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Another client using our platform. More good news and proof that VSYS is heading in the right direction.
http://finance.yahoo.com/news/viscount-systems-wins-contract-phoenix-140000919.html
Viscount Systems Partners with Evolis to Provide Visitor Management Solutions
Press Release: Viscount Systems Inc. – Mon, Nov 5, 2012 9:00 AM ESTEmailShare0PrintRELATED QUOTESSymbol Price Change
VSYS 0.055 0.00
BURNABY, British Columbia--(BUSINESS WIRE)--
Viscount Systems Inc. (VSYS) a developer and manufacturer of IT-based solutions for physical security systems, announced today the Company has signed an agreement to partner with Evolis, a French manufacturer of plastic card personalization solutions. Under the agreement, Evolis and Viscount have jointly developed the all-in-one Hello Visitors solution, which is ideal for instant badge personalization. With this solution, Evolis will package Viscount’s Facility Friend software with the Evolis Tattoo-RW rewritable card printers, rewritable cards and badge-holders. Viscount will receive a software fee for each system sold. ‘Hello Visitors’ is an all-in-one visitor management solution based on rewritable cards. In addition to Visitor Management it also entails making a carefully designed, personalized badge available, enabling immediate identification of visitors within company premises. The solution will be released at Cartes 2012 (cartes.com) in Paris, France from November 6-8 2012. Cartes is the world’s leading smart technology event for security, identification, payment, and mobility.
“We are excited to make this agreement with one of the world’s leading personalized card and printer companies,” noted Stephen Pineau, CEO of Viscount. “Our relationship with Evolis provides worldwide coverage for our new Facility Friend platform. Facility Friend can be a stand alone visitor management and photo id system and can also be an accessory for Freedom so we may also be able to leverage this relationship to expand our worldwide Freedom channel partners.”
Viscount’s Facility Friend is comprehensive, user-friendly software, which enables precise analysis of visitor streams. A highly intuitive dashboard makes it possible to list visitor identities, state how many visits are underway, schedule facility visits, manage unwelcome visitors and generate an evacuation report listing visitors present onsite. For optimized management of visits over time, this software package also allows a database of visitor contacts to be quickly drawn up through the use of forms. Finally, the platform creates custom templates for photo id and identification badges.
The Evolis Tattoo-RW rewritable card printer
http://finance.yahoo.com/news/viscount-systems-partners-evolis-visitor-140000475.html
Some would think I'm crazy, but this is the time to buy WOLV and hold it for a quick double and more.
Lee and Bruce Costerd have put a lot of blood, sweat and tears into this company and have sacrificed so much. I'm betting it will not be for naught.
Still have all my shares. And no, I don't invest my IRA funds in junior miners.
If WOLV was a scam, it would not be doing any drilling, nor releasing the following news. Scam miners don't drill and they always find gold and diamonds.
The drill bit has spoken and WOLV now needs to do more drilling.
To date there has been insufficient diamond drilling done on the Property to explain all of the anomalies identified by the IP survey. Wolverine will continue to raise additional financing including identifying alternative financing such as joint ventures to continue exploration on the Property. Wolverine's objective will be securing the necessary financing to complete a more substantial drill program on the Property including drilling the second two holes at a steeper angle.
Great DAy here in the uS of A. We love our Canadian neighbors and junior miners.
Hopefully, we get some supa assay results on those WOLV cores!
You would think that with all of the developements on Nemaska's lithium property that TUCA would get some love, but alas, it wasn't to be.
Very hard attracting exploration funds on properties with no cores and no NI's.
Someday, maybe Nemaska will be in the position to buy us out.
I think that may be a good strategy to drill on the gold properties and then raise funds for the lithium property.
Most resource investors love all that glitters.
Evolis (Alternext: ALTVO) designs, manufactures and markets a comprehensive range of personalization solutions for plastic cards. These printers integrate all the options necessary for graphic, magnetic and electronic personalization (smart cards, with both contact and contactless RFID technology) of all types of cards (student cards, payment cards, travelcards, employee badges, etc.). Based in Angers (France) with subsidiaries in Miami (USA) and Singapore, and a representative office in Shanghai (China), Evolis achieved turnover of €44.4 million in 2011. Since January 1st 2012, Evolis has been marketing a full range of card accessories through its subsidiary, Sogedex Accessories. The group employs 185 people, and its solutions are on sale in 125 of the world’s countries.
