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Everyone is most welcome! And there were two items we will table for next week., also please send your 'new' questions.. we may have something a little different planned for next Friday's Q&A...
Thanks everyone the board and myself are honored and proud to serve you all!
have a great and safe weekend all !
July 29, 2011
Friday Q & A with MMTE and investors…
Hello all,
This morning Brian and I had a 90 minute conversation
covering all of the questions posed this week. He was straightforward
and comprehensive with all answers, where he could not answer that
was understood, as that was in the best interest of the company.
If you have any questions remaining regarding these topics below I will ask
that you call or email the company directly. I welcome any question
now for next Friday’s Q&A as well, But will not be answering any questions that are placed in my PM box on these topics. Feel free to discuss with the body and your peers. I wish to thank Brian for his time
this morning. He did not rush through answers, gave me his full attention
and I came away with the feeling that this Q&A was very important to him
as he expressed his desire and willingness to communicate with all investors.
D: What is the strategic goal of the International Panel?
B: It is a select group of individuals that will help navigate and steer
MMTE though areas of their expertise. As MMTE ventures out into
other areas of mining and into other counties and potential third world
countries, theses panelists will help in areas including but not limited
to, logistics, mining, language, government., etc.
D: What types of companies is MMTE looking to partner with. Obviously
you cannot reveal the companies – but is it car manufacturers, battery makers,
battery storage… ?
B: Mammoth is looking at anybody that has use for Lithium, and MMTE will
not limit itself to one industry. Mammoth will try to capatilize on all
areas of Li use.
D: Can you provide an update on the highly anticipated “up-listing” status?
When will that come?
B: Mammoth is working on fulfilling requirements and obligations as is evident
in past filings of financials, to receive as few comments back from the SEC
so as not to delay the up-listing by unfulfilled requirements. Each ‘comment’
received can push the process back 30 days for review and response. In order
to minimized this potential MMTE is fulfilling these requirements. We do not
wish to be one of those companies that sends an application waits 30 days
only to get back a ‘comment’ in which we have 30 days to respond, and then
send it again in which they have 30 days to reply., etc…
D: Have any shares become unrestricted in the last three months, if so how
many and are they being currently sold?
B: There have been no additions to the float.
D: After financial are delivered, how do you feel the overall feeling of the
shareholder will be; Pleased, Very Pleased, or Fall Off My Chair
Pleased?
B: Fall Off My Chair Pleased.
D: There are concerns about the current Li mining restrictions in
Chile. Is MMTE relying on its JV co to get approval? Can
‘Limitada’ come under the CORFO umbrella?
B: All business conducted in Chile at present will be held within
the Chilean corporation. All Assets will be held within the Chilean
corporation which is a wholly owned subsidiary of MMTE making
it International. As far as Chile is concerned, it is a ‘Chilean’ corporation
investing in it’s own company.
D: Will the Facebook page be updated with current PR’s and filings and
will there be an active link directly to the company – meaning when a PR
is released will it automatically go to the Facebook page, and simultaneously
hit Marketwire, Facebook., etc?
B: PR’s are released through Newswire first, then to our Corporate Website and Facebook etc.,
Mammoth is about to start a 'Media Blitz'across all electronic forums. This will not be done by MMTE or Ironclad., and I am unable to say who at this time.
D: The website says 15,000 hectares, is that being corrected?
B: Yes, it is, and we are very disappointed in the delay as well as you all are.
D: What countries will William look into for future mining and exploration?
B: Every country that has Lithium, Potash, Boron and rare minerals. Mammoth
will not limit itself to any particular countries.
Thank you all for your questions, and thank you again Brian for your time and for opening the line of communication. Again all members are welcome to call or email the office at your convenience.
Dii Dii
HI Pennywhore, no worries, these are all great questions.,
I'll answer what I can and encourage anyone to add as well.. the SEC is after pennys that have multi PR's with little or no evidence of anything actually happening.
It is my belief we don't fall into that category as the PR's that are put forth show the progression of the actions. Such as the Chilean subsidiary, the loi's and then the actual acquisitions.
For my own comfort I know the Phillipi law firm is one of - if not the, the largest law firm in Chile. They would not attach their name to a suspicious company. MMTE also had Corey Brinson, CT as the attorney to oversee the last filings. HE was running for a state position if my memory serves me secretary of state. MMTE has also been filing on time (and not required as a pink) it's financials., etc since last June. I learned in Jan when I became invested that William wanted to up-list and that is a requirement - to have x number of filings for x number of times....
The authorized shares are 15B, of which 5B are considered O/S., the remaining 10 may/are used for convertible debt, financing, and as I'm told is not an uncommon way to arrange financing.
Also I apologize for the delay in the Q&A.. I am just waiting to verify one or two minor transcribed comments for accuracy.. thanks all !
Thank you AMA,, as I stated earlier this week, the relative issue is the share structure, as there has been much discussion regarding same. It will stay until further notice.
I am transcribing my Q & A with Brian as I post this note., and I will have it out shortly. thanks folks !
Dii
Thank you Dolphin, I look forward to sharing all the info we gather today.. we have over a dozen questions on various topics as you can imagine, so we'll try to get to them all on our 10:00 call..
Di
Good Morning Buffalo and all MMTEr's !
I will be speaking with Brian this am.. we have a long list of questions and I will report back all answers today as well.
I also encourage everyone to feel free to call the company at anytime you wish.. Please don't feel your questions must come from this source.
Please welcome our newest moderator to the panel, Jkm1.
Jkm1 brings with him a tremendous wealth of knowledge of the company as a longstanding investor, and a open, honest and straight forward persona as well as strong supporter of MMTE.
Welcome Jkm1 !
MMTE Does not Trade premarket... I have no trouble with a open buy order that I have in this am.
Chroma I will ask those questions Friday morning.
thanks for asking them - great suggestions there !
Dii
Possitively Stressfree - Will do !
Good catch on your part as well - thank you.
Dii
count on it
YES FLY,, MMTE IS NOT DILUTING... Maybe AMA could explain better than I who/what he's referring to..
.. ADDENDUM / Conversation with Brian yesterday ...
Re.. R/S:
I did asked directly about a R/S to which Brian replied, "Dii Dii - that is not even on the table., we have not spoken about it."
Re.. the filings:
.. Brian told me the filings would be on time, and that the Filing Date should be August 15th.
