alpha Lithium Corp N (APHLF)
0.55 ? -0.04 (-6.78%)
Volume: 333,381 @03/11/22 3:59:31 PM EST
Bid Ask Day's Range
0.51 0.59 0.54 - 0.662
APHLF Detailed Quote
Alpha Lithium Corp N (APHLF)
0.81 ? -0.0201 (-2.42%)
Volume: 391,993 @02/04/22 3:58:59 PM EST
Bid Ask Day's Range
0.8 0.89 0.68 - 0.8998
APHLF Detailed Quote
Thank you for sharing this with all of us :)
Okay, an update to my earlier post. IR did respond back to me on Dec. 10th. I was out of the country all last week and saw this response earlier this week. I copied the response below;
Thank you for contacting us for additional information on Alpha Lithium Corporation (OTC: APHLF) (TSX.V: ALLI).
In regard to your inquiry- Please note, The company has not announced an anticipated trading date for Beta Energy Corp.
I have provided all publicly disclosed information on Beta Energy Corp. below.
Please note, that Beta Energy Corp. is currently a "private" company from a listing standpoint (i.e. not traded); however, it is a "public" company in terms of reporting (i.e. press releases, audits, etc) so when there is anything material to report it can be found here - Filings for Beta Energy Corp. : https://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00052950
Beta Energy Corp. Profile
Beta Energy Corp. Mailing Address: Suite 800 - 555 4th Avenue SW Calgary, Alberta T2P 3E7: Head Office Address: Suite 2288 - 1177 W. Hastings Street
www.sedar.com
Please note No Beta Energy Corp. shares will be listed on the exchange on closing of the plan of arrangement; however, Beta Energy Corp. may, at a later date, make a separate application to the exchange for listing of the Beta Energy Corp. shares.
In regard to value for Beta Energy Corp. shares:
Immediately before the Transaction, Alpha valued Beta at $6.2 million Canadian dollars. The total
amount of Beta shares distributed were 11,898,319. Each Beta share was valued at $0.52 Canadian
dollars on the date of the distribution. U.S. federal tax law does not provide any guidance on the
determination of fair market value.
Please see the Spinout documents FORM 8937 #1 FORM 8937 #2 on our homepage here - https://alphalithium.com/investors/.
I hope this helps. Feel free to contact me directly if you have any questions.
I have also attached the new corporate presentation for your review.
Thank you for your support!
Best Regards,
Rob Guzman - Relations
Alpha Lithium Corp. ( ALLI:TSXV / APHLF:US )
No response to my question to their IR. Why am I not surprised.
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Surrounded by successful operators and multi-billion dollar lithium assets, the Tolillar Project
in Salta, Argentina may be one of the last undeveloped major land plays in the region.
The project currently consists of 10 Exploitation Concessions (minas) totalling 27,500 hectares registered in the Salar de Tolillar basin in the province of Salta, Argentina.
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