Will the Ultrasonic Generator generate lithium?
I think I remember a similar device that was used by Dr. Smith in Lost In Space.
I hope its only a matter of time before VSYS is purchased by one one of the major players in the building security field.
Viscount Systems Partners with Evolis to Provide Visitor Management Solutions
Viscount Systems Inc. (OTCMARKETS:VSYS) a developer and manufacturer of IT-based solutions for physical security systems, announced today the Company has signed an agreement to partner with Evolis, a French manufacturer of plastic card personalization solutions. Under the agreement, Evolis and Viscount have jointly developed the all-in-one Hello Visitors solution, which is ideal for instant badge personalization. With this solution, Evolis will package Viscount’s Facility Friend software with the Evolis Tattoo-RW rewritable card printers, rewritable cards and badge-holders. Viscount will receive a software fee for each system sold. ‘Hello Visitors’ is an all-in-one visitor management solution based on rewritable cards. In addition to Visitor Management it also entails making a carefully designed, personalized badge available, enabling immediate identification of visitors within company premises. The solution will be released at Cartes 2012 (cartes.com) in Paris, France from November 6-8 2012. Cartes is the world’s leading smart technology event for security, identification, payment, and mobility.
“We are excited to make this agreement with one of the world’s leading personalized card and printer companies,” noted Stephen Pineau, CEO of Viscount. “Our relationship with Evolis provides worldwide coverage for our new Facility Friend platform. Facility Friend can be a stand alone visitor management and photo id sys
I hear they are drilling on our copper ...........etc.......property.
What matters now, is not what I think, or what others say. The assay office will have to weigh in about the cores.
The current drill crew will work year round, they are local drillers and are equipped for the climate.
Go WOLV!
Let's get those cores to the assay office!
Neal,
I hope so too. They seem to be making all the right moves and establishing connections with the guvment and other major players in the building security business.
Woof
And why did you add this chart? Do tell.
Wasn't me that paid the $100K! Looks like good news to me.
Viscount Completes $100,000 Private Placement
Date : 10/22/2012 @ 6:34PM
Source : Business Wire
Stock : Viscount Systems, Inc. (VSYS)
Quote : 0.31 0.0 (0.00%) @ 5:04PM
Viscount Completes $100,000 Private Placement
PrintAlert
Viscount Systems, Inc. (OTCBB: VSYS) announces that it has completed the sale of $100,000 of its Series A Convertible Redeemable Preferred Stock to a single investor.
The Series A Shares are convertible into shares of common stock of the Company at the rate of $0.05 per common share. The Company also issued the Series A Share investor 5 year warrants to purchase 1,000,000 shares of common stock at a price of $0.08 per common share. The Series A Shares are subject to the provisions of the Company’s Certificate of Designation, Preferences and Rights of the Series A Convertible Redeemable Preferred Stock, as amended. The Company also granted registration rights to the holder of the Series A Shares that may be exercised in certain circumstances.
Pickwick Capital Partners, LLC acted as the placement agent for the transaction. Proceeds to the Company from the sale of the Series A Shares will provide working capital to support and accelerate deployment of the Company’s Freedom Access Control security solution, for investor relations and for working capital purposes.
The securities referred to herein have not been and will not be (except in accordance with the registration rights provided to the investors) registered under the United States Securities Act of 1933 as amended (the “Securities Act”) or any state securities laws and may not be offered or sold except pursuant to an effective registration statement under the Securities Act and applicable state securities laws or pursuant to an available exemption from, or in a transaction not subject to, such registration.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This press release is neither an offer to sell nor a solicitation of an offer to buy any of these securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.
For more information please email investors@viscount.com, or call toll free as follows:
Viscount Systems, Inc.
c/o The Foothills Group
1-888-516-7415
I've sent Jordan an email and hope to hear from him soon.
