First Lithium Resources Inc (fka TSXV:MCI)

[sevenOdouble]

First Lithium Proposes Share Consolidation
http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?docid=0793254001&sourceType=1http://www.ccnmatthews.com/logos/20100908-mci-logo200.jpg
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/25/12 -- First Lithium Resources Inc. (the "Company") (TSX VENTURE:MCI)(PINKSHEETS:FLNTF)(FRANKFURT:MHN) announces that all Shareholders (of record date May 8, 2012) will be asked to consider and approve a consolidation of the Company's issued and outstanding Common Shares, along with other items of business to be presented at its Annual General & Special Meeting to be held on June 22, 2012 in Vancouver, B.C.
The Board proposes to consolidate the Company's issued and outstanding Common Shares on the basis of of one (1) "new" Common Share for every ten (10) "old" Common Shares outstanding or on the basis of such lesser consolidation ratio as may be approved by the Board of Directors and accepted by the TSX Venture Exchange (the "Exchange") in order to increase the Company's flexibility and competitiveness in the market place and to make the Company's securities more attractive to a wider audience of potential investors, thereby resulting in a more efficient market for the Common Shares.
The proposed maximum share consolidation would result in the number of issued and outstanding Common Shares of the Company being reduced from 59,435,502 Common Shares without par value to 5,943,550 Common Shares without par value.
The Company's Board believes that it is in the interest of Shareholders of the Company for the Board to have the authority to implement the share consolidation as the large issued capital may impact the desirability of purchasing the Common Shares and that it will be difficult for the Company to secure additional equity financings at current share prices and the ability to invest in the Company on a consolidated basis may prove to be a more attractive investment.
The effective date of the share consolidation will occur as soon as possible after Shareholder approval, subject to Exchange approval. At this time, the Company does not propose a name change, unless required by the Exchange and other regulatory authorities, and if required, will change its name and stock symbol subject to regulatory acceptance.
In connection with the consolidation, the Company will also seek shareholder approval to amend the exercise price of currently outstanding stock options to a price equal to the applicable market price, multiplied by the applicable consolidation ratio, subject to the approval of the Exchange.
For more information on the proposed consolidation, amendments to outstanding options and other matters to be addressed at the Meeting, Shareholders are encouraged to refer to the Company's Management Information Circular and proxy materials, copies of which will be mailed to Shareholders and filed under the Company's profile at www.sedar.com on May 28, 2012.
ON BEHALF OF THE BOARD
Craig Naughty, President & CEO
"Neither 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."
Contacts:
First Lithium Resources Inc.
Craig Naughty
[phone] or Toll Free: 1(877) 669-0401
[phone] (FAX)
[e-mail]
www.firstlithiumresources.com



Source: Marketwire (May 25, 2012 - 9:00 AM EDT)

News by QuoteMedia

[sevenOdouble]

http://www.firstlithiumresources.com/pdf/projects/ni43101godslith09.pdf

[sevenOdouble]

http://www.firstlithiumresources.com/pdf/projects/current_factsheet.pdf

[sevenOdouble]

http://www.firstlithiumresources.com/news/?n=273

[sevenOdouble]

First Lithium Applies to Drill at Teels Marsh Lithium Project

August 18, 2011

TRADING SYMBOLS:

MCI-(TSX-V)
FLNTF-(OTC)
MHN-(FSE)

FIRST LITHIUM APPLIES TO DRILL AT TEELS MARSH LITHIUM PROJECT

Vancouver, British Columbia – First Lithium Resources Inc. (the "Company") is pleased to announce that it has applied for drill permits for its Teels Marsh lithium project in Mineral County, Nevada. A Notice of Operations was submitted to the Bureau of Land Management’s Stillwater field office in Carson City, Nevada with a proposal to drill up to 21 holes for the purpose of sampling groundwater for geochemical analyses.

An agreement has been reached between the Company and Pediment Gold LLC for the latter to conduct the proposed program at such time that the permits are received. Samples are to be taken at 50 foot intervals to depths of up to 200 feet using a 6600 series Geoprobe.

