Sorry in advance for this likely ignorant question, but could someone with knowledge of what this means detail this news into some key points for me? Multiple answers would be great, so I can see what all think of this.. Good luck to you all.
That's right Rocky. To claim that this is not real or you need more proof is just nonsensical. This is all the proof I need. If anyone needs more proof than this they probably shouldn't be investing in the stock market at all imo. Short of flying down to Chile and making a photocopy, what else could you ask for?
I don't post much because im a bit busy with TY*N but im in Lurker Mode here and the board provides good info, i just wanted to re-post this valuable info with direct links, we have something very big in the works and what is shown in these 2 docs below PROVES it on both sides, we need to be patient, nothing happens overnight, this will be well rewarding IMO, " LITHIUM FEVER " :) also GJ Guys on the DD provided here.
> www.diarioficial.cl English Translated version site see bottom of the page for "Verification of documents Type the CVE" enter # 352933
No. 39 969 Thursday, May 26, 2011 E-115 Page 1 of 1 CORPORATIONS SECTION LIMITED LIABILITY COMPANY CONSTITUTIONS 352933 LITHIUM INVESTMENTS COMPANY LIMITED.
María Gloria Acharán Toledo, Notary of Santiago, Matias Cousino N ° 154, certify that: public deed before me today, William Lieberman and Juan Paulo Bambach Salvatore, both located in this city, Calle El Golf 40, piso 20, Las Condes, formed limited liability company name LITHIUM INVESTMENTS LIMITED COMPANY''.'' Subject: exploration and exploitation of mining concessions under any title owned or third parties, acquisition, sale, lease and hold promise or purchase options on mining concessions and mining rights and concessions or marketing of any mineral rights kind, whether proprietary or third party, as well as, any other activity related to the above and to agree on their partners. Address: Santiago, without branches or agencies that may settle in other parts of the country or abroad. Administration: The use of the name, administration and judicial and extrajudicial representation of society shall be the member William Lieberman, who shall act through one or more agents specially designated for that purpose. Capital: $ 1,000,000, which the partners bring in the following proportions:
a)William Lieberman, $ 999,000, a contribution that corresponds to approximately 99.9% of social rights, and b) Juan Paulo Bambach Salvatore, $ 1,000, which corresponds roughly to 0 , 1% of social rights. Partners limit their liability to their respective contributions. The member contributions are paid and entirely in social housing within one year from this date, according to the needs of society require it. Duration: 25 years from this date be extended in the manner indicated in writing. Other terms in writing excerpted. Santiago, May 16, 2011.
cve: 352933 This document has been signed electronically in accordance with the law 19,799.
Enter this code in www.diarioficial.cl / query to verify the validity of their signatures and document integrity
June 13 2011 News Filings Release = Supplemental Information - Completion of Acquisition
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 acquiredCompania 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 ofMammoth 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 Incacquired 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 Inc.