MondayMar 02, 2020 11:53 am

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Reaches New Production Milestone at Asphalt Ridge Facility

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an integrated oil ‎company focused on the development and implementation of its proprietary oil-‎extraction and remediation technologies, today announced that its ‎Asphalt Ridge facility located in Vernal, Utah, since re-commencement ‎on February 19, 2020, has produced approximately 1,900 barrels of oil thus achieving an average ‎daily production rate of over 300 bbls/day on a continuous basis. This comes after a scheduled ‎temporary maintenance shutdown in January 2020, during which the team made various adjustments and completed installation of critical ‎additional equipment. Valkor Engineering also used this time to run a testing ‎regimen on the…

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WednesdayFeb 05, 2020 12:22 pm

MiningNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (OTCQX: STLHF) (FRA: S5L) Increases Private Placement to $9M Based on Strong Interest

Standard Lithium (TSX.V: SLL) (OTCQX: STLHF) (FRA: S5L) on Tuesday announced that, owing to very strong interest, it will increase the size of its non-brokered private placement of special warrants (each, a “Special Warrant”) to accommodate the additional demand. According to the update, the Company now intends to offer up to 12,000,000 Special Warrants, each at a price of $0.75, for gross proceeds of up to $9,000,000. Standard Lithium intends to use net proceeds from the private placement to complete commissioning of its extraction demonstration plant in southern Arkansas, as well as to maintain existing property interests and for general…

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MondayDec 02, 2019 9:57 am

MiningNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Entering Commissioning Phase of its First-of-a-Kind Direct Lithium Extraction Demonstration Plant

Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF), an innovative technology and lithium development company, today announced successful installation of its industrial-scale Direct Lithium Extraction Demonstration Plant at Lanxess’ South Plant facility in southern Arkansas. According to the update, Standard Lithium’s project team has also installed the site office/control room, the lithium-specific analytical laboratory, and a steel-framed, all-weather structure that allows year-round operation. Standard Lithium’s 20+ person on-site project team will commence the commissioning phase once all utility/service connections, as well as brine and reagent supply and disposal lines are complete. “The commissioning of our industrial-scale pre-commercial plant will solidify…

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ThursdayNov 07, 2019 9:18 am

MiningNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) CEO to Participate in Two Upcoming Industry Conferences

Lithium-focused exploration company Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) this morning announced that the company’s CEO Robert Mintak will be providing a presentation and taking part in a panel discussion at industry conferences this month. Mintak will be presenting at the Benchmark Minerals Cathodes 2019 Conference at 5:00 PM PT on November 13 at the Ritz Carlton in Marina del Rey, California. On November 15, Mintak will take part in a panel discussion on critical minerals at 10:45 AM ET during the Deutsche Bank Lithium & Battery Supply Conference taking place at Deutsche Bank Headquarters in New York,…

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WednesdayOct 30, 2019 11:07 am

MiningNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Obtains C$5 Million Convertible Loan Financing

Lithium-focused exploration company Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) this morning announced the company’s entrance into a C$5,000,000 loan and guarantee agreement with LANXESS Corporation (the “lender”). The loan has been fully advanced to the company as US$3,750,000, based on an agreed exchange rate, and will be utilized in the ongoing development of a demonstration plant in southern Arkansas. The plant is intended to demonstrate Standard Lithium’s proprietary process for the extraction of lithium from brine solutions. The principal amount of the loan will be convertible at a rate of one common share and one-half of a warrant…

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