Teels Marsh is located approximately 54 miles northwest of Clayton Valley, the location of North America’s only producing lithium mine. Teels shares similarities with Clayton valley in that they are both closed desert basins that were mined for Borax in the 1800s.

In the mid-seventies, the U.S.G.S. performed extensive sampling of 58 basins to evaluate the potential for economically viable lithium sources in Nevada (Lithium in Sediments and Rocks in Nevada, 1976, U.S.G.S. O.F.R 76-828). Teels yielded the top “high samples” produced in the entire study. They are as follows:

850 ppm (high sample) - 47 samples near springs marginal to playa

580 ppm (high sample) - 50 samples from backhoe pits near springs

560 ppm (high sample) – 30 samples from playa surface

Subsequent water sampling of surface springs along the northwest margin of the Teels Marsh playa (see news ABR.V, Jan. 11, 2010) has confirmed lithium anomalies detected in the above referenced U.S.G.S. surveys. The anomalously high lithium contents are interpreted to reflect Li input into the playa from the hills to the northwest. The hills are largely underlain by Tertiary volcanic rocks and Cretaceous granodiorite, either of which could be source rocks for lithium-bearing brines at depth in the playa.

Further sampling, this time of sediment 0.5m below the salt crust by (see news MCI.V, Sept. 21, 2010) also revealed highly anomalous lithium values ranging from 55.7 to 298 parts per million (ppm).

Teels Marsh is a playa (dry lake) deposit containing chlorides, sulphates, carbonates, bicarbonates and borates of sodium and potassium. These occurrences and the existence of historical data suggesting lithium water flows into the marsh are the factors responsible for eliciting the Company's keen interest.

First Lithium has an option to earn up to 80% interest in the Teels Marsh project in its agreement with Ashburton Ventures Inc.


ON BEHALF OF THE BOARD


Craig Naughty

President & CEO


For further information contact Craig Naughty, or visit the website at

www.firstlithiumresources.com

[Mr. Zen]

First Lithium Resources Inc.: Expansion of Drilling Program on Mollie River Property

First Lithium Resources Inc. (TSX VENTURE: MCI)(PINK SHEETS: FLNTF)(FRANKFURT: MHN) (the "Company") is pleased to announce an expansion of its diamond drilling program already underway at the Mollie River Property, located between Sudbury and Timmins, Ontario, approximately 4 km from the western edge of Trelawney Mining and Exploration Inc.'s Chester Gold Complex.

The Company has revised its original plan to drill 6 holes totaling 1200 metres (see news release dated November 24, 2010). It is estimated that phase one drilling on the property will now consist of 10 holes, totaling 1800 metres.

To date, 4 holes of diamond drilling have been completed, and the services of additional core-splitting personnel have been retained. The relative merits of employing a second drill and crew are currently being weighed.

ON BEHALF OF THE BOARD

Craig Naughty, President & CEO

For further information contact Craig Naughty, or visit the website at www.firstlithiumresources.com.

"Neither 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."

Contacts:

First Lithium Resources Inc.

Craig Naughty

President & CEO

[phone] or Toll Free: 1 [phone]

[phone] (FAX)

[e-mail]

www.firstlithiumresources.com

[whirly]

Not this one. They need to get their poop in a group

[Undercooked Falafel]

Decent volume

[Undercooked Falafel]

How low?

[Undercooked Falafel]

Lots of Lithium stocks doing well

[Undercooked Falafel]

Same company as FTLNF

[Mr. Zen]

nothing new to report, just the once a month message to stay active as moderator

[Mr. Zen]

you may get your wish, or not.

[SPARK]

Been watching and hoping for lower..lol

[Mr. Zen]

rumor has it there will be developments soon, but I cannot confirm it anywhere so in the mean time we continue to watch.

[hangfire]

chart looks good... i expect a pop within a few days.

[whirly]

American Lithium has done well the last couple days. Perhaps Lithium in general is doing well.

[Mr. Zen]

Just called Blair but he is out of the office for most of the month,, my guess is palm tree heaven some where. But no one could give a reason for the jump in price, except maybe the new web site or related Lithium news but other than that there are no company events in the near future.

