Imagine Lithium Closes a Private Placement to Raise $9.1 Million
Vancouver, British Columbia--(Newsfile Corp. - April 28, 2023) - IMAGINE LITHIUM INC. (TSXV: ILI) (OTCQB: ARXRF) (the "Company" or "Imagine") is pleased to announce that, further to its news release dated April 6, 2023, it has closed a non-brokered private placement of 48.82 million flow-through shares (the "FT Shares") at a price of $0.1725 per share for gross proceeds of $8,421,450. This represents a 92% premium over the previous closing price of the Company's common shares on the TSX...
2023-04-28 10:51 AM EDT
Imagine Lithium Announces a Private Placement to Raise $9.1 Million
Vancouver, British Columbia--(Newsfile Corp. - April 6, 2023) - IMAGINE LITHIUM INC. (TSXV: ILI) (OTCQB: ARXRF) (the "Company" or "Imagine") is pleased to announce a non-brokered private placement of 48.82 million flow-through shares (the "FT Shares") at a price of $0.1725 per share for gross proceeds of $8,421,450. This represents a premium of 73% over the previous closing price of the Company's common shares on the TSX Venture Exchange. In addition, the Company will complete a private...
2023-04-06 7:56 AM EDT
Imagine Lithium Drills Best Intercept to Date at Jackpot 25.46 m Grading 1.21% Li2O, including 10.0 m Grading 1.88% Li2O
Vancouver, British Columbia--(Newsfile Corp. - February 15, 2023) - IMAGINE LITHIUM INC. (TSXV: ILI) (OTCQB: ARXRF) (the "Company" or "Imagine") is pleased to announce significant assay results from its 2022 drill program at the Jackpot lithium project located within the rapidly emerging lithium camp in the Georgia Lake Area, approximately 140 km north-east of Thunder Bay, Ontario (see Figure 1).The 2022 drill program has almost doubled the mineralized lithium zone by 400 metres along strike...
2023-02-15 6:30 AM EST
Imagine Lithium Produces 6% Li2O Concentrate with Low Iron Content From Metallurgical Testing at Jackpot
Vancouver, British Columbia--(Newsfile Corp. - February 9, 2023) - IMAGINE LITHIUM INC. (TSXV: ILI) (OTCQB: ARXRF) (the "Company" or "Imagine") is pleased to announce positive preliminary results from metallurgical testing at it's Jackpot Lithium Project, for which the highlights are presented below:A surface composite sample of approximately 200 kg was provided from the Jackpot main zone and shipped to an independent laboratory in Canada.The Main spodumene-bearing composite sample contained...
2023-02-09 7:00 AM EST
Imagine Lithium Makes New Lithium Discovery Near Jackpot Lithium Main Zone
Vancouver, British Columbia--(Newsfile Corp. - January 26, 2023) - IMAGINE LITHIUM INC. (TSXV: ILI) (OTCQB: ARXRF) (the "Company" or "Imagine") is pleased to announce that its 2022 prospecting program has identified a new drilling target located approximately 1.6 km to the northwest of the Jackpot Main Zone. Grab samples from this area have identified at least one mineralized spodumene-bearing granitic pegmatite over a strike length of approximately 500 m. Samples collected from the pegmatite...
2023-01-26 7:00 AM EST
Imagine Lithium Reports up to 2.88% Li2O from Channel Samples 1 km Southwest of Jackpot Main Zone
Vancouver, British Columbia--(Newsfile Corp. - November 29, 2022) - IMAGINE LITHIUM INC. (TSXV: ILI) (OTCQB: ARXRF) (the "Company" or "Imagine") is pleased to announce assay results from channel samples collected as part of its prospecting program on the Jackpot lithium property located in the Georgia Lake Area about 140 km NNE of Thunder Bay, Ontario. The channel samples were collected in an area approximately 1 km southwest of the Jackpot Main Zone where analyzed grab samples provided...
2022-11-29 7:00 AM EST
Imagine Lithium Hires SGS Lakefield for Metallurgy Testing on Jackpot Lithium Property and Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2022) - IMAGINE LITHIUM INC. (TSXV: ILI) (OTCQB: ARXRF) (the "Company" or "Imagine") has entered into a contractual agreement with SGS Natural Resources in Lakefield, ON to carry out metallurgical testing on lithium ore from the Jackpot Lithium project. This is a necessary step in the sales process of lithium products including: direct shipping ore, lithium concentrate, lithium carbonate and lithium hydroxide monohydrate. Sample...