I would also like to add that during talks with the company I've have received word that the financials are significantly longer that the previous ones
( apologies to all -In yesterdays confusion I neglected to add the above)
**************************
Hello all.. I spoke with Brian today and do have his approval to share with you the following:
....... MMTE IS NOT DILUTING.....
There has been NO DILUTION on the part of MMTE and the
Share Structure Has Not Changed...
I asked if there was anything the company wishes to express to the IHub members regarding pending litigation and received the following:
Mammoth would like to thank all of it's long and strong members for standing by and wishes them to know any issues at present are hurdles that will not impede the companies mission or our progress.
... Brian and I will be speaking on Friday mornings so please feel free to relay your questions to me. It goes without saying of course You may ask anything you like in a civil and respectful manner. Also, the number to reach him is 917.310.3229 Do not hesitate to call..
I also want to thank you all for being patient today regarding this PR issue.. we know a corrected one is on its' way. Stuff happens.. lots going on at the office these days...
GO MMTE !!!
© 2011 InvestorsHub.Com, Inc.
Good Morning Tufan.. It is relative and factual information that is valuable to new and current investors. The question is posted over and over and over again -- and this is the answer from the President Wiliam Lieberman himself. It is directly related to my posting yesterday of NO DILUTION by MMTE - and no change in share structure - as many were wondering if it was Wiles that was cashing in chips.
Morning Drews - Can't thank you enough for that post !!
got it thanks Homey!
Thank you Flush - those are powerful words coming from you. It's an honor and a privilege Sir. You tell it like it is, both ways. That's what has built your credibility..and I appreciate that.
Completely agree... why would anyone cash in chips now?
Hello all - MMTE has accomplished much in the past twelve months.. here's a recap for all to enjoy...
MMTE TIMELINE UPDATE 7.9.10 THRU 7.26.11
07/09/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Memorandum of Understanding with Salt Gold Inter Chile Limitada, of Chile, regarding its high concentration lithium concessions.
Salt Gold Inter Chile Limitada lithium concessions are found in the North West region of Chile in the heart of the Lithium belt stretching across Bolivia, Chile and Argentina.
"To date surface sampling has been completed over almost all the entire concession," commented Mr. William Lieberman, President of Mammoth Energy Group. "We expect to announce our developments in the immediate future and look forward to the analytical results."
Mammoth Energy Group Signs First Letter of Intent to Acquire Lithium Concessions of Salt Gold Inter Chile Limitata of Chile
Mammoth Energy Group to Acquire 49% of Chilean Lithium Concessions at Salar de Maricunga
07/30/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Letter of Intent to acquire forty-nine percent (49%) of the outstanding stake of Salt Gold Inter Chile Limitata's concessions in the Salar de Maricunga located in the Atacama desert near Copiapo, Chile.
"We are very pleased to be making this first of many announcements on the official signing of the Letter of intent to acquire Salt Gold Inter Chile's lithium concessions," announced William Lieberman, President of Mammoth Energy Group. "This is the first of many strategic moves for Mammoth Energy Group," he added.
Salt Gold Inter Chile Limitata lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium.
"Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD," said William Lieberman.
08/17/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Memorandum of Understanding with Salt Gold Inter Chile Limitada, of Chile, to acquire the remaining 51% of the project.
Mammoth Energy Group Inc. has already signed a Letter of Intent to acquire the first forty-nine percent (49%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama Desert near Copiapo, Chile.
Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium. Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD.
Mammoth Energy Group to Acquire Remaining 51% of Chilean Lithium Concessions at Salar de Maricunga
Sep. 1, 2010 (Marketwire) --
Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Letter of Intent to acquire fifty-one (51%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama desert near Copiapo, Chile.
"We are very pleased to be finalizing our intentions with Salt Gold Inter Chile Limitada on the official signing of the Letter of intent to acquire Salt Gold Inter Chile's lithium concessions," announced William Lieberman, President of Mammoth Energy Group.
Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium.
"Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD," said William Lieberman.
Mammoth Energy Group to Initaite Chilean Subsidiary
Alternative Energy Mining Company Currently Under Negotiation With Seven Other Lithium Developments
11/18/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) a lithium and alternative energy mining company with concessions located near Copiapo, Chile, announced today that it is in the process of creating a Chilean subsidiary to handle its lithium developments.
The company expects that this subsidiary will formalize its agreements imminently. The new company once finalized will be named LithiumInvestments S.A.
"This is the next step for us as we move into 2011 and as we begin to initiate the development of lithium," said William Lieberman
Mammoth has signed a Letter of Intent with Salt Gold Inter Chile Limitada whose concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium. Mammoth is currently under negotiation with seven other lithium developments whose total acreage may exceed 15,000 hectares.
Mammoth Energy Group Under Final Negotiations
Alternative Energy Mining Firm in Final Due Diligence in Chile
12/08/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that it is in the final stages of negotiations for lithium concessions in Chile. The firm is currently working with its Chilean lawyers to finalize the formation of its Chilean subsidiary and in completing final due diligence on all properties under negotiation.
Mammoth has signed a Letter of Intent with Salt Gold Inter Chile Limitada whose concessions are located in the Salar de Maricunga. The company is currently speaking with five other local Chilean and Canadian companies to acquire mining rights and concessions. The company expects its entire lithium package once complete will total acreage of approximately 12,500 hectares or close to 31,000 acres. The value of acres in Chile has been estimated to be $10,000 to $30,000 depending on lithium concentration levels.
Mammoth Chief Executive Officer William Lieberman stated, "It's been a long and tiring process over the last eight months, but 2011 will establish Mammoth Energy Group as a leading Lithium
miner with significant concessions finalized in Chile. We appreciate the patience and time that our shareholders have given us throughout the year. Terms of the deal will be announced in the immediate future."
03/11/11 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) (www.mammothenergygroup.com), a lithium and alternative energy mining company, announced today that it is actively seeking investment and public relations companies for the financing for its lithium concessions in Chile.
The company is in final stages of negotiations and intends to announce acquisitions of its Chilean concessions by the end of the first quarter with quick plans to up list to the OTC-BB market.
Mammoth Energy Group (www.mammothenergygroup.com) has signed a Letter of Intent with Salt Gold Inter Chile Limitada, whose concessions are located in the Salar de Maricunga. The company expects its entire lithium package once complete will total acreage of approximately 12,500 hectares or close to 31,000 acres.