This is certainly not a scam company not with its connections to Nemaska. However, all the activity has been with Nemaska's lithium property next door and I can see why some are getting impatient.
Yes, its a different world when the share price is above $1.00.
All the pieces are falling together with VSYS.
Nice volume today and I hear good news is on the way.
I like the fact that the Innu Tribe are very much involved in the development of the Cache River property.
VANCOUVER, British Columbia, Oct. 10, 2012
VANCOUVER, British Columbia, Oct. 10, 2012 /PRNewswire/ -- Vancouver Wolverine Exploration Inc. (WOLV-OTCQB) is pleased to announce that mobilization of equipment to the Cache River property for the drilling program was completed yesterday. The drill program is commencing today. The initial drilling will consist of a minimum of four drill holes and a minimum of 300 metres and will be evaluated for further drilling after the assay results of the initial drilling have been received.
The drill program will be conducted by Innu-Cartwright Drilling Limited Partnership under the supervision of the project geologist Ed Montague, P. Geo.
I have been exiled from from the mega copper board. LOL
Haters gotta hate. Let the drilling begin!
Being: TUCA (Helmsman's creation)
An undercover expose into how a junior miner underperforms. LOL
TUCA, like Liverpool, won't remain underperformers for too long.
The Kop likes what they see so far under the Rodgers regime, but they understand that we need at least one more clinical finisher in the box.
Staying focused, like you.
ps. Some rugby game that was!
Let's stamp out diving, by stomping on Luis! LOL
The future for lithium-ion batteries for cars is already here. With this new deal for Nemaska with a Swiss company, why not provide the budget to further explore our little gem.
"High-quality raw materials are a key element for cathode materials to be used in long-lasting lithium ion batteries," commented Denis Geoffroy, General Manager, Phostech Lithium. "We are eager to evaluate a new source of lithium hydroxide and explore a long-term relationship with Nemaska Lithium."
Phostech recently opened its facility in Quebec that produces the Life Power® P2 C-LiFePO4, a safe, high-power cathode material for rechargeable lithium-ion batteries used in hybrid and electric vehicles, solar and wind energy storage and power tools.
Good news for our neighbor Nemaska. This may mean that once the mine and plant are up and running, Nemaska may purchase our lithium property too. According to the PEA, the mine has an 18 year life span, buy up TUCA's lithium property and expand that time. It's looking more and more like a long term investment here, but, I think TUCA is moving along because of all the developments over at Nemaska. The good news is, that the Nemaska folks know all about what TUCA has.
Nemaska Lithium Announces Positive Preliminary Economic Assessment (PEA) for Whabouchi Mine and Lithium Hydroxide/Carbonate Plant
October 02, 2012
QUEBEC CITY, QUEBEC, CANADA--(Oct. 2, 2012) - Nemaska Lithium Inc. ("Nemaska" or the "Corporation") (TSX VENTURE:NMX) (OTCQX:NMKEF) is pleased to announce the results of a positive PEA prepared by independent consultants Met-Chem Canada Inc. and BBA Inc. (Chemical Plant - PEA level / Mine and Concentrator - Feasibility Study level).
PEA Highlights
(All calculations assume a selling price of US$8,000/t for Lithium Hydroxide and US$6,500/t for Lithium Carbonate using a 6% Li2O spodumene concentrate)
(All figures are quoted in CAD$, unless otherwise specified)
Life of Mine Production 3.8 million tonnes of 6 % Li2O spodumene concentrate to be converted into approximately 366,000 tonnes of battery grade lithium hydroxide and approximately 177,000 tonnes of battery grade lithium carbonate
Life of Mine Revenue US$4.1 billion
Pre-Tax Cash Flow $1.8 billion
Pre-Tax NPV 8% Discount (base case) $567 million
Pre-Tax NPV 6% $753 million
Discount Pre-Tax NPV 10% Discount $424 million
Pre-Tax Internal Rate of Return (IRR) 23.3%
Average Cost Per Tonne Lithium Hydroxide $3,400/t
Average Cost Per Tonne Lithium Carbonate $3,500/t
Total Initial Capital Costs $454 million (including contingency of $50 million (13%) and $15 million of working capital)
Expected Mine Life 18 years
Pay Back of Capital Costs 3.8 years
The Company issued a PEA on March 5th, 2011 prepared by Equapolar Inc., Mr. Gary Pearse MSc. P. Eng. and Patrice Live P. Eng. concerning the Whabouchi project. There are no significant changes between the assumptions concerning the mining production rate. The main difference between the reports concerns the life of mine increased from 15 years in the March 2011 PEA to 18 years.