2022-11-14 7:00 AM EST
Imagine Lithium Intercepts 21 m Grading 1.16% Li2O at Jackpot
Vancouver, British Columbia--(Newsfile Corp. - October 19, 2022) - IMAGINE LITHIUM INC. (TSXV: ILI) (OTCQB: ARXRF) (the "Company" or "Imagine") is pleased to announce assay results from its ongoing drill program at the Jackpot lithium project. The drill program is designed to test targets along strike both to the east and west of the Jackpot lithium project located in the Georgia Lake Area about 140 km NNE of Thunder Bay, Ontario (see Figure 1). All of today's reported results...
2022-10-19 7:00 AM EDT
Imagine Lithium Reports High Grade Li20 in Grab Samples Taken from Newly Identified 3 km Trend of Lithium-Bearing Pegmatites at Jackpot
Vancouver, British Columbia--(Newsfile Corp. - September 7, 2022) - IMAGINE LITHIUM INC. (TSXV: ILI) (OTCQB: ARXRF) (the "Company" or "Imagine") is pleased to announce assay results from its ongoing prospecting program on the Jackpot lithium property located in the Georgia Lake Area about 140 km NNE of Thunder Bay, Ontario. Based on the summer prospecting program, Imagine Lithium has identified a 3 km trend of sub-parallel spodumene-bearing pegmatite dikes that extends to the east and west of...
2022-09-07 7:00 AM EDT
Imagine Lithium Expands Lithium Zone at Jackpot Project By 400 m and Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - August 17, 2022) - IMAGINE LITHIUM INC. (TSXV: ILI) (OTCQB: ARXRF) is (the "Company" or "Imagine") pleased to announce assay results from its ongoing drill program. The drill program is designed to test targets along strike both to the east and west of the Jackpot lithium project located in the Georgia Lake Area about 140 km NNE of Thunder Bay, Ontario. This first phase of the program expanded the mineralized lithium zone at least 400 metres to...
2022-08-17 7:00 AM EDT
Imagine Lithium Completes Sale of Red Lake Properties
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2022) - IMAGINE LITHIUM INC. (TSXV: ILI) (OTCQB: ARXRF) (the "Company" or "Imagine") announced today that it has completed the sale of all of its holdings in the Red Lake area to Trillium Gold Mines Inc. ("Trillium") (TSXV: TGM), and Pegasus Resources Inc. ("Pegasus") (TSXV: PEGA).Further to the news releases dated April 27, 2022 and December 15, 2021, Trillium and Imagine have closed the Definitive Agreement (the "Definitive Agreement")...
2022-06-22 7:00 AM EDT
Imagine Lithium Reports Multiple Results from Jackpot Lithium Project Including 8 m of 1.28% Li2O
Vancouver, British Columbia--(Newsfile Corp. - May 11, 2022) - Imagine Lithium Inc. (TSXV: ILI) (OTCQB: ARXRF) (the "Company" or "Imagine") is pleased to announce assay results from previously unsampled core that were drilled in 2018. The drillholes tested lithium-bearing granitic pegmatite dikes within the main dike swarm of the Jackpot project. Results include 8 m grading 1.28% lithium oxide (Li2O) (Hole J-18-M-04) and 8.8 m grading 1.02% Li2O (Hole J-18-M-03). See Table 1 below for...
2022-05-11 7:00 AM EDT
Imagine Lithium Sells Its Interests in Red Lake
Vancouver, British Columbia--(Newsfile Corp. - April 27, 2022) - IMAGINE LITHIUM INC. (TSXV: ILI) (OTCQB: ARXRF) (the "Company" or "Imagine") announced today that it has signed amended agreements to divest of all of its holdings in the Red Lake area to Trillium Gold Mines Inc. (TSXV: TGM) ("Trillium"), and Pegasus Resources Inc. ("Pegasus").Further to its news release dated December 15, 2021, Trillium and Imagine have signed an amended Definitive Agreement (the "Definitive Agreement") whereby...