NEW YORK, April 27, 2011 /PRNewswire/ -- Mammoth Energy Group Inc. (PINK: MMTE), a lithium and alternative energy mining company, announced today that it intends to increase its investment and intends to acquire a total of 3500 Hectares or approximately 8645 acres in the Salar de Maricunga located near Copiapo, Chile.
"Once the Salar de Maricunga, our first acquisition, is completed we will focus on the roll out of additional acquisitions across Chile and Argentina that we have been working on for sometime," announced William Lieberman, President of Mammoth Energy Group.
The company is currently working with Philippi, Yrarrazaval, Pulido & Brunner, a leading Chilean mining firm who is completing the due diligence and the final transaction documents on this initial transaction.
Mr. Lieberman added, "Working overseas or in any foreign country can sometimes have its challenges and we have always been focused on building shareholder value over the long run and will continue to do so."
The acquisition, once completed, will have 43-101 compliant lithium values of 1000 mg/l. The Salar de Maricunga is a world class lithium asset with similar lithium values as the Salar de Atacama, which is currently mined by Sociedad Quimica y Minera S.A.
NEW YORK, May 10, 2011 /PRNewswire/ -- Mammoth Energy Group Inc. (PINK: MMTE) a lithium and alternative energy mining company announced today that it is continuing its time frame for raising capital.
The company is finishing the completion of its new subsidiary Compania Lithium Investments S.A. of Chile which it will use to acquire Lithium assets located throughout the country.
June 13 , 2011
Completion of Acquisition or Disposition of Assets, Including but not Limited to Mergers.
Mammoth Energy Group Inc. (PINK: MMTE) a lithium and alternative energy mining company
announced today that it acquired Compania Lithium Investments Limitada in an exchange of
125,000,000 shares of restricted common stock for 99.9% of Compania Lithium Investments Limitada.
Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining
assets in Chile on behalf of Mammoth Energy Group Inc. Compania Lithium Investments Limitada of
Chile has acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the
southern section of the Salar de Maricunga basin located in the province of Copiapo, Chile. The company
completed this acquisition on May 23, 2011.
Mammoth Energy Group, Inc. will operate this acquisition as majority owned subsidiary. This acquisition
is a related party transaction since Mammoth has acquired its majority stake in the acquisition from
William Lieberman, CEO of Mammoth. Mr. Lieberman exchanged all of his 99.9% ownership to the
Company.
Mammoth Energy Group Inc. acquired Compania Lithium Investments Limitada in an exchange of
125,000,000 shares of restricted common stock for 99.9% of Compania Lithium Investments Limitada.
s/William Lieberman
__________________
President, Director
Mammoth Energy Group Acquires Chilean Lithium Assets
May 26, 2011 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary Compania Lithium Investments Limitada of Chile has acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the southern section of the Salar de Maricunga basin located in the province of Copiapo, Chile.
Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining assets in Chile on behalf of Mammoth Energy Group Inc.
Mammoth Energy Group Signs Letter of Intent to Acquire Additional Lithium Assets
May 31, 2011 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary, Compania Lithium Investments Limitada of Chile, has signed a Letter of Intent to acquire seven concessions for a total of 4695 acres (1900 hectares) of lithium concessions located in the Salar de Pujsa.
"The Salar de Pujsa is located in the north east corner of Chile, close to the borders of both Boliva and Argentina, approximately thirty-five miles away from the Salar de Atacama, one of the largest mined lithium reserves in Chile," said William Lieberman, President of Mammoth Energy Group. He added, "The Salar de Pujsa has similar geology to the Salar de Atacama where lithium concentrations average between 500 to 750 ppm lithium and 9000-10000 ppm for potassium and is the largest lithium brine mined in the world."
Mammoth Energy Group Continues to Acquire Chilean Lithium Assets
Jun 03, 2011 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary Compania Lithium Investments Limitada of Chile has signed a Letter of Intent to acquire six concessions for a total of 2471 acres (1000 hectares) of lithium concessions located in the Salar de laco in northeast Chile.
"The Salar de laco is approximately 10 miles from the border of Argentina and approximately fifty miles away from the Salar de Atacama, Chile's largest mined lithium reserve," said William Lieberman, President of Mammoth Energy Group. He added, "With the Salar de laco and Salar de Pujsa LOI's currently in place, we are continuing our acquisition hunt to become one of the largest international holders of Lithium concessions in Chile."
Jun 28, 2011 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary Compania Lithium Investments Limitada of Chile has acquired seven concessions for a total of 4695 acres (1900 hectares) of lithium concessions located in the Salar de Pujsa. With this additional acquisition Mammoth Energy Group has acquired more than thirteen thousand (13,000) acres of salar exploration rights in Chile.
Mammoth Energy Group's Compania Lithium Investments Limitada has already acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the southern section of the Salar de Maricunga basin located in the province of Copiapo, Chile. The company is currently in acquisition mode and Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining assets in Chile on behalf of Mammoth Energy Group Inc.
Mammoth Energy Group Continues Acquisition Hunt
Jun 30, 2011 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) (www.mammothenergygroup.com), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary Compania Lithium Investments Limitada of Chile has acquired another six concessions for a total of 2471 acres (1000 hectares) of lithium concessions located in the Salar de Laco. With this additional acquisition Mammoth Energy Group has acquired more than fifteen thousand (15,000) acres of salar exploration rights in Chile.
Mammoth Energy Group's Compania Lithium Investments Limitada has already acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the southern section of the Salar de Maricunga basin located in the province of Copiapo, Chile. In addition the company has acquired seven concessions for a total of 4695 acres (1900 hectares) of lithium concessions located in the Salar de Pujsa. The company is currently in acquisition mode and Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining assets in Chile on behalf of Mammoth Energy Group Inc.
Mammoth Energy Group to Create Non Executive Advisory Board
Jul 13, 2011 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) a lithium and alternative energy mining company announced today that it is creating a non executive advisory board for strategic consulting to the company. The board will be comprised of an international mix of advisors focused on the strategic development of the company and potential joint partners.
Mammoth Energy Group's wholly owned subsidiary Compania Lithium Investments Limitada of Chile has acquired more than thirteen thousand (13,000) acres of salar exploration rights in Chile.
The company is currently in acquisition mode and Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining assets in Chile on behalf of Mammoth Energy Group Inc. The company expects to complete additional acquisitions throughout the third quarter.