"The project economics are robust and I am very pleased with a NPV of $567 million," commented Guy Bourassa, President and CEO. "Our goal is to continue toward production with a feasibility study due out at the end of the year. Quebec is emerging as a global lithium centre driven by the ever increasing demand for lithium batteries. These facilities (mine and concentrator) will create jobs in northern Quebec, in the Cree Nation of Nemaska as well as in the South in Valleyfield, Quebec, where the lithium hydroxide/carbonate plant is slated to be built."
The Whabouchi deposit has a NI 43-101 compliant proven and probable reserve (Feasibility Study level)
Nemaska Feasibility Study (IFS)
(4.5% Dilution @ 0.34% Li2O, 4.5% Ore Loss)
Total Reserve Estimate - (Cog 0.4% Li2O)
Category Ore (kt) Li20 (%)
Proven Reserves 10,197 1.53%
Probable Reserves 9,442 1.45%
Total 19,639 1.49%
Nemaska's Whabouchi deposit is the second richest deposit in the world. The mine is expected to produce approximately 213,000 tonnes of spodumene concentrate annually that will be transformed into approximately 20,700 tonnes of lithium hydroxide and approximately 10,000 tonnes of lithium carbonate, both of battery grade. The plant has been designed with the flexibility to produce 27,000 tonnes of lithium hydroxide and 4,000 tonnes of lithium carbonate should the market demand for hydroxide outpace lithium carbonate.
According to a study prepared for Nemaska by Roskill Consulting Group Ltd. in September 2012, the production of lithium ion batteries has grown by 20% per year from 2000 to 2011, overtaking nickel cadmium type batteries in the market. Demand for lithium hydroxide from the lithium ion battery industry is forecasted to grow at a rate of 30% per year between 2012 and 2020 driven by electric vehicles, electric bikes and grid storage increasing to 42,000 tonnes in 2020. In addition, the market for lithium hydroxide from all applications is expected to grow to 99,000 tonnes by 2020.* The price of battery grade lithium hydroxide in 2010 and 2011 was at US $7,500 - $8,000/t. During 2012, the price increased to US $8,500/t and prices are projected to stabilize in 2013 around US $9,000/t, increasing to US $10,475/t by 2020.
*(SignumBox Market Research, March 2012)
"Our proprietary electrolysis method of producing lithium hydroxide will set Nemaska apart from the competition, having the distinction of being the only producer with predictable stable input costs throughout the life of the project," Mr. Bourassa said. "We believe our ability to control conversion costs will provide us with a competitive advantage and enable us to grow our market share as the forecasted demand for lithium hydroxide comes to fruition." He continued, "With the positive economics of the mine and plant in place we can turn our attention to aggressively marketing our products. To that end, we have already sent samples of battery-grade lithium hydroxide to potential customers for evaluation and the response to date has been very positive. We will update the market on the progress on this important front in the weeks to come."
An Environmental and Social Impact Assessment (ESIA), including an Environmental and Social Baseline Study (ESBS), for the Whabouchi project is ongoing and should be completed by the end of November 2012. A request for an environmental "Certificat d'autorisation" is in preparation for the Valleyfield plant, which will not require an ESIA.
The technical information in this press release has been reviewed by Céline M. Charbonneau, P. Eng. of Met-Chem and Yves Dessureault, P. Eng. of BBA Inc., qualified persons as defined in National Instrument 43-101.
About Nemaska
Nemaska Lithium Announces Positive Preliminary Economic Assessment (PEA) for Whabouchi Mine and Lithium Hydroxide/Carbonate Plant
October 02, 2012
QUEBEC CITY, QUEBEC, CANADA--(Oct. 2, 2012) - Nemaska Lithium Inc. ("Nemaska" or the "Corporation") (TSX VENTURE:NMX) (OTCQX:NMKEF) is pleased to announce the results of a positive PEA prepared by independent consultants Met-Chem Canada Inc. and BBA Inc. (Chemical Plant - PEA level / Mine and Concentrator - Feasibility Study level).