2022-04-27 7:06 AM EDT
Imagine Lithium Signs Exploration Agreement with First Nations and Expands Land Package at Jackpot Lithium Project
Vancouver, British Columbia--(Newsfile Corp. - March 21, 2022) - IMAGINE LITHIUM (TSXV: ILI) (OTCQB: ARXRF) ("ILI" or the "Company") is pleased to announce that it has signed a field exploration agreement (the "Agreement") with Bingwi Neyaashi Anishinaabek, Biinjitiwaabik Zaaging Anishinaabek and Red Rock Indian Band (the "First Nations Groups") setting out a framework for Imagine Lithium's consultation and accommodation activities with the First Nations Groups in connection with exploration...
2022-03-21 7:00 AM EDT
Imagine Lithium Launches New Brand and Appoints Chief Financial Officer
Vancouver, British Columbia--(Newsfile Corp. - February 1, 2022) - INFINITE ORE CORP. (TSXV: ILI) (OTCQB: ARXRF) ("ILI" or the "Company") announces it will commence operations under the name Imagine Lithium Inc. ("Imagine Lithium"), effective today. The Company's common shares will trade on the TSX Venture Exchange under its existing ticker symbol "ILI".The brand, Imagine Lithium, reflects the Company's focus on lithium exploration in the safe, environmentally conscious mining jurisdiction of...
2022-02-01 7:00 AM EST
Infinite Ore to Change Name to Imagine Lithium Reflecting Focus on Lithium Exploration
Vancouver, British Columbia--(Newsfile Corp. - January 26, 2022) - Infinite Ore Corp. (TSXV: ILI) (OTCQB: ARXRF) ("ILI" or the "Company") announces that effective Tuesday, February 1, 2022, the Company's name will be changed to "Imagine Lithium Inc." to better reflect its focused business strategy.The Company's common shares will trade on the TSX Venture Exchange under its existing ticker symbol "ILI". There will be no changes to the Company's share structure. The company is currently...
2022-01-26 7:00 AM EST
Infinite Ore Announces Drilling Program at Jackpot Lithium Project
Vancouver, British Columbia--(Newsfile Corp. - January 17, 2022) - Infinite Ore Corp. (TSXV: ILI) (OTCQB:ARXRF) (the "Company" or "Infinite") is pleased to announce a 3,000 m drilling program on its Jackpot Lithium Project. The company has contracted Niigaani Drilling Incorporated who will begin the program in early February.J.C. St-Amour, President of Infinite Ore commented, "We are pleased to have secured a contract with Niigaani Drilling who have experience drilling lithium pegmatite dykes...
2022-01-17 7:24 AM EST
Infinite Ore Finds Additional Lithium Targets on Jackpot Project
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2021) - Infinite Ore Corp. (TSXV: ILI) (OTCQB: ARXRF) (the "Company" or "Infinite") is pleased to announce that recent channel sampling has identified at least three zones of interest containing spodumene-bearing granitic pegmatites with lithium values matching those of the historical resource area and that demonstrate the expansion potential of the Jackpot lithium project.Zone 1 is an extension of a previously drilled outcrop and...
2021-12-16 7:30 AM EST
Infinite Ore Signs Definitive Agreement to sell Interest in Eastern Vision Project in Red Lake
Vancouver, British Columbia--(Newsfile Corp. - December 15, 2021) - Infinite Ore Corp. (TSXV: ILI) (OTCQB: ARXRF) (the "Company" or "Infinite") announced today that, further to its news release dated July 19, 2021, it has signed a definitive agreement (the "Definitive Agreement") with Trillium Gold Mines Inc. (TSXV: TGM) ("Trillium") whereby Trillium will acquire all of Infinite's property holdings known as the Eastern Vision Project located in the Confederation Lake assemblage of the...
2021-12-15 7:00 AM EST
Infinite Ore Expands Jackpot Lithium Project
Vancouver, British Columbia--(Newsfile Corp. - December 13, 2021) - Infinite Ore Corp. (TSXV: ILI) (OTCQB: ARXRF) (the "Company") is pleased to announce that it has entered into an agreement (the "Purchase Agreement") with an arms length party increasing the Jackpot lithium project by acquiring a 100% interest in claims adjacent to those holding the historical resource of 2 million tons grading 1.09% Li2O. The newly acquired claims may hold the western extension of the pegmatite dykes that...
2021-12-13 7:00 AM EST