Mammoth Energy Group Signs Letter of Intent to Acquire Additional Lithium Concessions
Jul 26, 2011 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary Compania Lithium Investments Limitada of Chile has signed a Letter of Intent to acquire five concessions for a total of 2471 acres (1000 hectares) of lithium concessions located at Laguna Lagunilla situated in the Pica commune.
Mammoth Energy Group's Compania Lithium Investments Limitada has already acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the southern section of the Salar de Maricunga, seven concessions for a total of 4695 acres (1900 hectares) in the Salar de Pujsa, and now with the 2471 acres (1000 hectares) in the Salar del Laco for a total of just under 16,000 combined acres throughout Chile. The company is currently in acquisition mode and Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining assets in Chile on behalf of Mammoth Energy Group Inc.
Hi Workin -- yes there is.. we spoke about that today - not in great detail - but the plan is to uplist.
I am hoping so too Rustler.. as I did mention let's be patient.. lots going on up there folks ... or down there wherever you are ...
Hi Phrozt.. it was being worked on as we spoke and the indication I took away was that it would be today.
Hello all.. I spoke with Brian today and do have his approval to share with you the following:
....... MMTE IS NOT DILUTING.....
There has been NO DILUTION on the part of MMTE and the
Share Structure Has Not Changed...
I asked if there was anything the company wishes to express to the IHub members regarding pending litigation and received the following:
Mammoth would like to thank all of it's long and strong members for standing by and wishes them to know any issues at present are hurdles that will not impede the companies mission or our progress.
... Brian and I will be speaking on Friday mornings so please feel free to relay your questions to me. It goes without saying of course You may ask anything you like in a civil and respectful manner. Also, the number to reach him is 917.310.3229 Do not hesitate to call..
I also want to thank you all for being patient today regarding this PR issue.. we know a corrected one is on its' way. Stuff happens.. lots going on at the office these days...
GO MMTE !!!
Hi Synergy YES Verified with MMTE sorry I didn't add that..
** CORRECT PR WILL BE FORTHCOMING **
that can only mean one thing... if we have almost 16K acres...
and another PR is coming............. hummmmmmmmm
** TECHNICAL ISSUE UPLOADING PR ** CORRECTED PR WILL BE
FORTHCOMING *** no I don't know what it is... sorry!!
HI Folks, it must be some sort of misunderstanding.. let me find out what I can back in a bit.
Hi All ! don't forget to add MMTE in all your posts... SO we'll be BIG on the BUZZCLOUD !!
My Pleasure AMA ! Ink was barely dry on the first one!
Hello all - MMTE has accomplished much in the past twelve months.. here's a recap all to enjoy...
MMTE TIMELINE UPDATE 7.9.10 THRU 7.13.11
07/09/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Memorandum of Understanding with Salt Gold Inter Chile Limitada, of Chile, regarding its high concentration lithium concessions.
Salt Gold Inter Chile Limitada lithium concessions are found in the North West region of Chile in the heart of the Lithium belt stretching across Bolivia, Chile and Argentina.
"To date surface sampling has been completed over almost all the entire concession," commented Mr. William Lieberman, President of Mammoth Energy Group. "We expect to announce our developments in the immediate future and look forward to the analytical results."
Mammoth Energy Group Signs First Letter of Intent to Acquire Lithium Concessions of Salt Gold Inter Chile Limitata of Chile
Mammoth Energy Group to Acquire 49% of Chilean Lithium Concessions at Salar de Maricunga
07/30/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Letter of Intent to acquire forty-nine percent (49%) of the outstanding stake of Salt Gold Inter Chile Limitata's concessions in the Salar de Maricunga located in the Atacama desert near Copiapo, Chile.
"We are very pleased to be making this first of many announcements on the official signing of the Letter of intent to acquire Salt Gold Inter Chile's lithium concessions," announced William Lieberman, President of Mammoth Energy Group. "This is the first of many strategic moves for Mammoth Energy Group," he added.
Salt Gold Inter Chile Limitata lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium.
"Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD," said William Lieberman.
08/17/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Memorandum of Understanding with Salt Gold Inter Chile Limitada, of Chile, to acquire the remaining 51% of the project.
Mammoth Energy Group Inc. has already signed a Letter of Intent to acquire the first forty-nine percent (49%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama Desert near Copiapo, Chile.
Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium. Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD.
Mammoth Energy Group to Acquire Remaining 51% of Chilean Lithium Concessions at Salar de Maricunga
Sep. 1, 2010 (Marketwire) --
Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Letter of Intent to acquire fifty-one (51%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama desert near Copiapo, Chile.
"We are very pleased to be finalizing our intentions with Salt Gold Inter Chile Limitada on the official signing of the Letter of intent to acquire Salt Gold Inter Chile's lithium concessions," announced William Lieberman, President of Mammoth Energy Group.
Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium.
"Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD," said William Lieberman.
Mammoth Energy Group to Initaite Chilean Subsidiary
Alternative Energy Mining Company Currently Under Negotiation With Seven Other Lithium Developments
11/18/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) a lithium and alternative energy mining company with concessions located near Copiapo, Chile, announced today that it is in the process of creating a Chilean subsidiary to handle its lithium developments.
The company expects that this subsidiary will formalize its agreements imminently. The new company once finalized will be named LithiumInvestments S.A.
"This is the next step for us as we move into 2011 and as we begin to initiate the development of lithium," said William Lieberman
Mammoth has signed a Letter of Intent with Salt Gold Inter Chile Limitada whose concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium. Mammoth is currently under negotiation with seven other lithium developments whose total acreage may exceed 15,000 hectares.
Mammoth Energy Group Under Final Negotiations
Alternative Energy Mining Firm in Final Due Diligence in Chile
12/08/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that it is in the final stages of negotiations for lithium concessions in Chile. The firm is currently working with its Chilean lawyers to finalize the formation of its Chilean subsidiary and in completing final due diligence on all properties under negotiation.
Mammoth has signed a Letter of Intent with Salt Gold Inter Chile Limitada whose concessions are located in the Salar de Maricunga. The company is currently speaking with five other local Chilean and Canadian companies to acquire mining rights and concessions. The company expects its entire lithium package once complete will total acreage of approximately 12,500 hectares or close to 31,000 acres. The value of acres in Chile has been estimated to be $10,000 to $30,000 depending on lithium concentration levels.