PEA Highlights
(All calculations assume a selling price of US$8,000/t for Lithium Hydroxide and US$6,500/t for Lithium Carbonate using a 6% Li2O spodumene concentrate)
(All figures are quoted in CAD$, unless otherwise specified)
Life of Mine Production 3.8 million tonnes of 6 % Li2O spodumene concentrate to be converted into approximately 366,000 tonnes of battery grade lithium hydroxide and approximately 177,000 tonnes of battery grade lithium carbonate
Life of Mine Revenue US$4.1 billion
Pre-Tax Cash Flow $1.8 billion
Pre-Tax NPV 8% Discount (base case) $567 million
Pre-Tax NPV 6% $753 million
Discount Pre-Tax NPV 10% Discount $424 million
Pre-Tax Internal Rate of Return (IRR) 23.3%
Average Cost Per Tonne Lithium Hydroxide $3,400/t
Average Cost Per Tonne Lithium Carbonate $3,500/t
Total Initial Capital Costs $454 million (including contingency of $50 million (13%) and $15 million of working capital)
Expected Mine Life 18 years
Pay Back of Capital Costs 3.8 years
The Company issued a PEA on March 5th, 2011 prepared by Equapolar Inc., Mr. Gary Pearse MSc. P. Eng. and Patrice Live P. Eng. concerning the Whabouchi project. There are no significant changes between the assumptions concerning the mining production rate. The main difference between the reports concerns the life of mine increased from 15 years in the March 2011 PEA to 18 years.
"The project economics are robust and I am very pleased with a NPV of $567 million," commented Guy Bourassa, President and CEO. "Our goal is to continue toward production with a feasibility study due out at the end of the year. Quebec is emerging as a global lithium centre driven by the ever increasing demand for lithium batteries. These facilities (mine and concentrator) will create jobs in northern Quebec, in the Cree Nation of Nemaska as well as in the South in Valleyfield, Quebec, where the lithium hydroxide/carbonate plant is slated to be built."
The Whabouchi deposit has a NI 43-101 compliant proven and probable reserve (Feasibility Study level)
Nemaska Feasibility Study (IFS)
(4.5% Dilution @ 0.34% Li2O, 4.5% Ore Loss)
Total Reserve Estimate - (Cog 0.4% Li2O)
Category Ore (kt) Li20 (%)
Proven Reserves 10,197 1.53%
Probable Reserves 9,442 1.45%
Total 19,639 1.49%
Nemaska's Whabouchi deposit is the second richest deposit in the world. The mine is expected to produce approximately 213,000 tonnes of spodumene concentrate annually that will be transformed into approximately 20,700 tonnes of lithium hydroxide and approximately 10,000 tonnes of lithium carbonate, both of battery grade. The plant has been designed with the flexibility to produce 27,000 tonnes of lithium hydroxide and 4,000 tonnes of lithium carbonate should the market demand for hydroxide outpace lithium carbonate.
According to a study prepared for Nemaska by Roskill Consulting Group Ltd. in September 2012, the production of lithium ion batteries has grown by 20% per year from 2000 to 2011, overtaking nickel cadmium type batteries in the market. Demand for lithium hydroxide from the lithium ion battery industry is forecasted to grow at a rate of 30% per year between 2012 and 2020 driven by electric vehicles, electric bikes and grid storage increasing to 42,000 tonnes in 2020. In addition, the market for lithium hydroxide from all applications is expected to grow to 99,000 tonnes by 2020.* The price of battery grade lithium hydroxide in 2010 and 2011 was at US $7,500 - $8,000/t. During 2012, the price increased to US $8,500/t and prices are projected to stabilize in 2013 around US $9,000/t, increasing to US $10,475/t by 2020.