[whirly]

I saw this same type of thing happen with CVE:SLI. I heard someone talking about them, and just as I was about to buy in, they were halted for not being current. Now their share price is almost 400% higher than when I got the tip. Wish I hadn't been so cautious! lol

[Mr. Zen]

you are right, volume and share price are climbing much too rapidly for a silent company, I do not see any news releases but they do have a new web site that looks polished

http://www.firstlithiumresources.com/index.html

[whirly]

Something is happening today. I'm back to my break even point.

[Mr. Zen]

This is my once a month post to keep active as moderator with nothing new to report..

[Mr. Zen]

First Lithium Applies for Work Permit at Godslith


Vancouver, BC October 01, 2009

FSC / Press Release


First Lithium Applies for Work Permit at Godslith

Vancouver, British Columbia CANADA, October 01, 2009 /FSC/ - First Lithium Resources Inc. (TSX - VX: MCI), announces that it has filed a work permit application for a Mobile Metal Ion geochemical soil sampling program at the Godslith Lithium/Rare Earth Element project in north-east Manitoba.

Dr. Mark Fedikow (P. Geo.) has recommended in his NI43-101 report that MMI sampling be completed in advance of his outlined drill program in order to assess the recently granted Mineral Exploration Licenced area for possible repititions of the same style of mineralization already known to exist on the Company's claim.

Company President, Craig Naughty, states: "We are excited to have been granted the MEL, as First Lithium now has 5363 hectares on which to explore for additional lithium bearing pegmatite dykes. The sharpness and high contrast inherent in the MMI geochemical soil sampling technique make it favourable as a targeting tool to facilitate discovery of mineralization in early stages of exploration programmes."

ON BEHALF OF THE BOARD

Craig Naughty
President & CEO


This news release has been prepared on behalf of the First Lithium Resources Inc. Board of Directors, which accepts full responsibility for its contents. The contents of this release have been reviewed and approved by Mark Fedikow, P.Geo, a qualified person as defined by National Instrument 43-101.

"Neither 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."



3102-788 Richards St.
Vancouver, BC. V6B 0C7
Tel: [phone] Fax: [phone]
Toll Free:1(877) 669-0401
Website: www.firstlithiumresources.com
Email: [e-mail]



Source: First Lithium Resources Inc. (MCI - TSX-V) www.firstlithiumresources.com
Maximum News Dissemination by Filing Services Canada Inc. *
www.usetdas.com

[Mr. Zen]

First Lithium Resources Inc. (MCI) As of August 23rd, 2009  
 Filing Date  Transaction Date  Insider Name  Ownership Type  Securities  Nature of transaction  # or value acquired or disposed of  Unit Price   
 Aug 21/09  Aug 21/09  Romanik, Michael  Direct Ownership  Common Shares  54 - Exercise of warrants  100,000  $0.100   
 Aug 21/09  Aug 21/09  Romanik, Michael  Direct Ownership  Common Shares  54 - Exercise of warrants  100,000  $0.100   
 Aug 21/09  Aug 21/09  Romanik, Michael  Direct Ownership  Common Shares  10 - Acquisition in the public market  1,000  $0.250   
 Aug 21/09  Aug 21/09  Romanik, Michael  Direct Ownership  Common Shares  10 - Acquisition in the public market  100  $0.250   
 Aug 21/09  Aug 21/09  Romanik, Michael  Direct Ownership  Common Shares  10 - Acquisition in the public market  100  $0.250   
 Aug 21/09  Aug 21/09  Romanik, Michael  Direct Ownership  Common Shares  10 - Acquisition in the public market  100  $0.250   
 Aug 21/09  Aug 21/09  Romanik, Michael  Direct Ownership  Common Shares  10 - Acquisition in the public market  100  $0.250   
 Aug 21/09  Aug 21/09  Romanik, Michael  Direct Ownership  Common Shares  10 - Acquisition in the public market  100  $0.250   
 Aug 21/09  Aug 21/09  Romanik, Michael  Direct Ownership  Common Shares  10 - Acquisition in the public market  100  $0.250   
 Aug 21/09  Aug 21/09  Romanik, Michael  Direct Ownership  Common Shares  10 - Acquisition in the public market  100  $0.250