Mammoth Chief Executive Officer William Lieberman stated, "It's been a long and tiring process over the last eight months, but 2011 will establish Mammoth Energy Group as a leading Lithium
miner with significant concessions finalized in Chile. We appreciate the patience and time that our shareholders have given us throughout the year. Terms of the deal will be announced in the immediate future."
03/11/11 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) (www.mammothenergygroup.com), a lithium and alternative energy mining company, announced today that it is actively seeking investment and public relations companies for the financing for its lithium concessions in Chile.
The company is in final stages of negotiations and intends to announce acquisitions of its Chilean concessions by the end of the first quarter with quick plans to up list to the OTC-BB market.
Mammoth Energy Group (www.mammothenergygroup.com) has signed a Letter of Intent with Salt Gold Inter Chile Limitada, whose concessions are located in the Salar de Maricunga. The company expects its entire lithium package once complete will total acreage of approximately 12,500 hectares or close to 31,000 acres.
NEW YORK, April 27, 2011 /PRNewswire/ -- Mammoth Energy Group Inc. (PINK: MMTE), a lithium and alternative energy mining company, announced today that it intends to increase its investment and intends to acquire a total of 3500 Hectares or approximately 8645 acres in the Salar de Maricunga located near Copiapo, Chile.
"Once the Salar de Maricunga, our first acquisition, is completed we will focus on the roll out of additional acquisitions across Chile and Argentina that we have been working on for sometime," announced William Lieberman, President of Mammoth Energy Group.
The company is currently working with Philippi, Yrarrazaval, Pulido & Brunner, a leading Chilean mining firm who is completing the due diligence and the final transaction documents on this initial transaction.
Mr. Lieberman added, "Working overseas or in any foreign country can sometimes have its challenges and we have always been focused on building shareholder value over the long run and will continue to do so."
The acquisition, once completed, will have 43-101 compliant lithium values of 1000 mg/l. The Salar de Maricunga is a world class lithium asset with similar lithium values as the Salar de Atacama, which is currently mined by Sociedad Quimica y Minera S.A.
NEW YORK, May 10, 2011 /PRNewswire/ -- Mammoth Energy Group Inc. (PINK: MMTE) a lithium and alternative energy mining company announced today that it is continuing its time frame for raising capital.
The company is finishing the completion of its new subsidiary Compania Lithium Investments S.A. of Chile which it will use to acquire Lithium assets located throughout the country.
June 13 , 2011
Completion of Acquisition or Disposition of Assets, Including but not Limited to Mergers.
Mammoth Energy Group Inc. (PINK: MMTE) a lithium and alternative energy mining company
announced today that it acquired Compania Lithium Investments Limitada in an exchange of
125,000,000 shares of restricted common stock for 99.9% of Compania Lithium Investments Limitada.
Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining
assets in Chile on behalf of Mammoth Energy Group Inc. Compania Lithium Investments Limitada of
Chile has acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the
southern section of the Salar de Maricunga basin located in the province of Copiapo, Chile. The company
completed this acquisition on May 23, 2011.
Mammoth Energy Group, Inc. will operate this acquisition as majority owned subsidiary. This acquisition
is a related party transaction since Mammoth has acquired its majority stake in the acquisition from
William Lieberman, CEO of Mammoth. Mr. Lieberman exchanged all of his 99.9% ownership to the
Company.
Mammoth Energy Group Inc. acquired Compania Lithium Investments Limitada in an exchange of
125,000,000 shares of restricted common stock for 99.9% of Compania Lithium Investments Limitada.
s/William Lieberman
__________________
President, Director
Mammoth Energy Group Acquires Chilean Lithium Assets
May 26, 2011 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary Compania Lithium Investments Limitada of Chile has acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the southern section of the Salar de Maricunga basin located in the province of Copiapo, Chile.
Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining assets in Chile on behalf of Mammoth Energy Group Inc.
Mammoth Energy Group Signs Letter of Intent to Acquire Additional Lithium Assets
May 31, 2011 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary, Compania Lithium Investments Limitada of Chile, has signed a Letter of Intent to acquire seven concessions for a total of 4695 acres (1900 hectares) of lithium concessions located in the Salar de Pujsa.
"The Salar de Pujsa is located in the north east corner of Chile, close to the borders of both Boliva and Argentina, approximately thirty-five miles away from the Salar de Atacama, one of the largest mined lithium reserves in Chile," said William Lieberman, President of Mammoth Energy Group. He added, "The Salar de Pujsa has similar geology to the Salar de Atacama where lithium concentrations average between 500 to 750 ppm lithium and 9000-10000 ppm for potassium and is the largest lithium brine mined in the world."
Mammoth Energy Group Continues to Acquire Chilean Lithium Assets
Jun 03, 2011 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary Compania Lithium Investments Limitada of Chile has signed a Letter of Intent to acquire six concessions for a total of 2471 acres (1000 hectares) of lithium concessions located in the Salar de laco in northeast Chile.
"The Salar de laco is approximately 10 miles from the border of Argentina and approximately fifty miles away from the Salar de Atacama, Chile's largest mined lithium reserve," said William Lieberman, President of Mammoth Energy Group. He added, "With the Salar de laco and Salar de Pujsa LOI's currently in place, we are continuing our acquisition hunt to become one of the largest international holders of Lithium concessions in Chile."
Jun 28, 2011 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary Compania Lithium Investments Limitada of Chile has acquired seven concessions for a total of 4695 acres (1900 hectares) of lithium concessions located in the Salar de Pujsa. With this additional acquisition Mammoth Energy Group has acquired more than thirteen thousand (13,000) acres of salar exploration rights in Chile.
Mammoth Energy Group's Compania Lithium Investments Limitada has already acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the southern section of the Salar de Maricunga basin located in the province of Copiapo, Chile. The company is currently in acquisition mode and Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining assets in Chile on behalf of Mammoth Energy Group Inc.
Mammoth Energy Group Continues Acquisition Hunt
Jun 30, 2011 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) (www.mammothenergygroup.com), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary Compania Lithium Investments Limitada of Chile has acquired another six concessions for a total of 2471 acres (1000 hectares) of lithium concessions located in the Salar de Laco. With this additional acquisition Mammoth Energy Group has acquired more than fifteen thousand (15,000) acres of salar exploration rights in Chile.