*(SignumBox Market Research, March 2012)
"Our proprietary electrolysis method of producing lithium hydroxide will set Nemaska apart from the competition, having the distinction of being the only producer with predictable stable input costs throughout the life of the project," Mr. Bourassa said. "We believe our ability to control conversion costs will provide us with a competitive advantage and enable us to grow our market share as the forecasted demand for lithium hydroxide comes to fruition." He continued, "With the positive economics of the mine and plant in place we can turn our attention to aggressively marketing our products. To that end, we have already sent samples of battery-grade lithium hydroxide to potential customers for evaluation and the response to date has been very positive. We will update the market on the progress on this important front in the weeks to come."
An Environmental and Social Impact Assessment (ESIA), including an Environmental and Social Baseline Study (ESBS), for the Whabouchi project is ongoing and should be completed by the end of November 2012. A request for an environmental "Certificat d'autorisation" is in preparation for the Valleyfield plant, which will not require an ESIA.
The technical information in this press release has been reviewed by Céline M. Charbonneau, P. Eng. of Met-Chem and Yves Dessureault, P. Eng. of BBA Inc., qualified persons as defined in National Instrument 43-101.
About Nemaska
http://nemaskaexploration.mwnewsroom.com/press-releases/nemaska-lithium-announces-positive-preliminary-eco-tsx-venture-nmx-201210020823456001?lang=en-us
I hope Nemeska's progress will translate into more money to explore TUCA's adjacent lithium property. At least we have a group of mining guys over at Nemaska that can help us.
You a long suffering Stoke fan? I'm looking forward to today's game with Udinese.
TUCA's neighbor Nemaska Lithium Signs an Off-Take and Collaboration Agreement With Phostech Lithium for Production of Lithium Hydroxide
October 04, 2012
QUEBEC CITY, QUEBEC, CANADA--(Oct. 4, 2012) - Nemaska Lithium Inc. ("Nemaska" or the "Corporation") (TSX VENTURE:NMX)(OTCQX:NMKEF) is pleased to announce that it has signed an off-take and collaboration agreement ("Agreement") with Phostech Lithium Inc. ("Phostech"), a Clariant AG group company. (Swiss Exchange: CLN) Per the Agreement, Phostech agrees to evaluate and purchase from Nemaska the output of the lithium hydroxide monohydrate to be produced by Nemaska's Phase I plant. Nemaska and Phostech also agree to collaborate in order to determinate the economic and technical feasibility of tailoring the lithium hydroxide fabrication process according to Phostech's specifications. Pending financing and budgetary considerations, Nemaska Lithium intends to build a Phase I, 500 tonnes a year lithium hydroxide plant using its proprietary chemical transformation process.
"This is our first agreement with an end user and we are delighted to be working with Phostech, a division of Clariant, a large established multinational organization that focuses on speciality chemicals including battery cathode material manufacturing," commented Guy Bourassa, President and CEO of Nemaska Lithium. "This agreement will accelerate our decision to build a Phase I lithium hydroxide plant which will also be used as a marketing tool to discuss with other potential customers."
"High-quality raw materials are a key element for cathode materials to be used in long-lasting lithium ion batteries," commented Denis Geoffroy, General Manager, Phostech Lithium. "We are eager to evaluate a new source of lithium hydroxide and explore a long-term relationship with Nemaska Lithium."
Phostech recently opened its facility in Quebec that produces the Life Power® P2 C-LiFePO4, a safe, high-power cathode material for rechargeable lithium-ion batteries used in hybrid and electric vehicles, solar and wind energy storage and power tools.
About Phostech
Phostech Lithium is a Clariant group company and integral part of Clariant Battery Materials, the leading supplier of high quality C-LiFePO4 cathode material. Clariant Battery Materials markets different Life Power® grades manufactured in its plants in Canada and Germany. Clariant Battery Materials controls and develops several synthesis processes to fulfill needs of present & future customers and markets.