[Mr. Zen]

First Lithium Receives NI 43-101 Technical Report on Godslith Lithium Property
Wed Jul 29, 6:30 PM

http://ca.news.finance.yahoo.com/s/29072009/41/f-filing-services-first-lithium-receives-ni-43-101-technical-report-godslith.html

Vancouver, British Columbia CANADA, July 29, 2009 /FSC/ - First Lithium Resources Inc. (MCI - TSX Venture), is pleased to announce that it has received the NI-43-101 compliant technical report produced by Mark Fedikow of Mount Morgan Resources Ltd. for its Godslith lithium-bearing pegmatite project in the Gods River area of northern Manitoba. The 70-page report, which will be made available on SEDAR shortly, details the geological setting of its lithium-bearing pegmatite and reviews the historic exploration results by Inco between 1958-1961 that indicated a non-NI 43-101 compliant historic resource of "4.8 million tons of 1.27% Li2O over 36.2 feet using a cutoff grade of 0.70% Li2O". Probable resources have been estimated to be "4.6 million tons grading 1.14% Li2O". The technical report also provides recommendations to First Lithium for future exploration work and includes an initial program of prospecting and geological mapping on their pending Mineral Exploration License (395A) followed by soil geochemical surveys designed to assess the area for additional pegmatite dykes and base and precious metals. A diamond drill program has also been recommended for the purpose of extending the Li-bearing pegmatite on their Godslith property to depths below those indicated by the historic Inco drilling. A multi-commodity assay program for drill core will accompany the drill program. Note: a qualified person has not done sufficient work to classify the historical estimate as current mineral resources, the issuer is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon.

First Lithium has also completed an initial engagement meeting with the Manto Sipi Cree Nation at Gods River, Manitoba and established perameters for a working relationship with the community.

This news release has been prepared on behalf of the First Lithium Resources Inc. Board of Directors, which accepts full responsibility for its contents. The contents of this release have been reviewed and approved by Mark Fedikow, P.Eng, P.Geo., C.P.G., a qualified person as defined by National Instrument 43-101.

ON BEHALF OF THE BOARD

Craig Naughty President & Director

For further information contact Craig Naughty at [phone], or visit the Company's website at www.firstlithiumresources.com "Neither 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."

3102-788 Richards St. Vancouver, BC. V6B 0C7 Tel: [phone] Fax: [phone] Toll Free: 1(877) 669-0401 Website: www.firstlithiumresources.com Email: [e-mail]

Source: First Lithium Resources Inc. (MCI - TSX-V) www.firstlithiumresources.com Maximum News Dissemination by Filing Services Canada Inc. * www.usetdas.com

[Mr. Zen]

First Lithium Applies for Manitoba Mineral Exploration Licence
Thu Jul 9, 3:04 AM

http://ca.news.finance.yahoo.com/s/09072009/41/f-filing-services-first-lithium-applies-manitoba-mineral-exploration-licence.html

Vancouver, British Columbia CANADA, July 09, 2009 /FSC/ - First Lithium Resources Inc. (MCI - TSX Venture), (the "Company") wishes to announce that it has applied to the Manitoba Government Mining Recorder for a Mineral Exploration Licence ("MEL") at its Godslith claim in the Gods Lake area of northern Manitoba. Mineral Exploration Licence 395A expands the area of influence for First Lithium from 256 hectares, the area of the Godslith claim, to 5453 hectares for the MEL. The objective of the acquisition is to provide the opportunity to explore the general area of the Godslith lithium pegmatite for repetitions of this style of deposit and to secure the immediate area of the pegmatite for future development.

The Godslith pegmatite has a non-43-101 compliant historical reserve of "4.8 million tons of 1.27% Li2O over 36.2 feet using a cutoff grade of 0.70% Li2O". Probable reserves have been estimated to be "4.6 million tons grading 1.14% Li2O". The deposit is open at depth along the entirety of its more than 2300 m strike length. A diamond drill program has been proposed to assess the extent of the lithium-bearing pegmatite dyke at depth and for the potential for associated rare and precious metal mineralization.