Mammoth Energy Group's Compania Lithium Investments Limitada has already acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the southern section of the Salar de Maricunga basin located in the province of Copiapo, Chile. In addition the company has acquired seven concessions for a total of 4695 acres (1900 hectares) of lithium concessions located in the Salar de Pujsa. The company is currently in acquisition mode and Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining assets in Chile on behalf of Mammoth Energy Group Inc.
Mammoth Energy Group to Create Non Executive Advisory Board
Jul 13, 2011 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) a lithium and alternative energy mining company announced today that it is creating a non executive advisory board for strategic consulting to the company. The board will be comprised of an international mix of advisors focused on the strategic development of the company and potential joint partners.
Mammoth Energy Group's wholly owned subsidiary Compania Lithium Investments Limitada of Chile has acquired more than thirteen thousand (13,000) acres of salar exploration rights in Chile.
The company is currently in acquisition mode and Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining assets in Chile on behalf of Mammoth Energy Group Inc. The company expects to complete additional acquisitions throughout the third quarter.
Mammoth Energy Group Completes Another Acquistion
NEW YORK, NY, Jul 26, 2011 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary Compania Lithium Investments Limitada of Chile has acquired six concessions for a total of 2471 acres (1000 hectares) of lithium concessions located in the Salar del Laco in north east Chile.
Mammoth Energy Group's Compania Lithium Investments Limitada has already acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the southern section of the Salar de Maricunga, seven concessions for a total of 4695 acres (1900 hectares) in the Salar de Pujsa, and now with the 2471 acres (1000 hectares) in the Salar del Laco for a total of just under 16,000 combined acres throughout Chile. The company is currently in acquisition mode and Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining assets in Chile on behalf of Mammoth Energy Group Inc.
Hello all - MMTE has accomplished much in the past twelve months.. here's a recap all to enjoy...
MMTE TIMELINE UPDATE 7.9.10 THRU 7.13.11
07/09/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Memorandum of Understanding with Salt Gold Inter Chile Limitada, of Chile, regarding its high concentration lithium concessions.
Salt Gold Inter Chile Limitada lithium concessions are found in the North West region of Chile in the heart of the Lithium belt stretching across Bolivia, Chile and Argentina.
"To date surface sampling has been completed over almost all the entire concession," commented Mr. William Lieberman, President of Mammoth Energy Group. "We expect to announce our developments in the immediate future and look forward to the analytical results."
Mammoth Energy Group Signs First Letter of Intent to Acquire Lithium Concessions of Salt Gold Inter Chile Limitata of Chile
Mammoth Energy Group to Acquire 49% of Chilean Lithium Concessions at Salar de Maricunga
07/30/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Letter of Intent to acquire forty-nine percent (49%) of the outstanding stake of Salt Gold Inter Chile Limitata's concessions in the Salar de Maricunga located in the Atacama desert near Copiapo, Chile.
"We are very pleased to be making this first of many announcements on the official signing of the Letter of intent to acquire Salt Gold Inter Chile's lithium concessions," announced William Lieberman, President of Mammoth Energy Group. "This is the first of many strategic moves for Mammoth Energy Group," he added.
Salt Gold Inter Chile Limitata lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium.
"Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD," said William Lieberman.
08/17/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Memorandum of Understanding with Salt Gold Inter Chile Limitada, of Chile, to acquire the remaining 51% of the project.
Mammoth Energy Group Inc. has already signed a Letter of Intent to acquire the first forty-nine percent (49%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama Desert near Copiapo, Chile.
Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium. Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD.
Mammoth Energy Group to Acquire Remaining 51% of Chilean Lithium Concessions at Salar de Maricunga
Sep. 1, 2010 (Marketwire) --
Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Letter of Intent to acquire fifty-one (51%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama desert near Copiapo, Chile.
"We are very pleased to be finalizing our intentions with Salt Gold Inter Chile Limitada on the official signing of the Letter of intent to acquire Salt Gold Inter Chile's lithium concessions," announced William Lieberman, President of Mammoth Energy Group.
Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium.
"Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD," said William Lieberman.
Mammoth Energy Group to Initaite Chilean Subsidiary
Alternative Energy Mining Company Currently Under Negotiation With Seven Other Lithium Developments
11/18/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) a lithium and alternative energy mining company with concessions located near Copiapo, Chile, announced today that it is in the process of creating a Chilean subsidiary to handle its lithium developments.
The company expects that this subsidiary will formalize its agreements imminently. The new company once finalized will be named LithiumInvestments S.A.
"This is the next step for us as we move into 2011 and as we begin to initiate the development of lithium," said William Lieberman
Mammoth has signed a Letter of Intent with Salt Gold Inter Chile Limitada whose concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium. Mammoth is currently under negotiation with seven other lithium developments whose total acreage may exceed 15,000 hectares.
Mammoth Energy Group Under Final Negotiations
Alternative Energy Mining Firm in Final Due Diligence in Chile
12/08/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that it is in the final stages of negotiations for lithium concessions in Chile. The firm is currently working with its Chilean lawyers to finalize the formation of its Chilean subsidiary and in completing final due diligence on all properties under negotiation.
Mammoth has signed a Letter of Intent with Salt Gold Inter Chile Limitada whose concessions are located in the Salar de Maricunga. The company is currently speaking with five other local Chilean and Canadian companies to acquire mining rights and concessions. The company expects its entire lithium package once complete will total acreage of approximately 12,500 hectares or close to 31,000 acres. The value of acres in Chile has been estimated to be $10,000 to $30,000 depending on lithium concentration levels.
Mammoth Chief Executive Officer William Lieberman stated, "It's been a long and tiring process over the last eight months, but 2011 will establish Mammoth Energy Group as a leading Lithium
miner with significant concessions finalized in Chile. We appreciate the patience and time that our shareholders have given us throughout the year. Terms of the deal will be announced in the immediate future."
03/11/11 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) (www.mammothenergygroup.com), a lithium and alternative energy mining company, announced today that it is actively seeking investment and public relations companies for the financing for its lithium concessions in Chile.
The company is in final stages of negotiations and intends to announce acquisitions of its Chilean concessions by the end of the first quarter with quick plans to up list to the OTC-BB market.
Mammoth Energy Group (www.mammothenergygroup.com) has signed a Letter of Intent with Salt Gold Inter Chile Limitada, whose concessions are located in the Salar de Maricunga. The company expects its entire lithium package once complete will total acreage of approximately 12,500 hectares or close to 31,000 acres.