About Clariant
Clariant is an internationally active specialty chemical company, based in Muttenz near Basel. The group owns over 100 companies worldwide and employed 22 149 employees on December 31, 2011. In the financial year 2011, Clariant produced a turnover of CHF 7.4 billion. Clariant is divided into eleven business units: Additives; Catalysis & Energy; Emulsions, Detergents & Intermediates; Functional Materials; Industrial & Consumer Specialties; Leather Services; Masterbatches; Oil & Mining Services; Paper Specialties; Pigments; Textile Chemicals. Clariant focuses on creating value by investing in future profitable and sustainable growth, which is based on four strategic pillars: Improving profitability, innovation as well as research and development, dynamic growth in emerging markets, and optimizing the portfolio through complementary acquisitions or divestments.
About Nemaska
http://nemaskaexploration.mwnewsroom.com/press-releases/nemaska-lithium-signs-an-off-take-and-collaboratio-tsx-venture-nmx-201210040823837001?lang=en-us
Nemaska Lithium Signs an Off-Take and Collaboration Agreement With Phostech Lithium for Production of Lithium Hydroxide
October 04, 2012
QUEBEC CITY, QUEBEC, CANADA--(Oct. 4, 2012) - Nemaska Lithium Inc. ("Nemaska" or the "Corporation") (TSX VENTURE:NMX)(OTCQX:NMKEF) is pleased to announce that it has signed an off-take and collaboration agreement ("Agreement") with Phostech Lithium Inc. ("Phostech"), a Clariant AG group company. (Swiss Exchange: CLN) Per the Agreement, Phostech agrees to evaluate and purchase from Nemaska the output of the lithium hydroxide monohydrate to be produced by Nemaska's Phase I plant. Nemaska and Phostech also agree to collaborate in order to determinate the economic and technical feasibility of tailoring the lithium hydroxide fabrication process according to Phostech's specifications. Pending financing and budgetary considerations, Nemaska Lithium intends to build a Phase I, 500 tonnes a year lithium hydroxide plant using its proprietary chemical transformation process.
"This is our first agreement with an end user and we are delighted to be working with Phostech, a division of Clariant, a large established multinational organization that focuses on speciality chemicals including battery cathode material manufacturing," commented Guy Bourassa, President and CEO of Nemaska Lithium. "This agreement will accelerate our decision to build a Phase I lithium hydroxide plant which will also be used as a marketing tool to discuss with other potential customers."
"High-quality raw materials are a key element for cathode materials to be used in long-lasting lithium ion batteries," commented Denis Geoffroy, General Manager, Phostech Lithium. "We are eager to evaluate a new source of lithium hydroxide and explore a long-term relationship with Nemaska Lithium."
Phostech recently opened its facility in Quebec that produces the Life Power® P2 C-LiFePO4, a safe, high-power cathode material for rechargeable lithium-ion batteries used in hybrid and electric vehicles, solar and wind energy storage and power tools.
About Phostech
Phostech Lithium is a Clariant group company and integral part of Clariant Battery Materials, the leading supplier of high quality C-LiFePO4 cathode material. Clariant Battery Materials markets different Life Power® grades manufactured in its plants in Canada and Germany. Clariant Battery Materials controls and develops several synthesis processes to fulfill needs of present & future customers and markets.
About Clariant
Clariant is an internationally active specialty chemical company, based in Muttenz near Basel. The group owns over 100 companies worldwide and employed 22 149 employees on December 31, 2011. In the financial year 2011, Clariant produced a turnover of CHF 7.4 billion. Clariant is divided into eleven business units: Additives; Catalysis & Energy; Emulsions, Detergents & Intermediates; Functional Materials; Industrial & Consumer Specialties; Leather Services; Masterbatches; Oil & Mining Services; Paper Specialties; Pigments; Textile Chemicals. Clariant focuses on creating value by investing in future profitable and sustainable growth, which is based on four strategic pillars: Improving profitability, innovation as well as research and development, dynamic growth in emerging markets, and optimizing the portfolio through complementary acquisitions or divestments.
About Nemaska
http://nemaskaexploration.mwnewsroom.com/press-releases/nemaska-lithium-signs-an-off-take-and-collaboratio-tsx-venture-nmx-201210040823837001?lang=en-us
The chart is reflecting real life for Nemaska as it moves forward with the development of its lithium property.
SIA-Chart for NMX.V : Very Bullish : Besides having a superman show up, which happens when the stock goes 5% above its 100 day moving average. We also have a super cross show up which means that the 50 day moving average has broken above the 100 day moving average, which is also very bullish and means that buyers are coming in big time.