Currently, MEL 395A is registered to Mark Fedikow however subsequent to the registration of First Lithium Resources to undertake business in the Province of Manitoba MEL 395A will be transferred to First Lithium. This news release has been prepared on behalf of the First Lithium Resources Inc. Board of Directors, which accepts full responsibility for its contents. The contents of this release have been reviewed and approved by Mark Fedikow, P.Eng, P. Geo.,C.P.G., a qualified person as defined by National Instrument 43-101. ON BEHALF OF THE BOARD

Craig Naughty, President & Director "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."

First Lithium Resources Inc. 3102-788 Richards St. Vancouver, BC. V6B 0C7 Tel: [phone] Fax: [phone] Toll Free:1(877) 669-0401 Website: www.firstlithiumresources.com Email: [e-mail]

Source: First Lithium Resources Inc. (MCI - TSX-V) www.firstlithiumresources.com Maximum News Dissemination by Filing Services Canada Inc. * www.usetdas.com

[Serfcorp]

Folks this play is very promising,wouldnt be surprised to see a takeover by a major player some where down the line,imho :)

[Serfcorp]

Lithium Acquires Yukon Property Near Underworlds White Gold Project
Wed Jun 17, 12:06 AM
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Vancouver, British Columbia -- First Lithium Resources Inc. (the "Company" or “MCI”) announces it has acquired lode Quartz mineral claims located in the Yukon east of the White Gold Property held by Underworld Resources Inc. (UW – TSX:V). The MCI claims are 15km east of Underworlds recently announced (May 26, 2009) discovery of 103 meters of 3.4 g/t Au, and cover just over 1000 hectares in area. Underworld is exploring sediment and vein-hosted gold targets at the 169 sq km (845 claim) White Gold property.

MCI’s claims appear to host similar metasedimentary stratigraphy as the Underworld White Gold project area as outlined in mapping by Gordey and Ryan from GSC mapping.

MCI will pay the vendor, Blair Naughty, $75,000 cash, issue 800,000 shares of MCI and grant a 3% NSR with an option to buy back 1% for $1,000,000. The Company also agrees to spend $25,000 by June 1, 2010 and an additional $225,000 by September 1, 2010 as a work commitment. This transaction is subject to TSX Venture approval.

This news release has been prepared on behalf of the First Lithium Resources Inc. Board of Directors, which accepts full responsibility for its contents. The technical contents of this release have been reviewed and approved by J. Wayne Murton, P.Eng, a qualified person as defined by National Instrument 43-101.

ON BEHALF OF THE BOARD

Craig Naughty
President & Director

For further information contact Craig Naughty at [phone], or visit the website at
www.firstlithiumresources.com

"Neither 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."

[Serfcorp]

Total gem of a play.Sitting on a good position here watching things unfold :)
Easy 5 bagger from here within the next 6 months imo :)

[Mr. Zen]

First Lithium Commissions Ni43-101 Report On Godslith Property
6/8/2009 11:05:17 AM - BSR

Jun 08, 2009 (BAYSTREET NEWSWIRE via COMTEX News Network) --
Vancouver, British Columbia -First Lithium Resources Inc. (the "Company") announces that it has commissioned the services of Dr. Mark Fedikow HBSc., M.Sc., Ph.D., P.Geo., C.P.G. to produce a NI43-101 Technical Report on the Company's Godslith Lithium Property (the "Property) located in east-central Manitoba. Dr. Fedikow has previous experience working on the Property, conducting an Enzyme Leach Geological Profile on the lithium pegmatite present at Godslith on behalf of the Government of Manitoba in 2001. The purpose of the NI43-101 Technical Report is to provide a detailed current snapshot of the Property, with an eye toward commencing the 6 hole, 4200 foot drill program recommended by Dr. Fedikow. The Company wishes to move forward on that program as soon as possible in order to assess the strike extent and continuity of the pegmatite below the limits indicated by previous diamond drilling, and to determine the extent of rare earth metals on the Property.

ON BEHALF OF THE BOARD

Craig Naughty

President & Director

For further information contact Craig Naughty, or visit the website at

www.firstlithiumresources.com

"Neither 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."

Copyright 2009 BAYSTREET NEWSWIRE