NEW YORK, April 27, 2011 /PRNewswire/ -- Mammoth Energy Group Inc. (PINK: MMTE), a lithium and alternative energy mining company, announced today that it intends to increase its investment and intends to acquire a total of 3500 Hectares or approximately 8645 acres in the Salar de Maricunga located near Copiapo, Chile.
"Once the Salar de Maricunga, our first acquisition, is completed we will focus on the roll out of additional acquisitions across Chile and Argentina that we have been working on for sometime," announced William Lieberman, President of Mammoth Energy Group.
The company is currently working with Philippi, Yrarrazaval, Pulido & Brunner, a leading Chilean mining firm who is completing the due diligence and the final transaction documents on this initial transaction.
Mr. Lieberman added, "Working overseas or in any foreign country can sometimes have its challenges and we have always been focused on building shareholder value over the long run and will continue to do so."
The acquisition, once completed, will have 43-101 compliant lithium values of 1000 mg/l. The Salar de Maricunga is a world class lithium asset with similar lithium values as the Salar de Atacama, which is currently mined by Sociedad Quimica y Minera S.A.
NEW YORK, May 10, 2011 /PRNewswire/ -- Mammoth Energy Group Inc. (PINK: MMTE) a lithium and alternative energy mining company announced today that it is continuing its time frame for raising capital.
The company is finishing the completion of its new subsidiary Compania Lithium Investments S.A. of Chile which it will use to acquire Lithium assets located throughout the country.
June 13 , 2011
Completion of Acquisition or Disposition of Assets, Including but not Limited to Mergers.
Mammoth Energy Group Inc. (PINK: MMTE) a lithium and alternative energy mining company
announced today that it acquired Compania Lithium Investments Limitada in an exchange of
125,000,000 shares of restricted common stock for 99.9% of Compania Lithium Investments Limitada.
Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining
assets in Chile on behalf of Mammoth Energy Group Inc. Compania Lithium Investments Limitada of
Chile has acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the
southern section of the Salar de Maricunga basin located in the province of Copiapo, Chile. The company
completed this acquisition on May 23, 2011.
Mammoth Energy Group, Inc. will operate this acquisition as majority owned subsidiary. This acquisition
is a related party transaction since Mammoth has acquired its majority stake in the acquisition from
William Lieberman, CEO of Mammoth. Mr. Lieberman exchanged all of his 99.9% ownership to the
Company.
Mammoth Energy Group Inc. acquired Compania Lithium Investments Limitada in an exchange of
125,000,000 shares of restricted common stock for 99.9% of Compania Lithium Investments Limitada.
s/William Lieberman
__________________
President, Director
Mammoth Energy Group Acquires Chilean Lithium Assets
May 26, 2011 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary Compania Lithium Investments Limitada of Chile has acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the southern section of the Salar de Maricunga basin located in the province of Copiapo, Chile.
Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining assets in Chile on behalf of Mammoth Energy Group Inc.
Mammoth Energy Group Signs Letter of Intent to Acquire Additional Lithium Assets
May 31, 2011 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary, Compania Lithium Investments Limitada of Chile, has signed a Letter of Intent to acquire seven concessions for a total of 4695 acres (1900 hectares) of lithium concessions located in the Salar de Pujsa.
"The Salar de Pujsa is located in the north east corner of Chile, close to the borders of both Boliva and Argentina, approximately thirty-five miles away from the Salar de Atacama, one of the largest mined lithium reserves in Chile," said William Lieberman, President of Mammoth Energy Group. He added, "The Salar de Pujsa has similar geology to the Salar de Atacama where lithium concentrations average between 500 to 750 ppm lithium and 9000-10000 ppm for potassium and is the largest lithium brine mined in the world."
Mammoth Energy Group Continues to Acquire Chilean Lithium Assets
Jun 03, 2011 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary Compania Lithium Investments Limitada of Chile has signed a Letter of Intent to acquire six concessions for a total of 2471 acres (1000 hectares) of lithium concessions located in the Salar de laco in northeast Chile.
"The Salar de laco is approximately 10 miles from the border of Argentina and approximately fifty miles away from the Salar de Atacama, Chile's largest mined lithium reserve," said William Lieberman, President of Mammoth Energy Group. He added, "With the Salar de laco and Salar de Pujsa LOI's currently in place, we are continuing our acquisition hunt to become one of the largest international holders of Lithium concessions in Chile."
Jun 28, 2011 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary Compania Lithium Investments Limitada of Chile has acquired seven concessions for a total of 4695 acres (1900 hectares) of lithium concessions located in the Salar de Pujsa. With this additional acquisition Mammoth Energy Group has acquired more than thirteen thousand (13,000) acres of salar exploration rights in Chile.
Mammoth Energy Group's Compania Lithium Investments Limitada has already acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the southern section of the Salar de Maricunga basin located in the province of Copiapo, Chile. The company is currently in acquisition mode and Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining assets in Chile on behalf of Mammoth Energy Group Inc.
Mammoth Energy Group Continues Acquisition Hunt
Jun 30, 2011 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) (www.mammothenergygroup.com), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary Compania Lithium Investments Limitada of Chile has acquired another six concessions for a total of 2471 acres (1000 hectares) of lithium concessions located in the Salar de Laco. With this additional acquisition Mammoth Energy Group has acquired more than fifteen thousand (15,000) acres of salar exploration rights in Chile.
Mammoth Energy Group's Compania Lithium Investments Limitada has already acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the southern section of the Salar de Maricunga basin located in the province of Copiapo, Chile. In addition the company has acquired seven concessions for a total of 4695 acres (1900 hectares) of lithium concessions located in the Salar de Pujsa. The company is currently in acquisition mode and Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining assets in Chile on behalf of Mammoth Energy Group Inc.
Mammoth Energy Group to Create Non Executive Advisory Board
Jul 13, 2011 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) a lithium and alternative energy mining company announced today that it is creating a non executive advisory board for strategic consulting to the company. The board will be comprised of an international mix of advisors focused on the strategic development of the company and potential joint partners.
Mammoth Energy Group's wholly owned subsidiary Compania Lithium Investments Limitada of Chile has acquired more than thirteen thousand (13,000) acres of salar exploration rights in Chile.
The company is currently in acquisition mode and Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining assets in Chile on behalf of Mammoth Energy Group Inc. The company expects to complete additional acquisitions throughout the third quarter.