Any info on funding sources?
In the meantime, Nemaska, our neighbor,is moving right along with plans to develop its lithium mine and plant. I hope at some point TUCA gets bought out by Nemaska or the Chinese give us money to continue exploring our lithium property.
Hope springs eternal = Liverpool in the top 6!
Media Advisory/REMINDER: Nemaska Lithium Holds Press Conference to Announce PEA Results for Lithium Mine, Concentrator and Lithium Hydroxide/Carbonate Facility in Quebec
October 02, 2012
MONTRÉAL, QUÉBEC--(Oct. 2, 2012) - Nemaska Lithium Inc. (TSX VENTURE:NMX)(OTCQX:NMKEF) -
Who:
Guy Bourassa, President and CEO of Nemaska Lithium
Denis Lapointe, Eng., M. Eng. Env., Mayor of Salaberry de Valleyfield, President of the CLD Beauharnois-Salaberry
What:
Press Conference to review the results of the Preliminary Economic Assessment (PEA) of Nemaska Lithium's mine, concentrator and lithium hydroxide plant. Mr. Guy Bourassa, President and CEO of Nemaska Lithium will discuss how Quebec is emerging as a global lithium centre driven by the ever increasing demand for lithium batteries. These facilities (mine and concentrator) will create value added jobs in Quebec's north in the Cree Nation of Nemaska as well as the south in Valleyfield, Quebec where the lithium hydroxide/carbonate plant is slated to be built. Mr. Denis Lapointe will profile Valleyfield as a premier industrial manufacturing centre for existing and emerging industries in Quebec.
When:
October 2, 2012, 4:30 pm
Where:
Hôtel Sofitel Montréal Le Carré Doré
1155 Sherbrooke Ouest, Montreal - Quebec, H3A 2N3
Pablo Picasso Room
Media Advisory/REMINDER: Nemaska Lithium Holds Press Conference to Announce PEA Results for Lithium Mine, Concentrator and Lithium Hydroxide/Carbonate Facility in Quebec
October 02, 2012
MONTRÉAL, QUÉBEC--(Oct. 2, 2012) - Nemaska Lithium Inc. (TSX VENTURE:NMX)(OTCQX:NMKEF) -
Who:
Guy Bourassa, President and CEO of Nemaska Lithium
Denis Lapointe, Eng., M. Eng. Env., Mayor of Salaberry de Valleyfield, President of the CLD Beauharnois-Salaberry
What:
Press Conference to review the results of the Preliminary Economic Assessment (PEA) of Nemaska Lithium's mine, concentrator and lithium hydroxide plant. Mr. Guy Bourassa, President and CEO of Nemaska Lithium will discuss how Quebec is emerging as a global lithium centre driven by the ever increasing demand for lithium batteries. These facilities (mine and concentrator) will create value added jobs in Quebec's north in the Cree Nation of Nemaska as well as the south in Valleyfield, Quebec where the lithium hydroxide/carbonate plant is slated to be built. Mr. Denis Lapointe will profile Valleyfield as a premier industrial manufacturing centre for existing and emerging industries in Quebec.
When:
October 2, 2012, 4:30 pm
Where:
Hôtel Sofitel Montréal Le Carré Doré
1155 Sherbrooke Ouest, Montreal - Quebec, H3A 2N3
Pablo Picasso Room
I wonder what good news will be announced at the press conference today!
Thanks.
Press conference today at 4:30 pm Canuck time to announce results of economic survey. Hmmmm.....
http://www.nemaskalithium.com
We are devoted alright, but happened to all our lithium? LOL
"We have a devoted group of shareholders that understand the vision of where we are headed and deserve results, not further delays."
Trading halted over at Nemaskaland. Wonder what is up with that?
Gotta be good news boys and girls.
-V: NMX
Last Trade: 0.61
Trade Time: oct. 02 12:57pm
Change: +0.01 (1.67%)
Prev Close: 0.60
Open: 0.60
Bid: 0.60
Ask: 0.61
Volume: 426774
Wonder what's up with dat?