Hi Unflushable, I did too - it says they are thinking in a very expansive way. But I don't know what the details are yet - I haven't asked but once I hear will certainly let you know.
Thankfully we held our own today... (not that I call 11's good friends.. I'm just saying .... ;) )
I don't believe so Phrozt, I could be entirely wrong but I think their purpose would be more in the area of geographic areas to explore, pricing, cartel?, world outlook, need., that sort of thing. Just my opinion.
HI Phrozt., I would guess we'll have all that once the whole package is a done deal, and we have the International Board, etc ., etc. Things will get bigger and better.
I'd have to disagree with that AMA... I get more updates here the from the PR's (almost on a monthly basis) and calls I make to the home office than I see/do in many other stocks. However, no one likes the low volume and selling we've seen for weeks now.. we're down to half the investors we had back in April. But no worries, we all know what's coming. It will turn around shortly - just as the sun will come up in the morning. Bought more this am !
Steady as she goes people. We all know the stock market is expected to do poorly today due to the crisis in Washington. Keep in mind not one thing has stopped the continued forward moving process of the actions William is taking for acquiring land, seeking a JV suitable partner, and up-listing.
There is much foot-work being done by William and that will come to fruition. Those are facts., not speculation, just the facts.
Thank you X... very much appreciated.
There will be no challenging of a personal nature on this board. This will be considered a personal attack. Feel free to PM that sort of thing if you must. The focus of this board will be factual and respectful. I will add that 'off topic' will also be removed. The investors and perspective owners will see a uncluttered board. Review the post for 'off topic' definition if in doubt. Thank you,
Dii
Thanks Munz!!! I'm thrilled to be here..and thrilled for MMTE and where we're going!! .. I think you where the first person I PM'd here many months ago !! As you know we are going to be huge... and I don't know any other CEO that is working harder than William.. and great things on the horizon...one step in front of the other and we'll get there. GO MMTE !!! Dii
Good Evening Everyone ! - thanks for the well wishes. There is much to learn about the position so bear with me folks. Please do not hesitate one bit to PM with any questions or comments pro or con.
The focus of the board will be respectful and factual information and communication. It's important to gain credit as a knowledgeable source of information for existing and new investors. This is where our strength lies. We have a fantastic group of researchers, technical analysts, and knowledgeable investors - I welcome everyone to share their talents here.
We do have rules to follow so let me post them now. I know you are all familiar and I wish to show you what they are ask that you follow them. We need facts for both our positive and negative posts. Also where you find your info is a help as well., Giving links and resources is valuable to establish the credibilty of your statement. We are all here for the same reason and that is to see the stock succeed. I am looking forward to great days ahead for the future of MMTE and all investors here!
Please make sure your posts are ON-TOPIC and relevant and DO NOT attack any posters.
Personal Attack – when someone attacks one or more members personally rather than the content of that Member's message. The post does not have to be addressed to the "target" of the attack to be considered a Personal Attack. If it attacks a messenger rather than the message, it qualifies for deletion and it is expected that Moderators will remove it.
Spam
Posting the same or similar content to more than two (2) boards within a calendar day;
Posting the same or almost identical post more than twice within a calendar day i.e. "where's the PR?", "anyone seen the PR?", "thought there was going to be a pr today?", "geez, is the pr coming out today or not?";
Sending the same or similar unsolicited PM to multiple recipients
Posting content that is off-topic to the subject of a board;
Posting statements that do not add value to the discussion (i.e. simply "LOL" or "Yes");
Posting excessively on one or more message board(s). If you feel someone is abusing their posting privilege in this manner, please discuss this with a Site Admin prior to removing any posts.
Spam that overlaps off-topic (see below) are posts containing content promoting other sites, stock-related or not, that has no use in the discussion (for example, if your board is about Ford Motor Company, a post or link about a home improvement company is not relevant to the discussion); and posting the same "noise" posts i.e. "to da moon" or "this stock is a POS" continuously without other relevant content. This does not mean that if someone asked about dilution yesterday, a similar post today is considered spam.
Off Topic
Posts not about the topic of the board including other stocks or companies.
Posts about or focusing on other Members or groups of people and their reasons for posting on the board (i.e. "XYZDownDaDrain" is just a basher, ignore him", "XYZToDaMoon" is a pumper", "the naysayers are very loud today", "c'mon, where did all the cheerleaders go?"). The post does not have to be addressed to a specific person. If the post is about other Users then it should be removed.
Posts with religious or political statements should be removed as "off topic". These inevitably create an avalanche of replies that are off topic as well.
Posts about Moderators and/or deletions are also "off topic". Issues of this nature need to be discussed with a Site Admin.
Putting "ot" at the beginning of a post does not make it acceptable. It is still off topic and eligible for removal.
Vulgarity – profanity of any kind is unacceptable on the stock boards, even when punctuation characters are used to "fill in the blanks" or letters are changed (f**k, azzh*le, etc.). The PG13 rule is loosely used as a guideline to what is/isn't acceptable. The theory is that if society has deemed it appropriate for a 13 year old to hear, it is unlikely that it will be offensive to the majority of Users. Any form of vulgarity directed at another User is unacceptable and should be removed (i.e. "you're a sh*thead", "being an a** doesn't help your case").
Author Asked to Remove – when a Member has specifically asked that a post be removed and has cited a valid reason for removal, such as accidentally revealing personal information. This is an occasional accommodation and is not to be used to "mask" the removal of bona fide TOS violations. If you are asked as a Moderator to remove more than 2 messages as Author Request, please send the User to discuss with Admin.
Violation of Privacy – posting of what the member believes to be any personally identifiable information (email, real name, phone, address, etc.) about another User or posting the contents of a private message. For example, if a Member posts that "XYZDownDaDrain is actually Bob Smith", whether the information is accurate is a moot point. The Member was trying to disclose personal information. Posting or referring to the contents of private messages without the author's prior consent is considered a violation of privacy and can get you suspended or terminated from the site.
Threat – a Member threatening any other Member in any fashion and threats of violence or physical harm against anyone.
I wish to thank you too Risk for all of your hard work and effort here and you know it goes without saying you are always welcome and we would like you to check in on us., you've been with MMTE for many moons and I'm certain you want nothing more than for MMTE to succeed. I wish you all the best. Please stay well.
Di
Keeping it real D thank you.