LSC Lithium Announces Results of Special Meeting of Securityholders TORONTO, March 08, 2019 (GLOBE NEWSWIRE) -- LSC Lithium Corporation (“LSC” or together with its subsidiaries, the “Company”) (TSXV:LSC) is pleased to announce the results of the special meeting of Securityholders (the “Meeting”) held today to approve the previously announced plan of arrangement (the “Arrangement”) pursuant to which Pluspetrol Resources Corporation B.V., among other things, will acquire all of the issued and outstanding shares of LSC for cash consideration of $0.6612 per common share of LSC. The special r...
LSC Lithium Files Technical Report for Positive PEA for the Pozuelos-Pastos Grandes Project TORONTO, Jan. 18, 2019 (GLOBE NEWSWIRE) -- LSC Lithium Corporation (“LSC” or together with its subsidiaries, the “Company”) (TSXV:LSC) is pleased to announce that it has filed the technical report for the Preliminary Economic Assessment (“PEA”) for its Pozuelos-Pastos Grandes (“PPG”) Project titled “Preliminary Economic Assessment – Pozuelos-Pastos Grandes Project NI 43-101 Technical Report, Salta, Argentina” which can be found on Sedar () and the Company’s website (). PEA HIGHLIGHTS US$2,994/t Li...
LSC Lithium Enters Into Definitive Arrangement Agreement to be Acquired by Pluspetrol TORONTO, Jan. 15, 2019 (GLOBE NEWSWIRE) -- LSC Lithium Corporation (“LSC” or together with its subsidiaries, the “Company”) (TSXV:LSC) is pleased to announce that it has entered into an arrangement agreement (the “Arrangement Agreement”) with Pluspetrol Resources Corporation B.V. (“Pluspetrol”), pursuant to which Pluspetrol will acquire all of the outstanding common shares of LSC by way of a plan of arrangement (the “Arrangement”) under the Business Corporations Act (British Columbia). Under the Arrange...
LSC Announces Positive PEA Results of 20,000tpa Lithium Carbonate Operation From Pozuelos-Pastos Grandes Project TORONTO, Dec. 04, 2018 (GLOBE NEWSWIRE) -- LSC Lithium Corporation (“LSC” or together with its subsidiaries, the “Company”) (TSXV:LSC) is pleased to announce that it has completed the Preliminary Economic Assessment (“PEA”) for its Pozuelos-Pastos Grandes (“PPG”) Project. PEA HIGHLIGHTS US$2,994/t Li2CO3US$338mUS$1,036m34%Avg Operating Costs (incl. 5% contingency)Initial Capital (incl. $59m contingency)NPV8% (Pre-tax)IRR (Pre-tax)US$125m20,000tpaUS$762m30%After Tax Annual Fre...
LSC Lithium Announces Pozuelos Updated Mineral Resource Measured and Indicated 1,678,000 Tonnes LCE at 505mg/l Li and Inferred 631,000 Tonnes LCE at 518mg/l Li HIGHLIGHTS Measured and Indicated Resource of 1,678,000 tonnes of LCE, an increase of 29%, with lithium grade of 505mg/l LiInferred Resource of 631,000 tonnes of LCE, an increase of 27%, with lithium grade of 518mg/l LiSignificant zones of higher grade lithium-bearing brines identified in two major depocentresCombined Pozuelos-Pastos Grandes (“PPG”) Project Resource of 2,617,000 tonnes LCE in Measured and Indicated category and 938,...
LSC Lithium Announces Further High Grade and High Yield Pump Test Results on the Pozuelos-Pastos Grandes Project TORONTO, Nov. 19, 2018 (GLOBE NEWSWIRE) -- LSC Lithium Corporation (“LSC” or together with its subsidiaries, the “Company”) (TSXV:LSC) is pleased to announce that it has received further encouraging pump test results from step tests, airlifts and a second 7-day continuous pump test at the Pozuelos-Pastos Grandes (“PPG”) Project. HIGHLIGHTS Step Test from Well WPZ-18-04: ° Yielded average grades of 531mg/l Li ° Confirms a southern extension of the high grade depocenter a...
LSC Lithium Announces Further Results From Exploration Drilling on the Pozuelos-Pastos Grandes Project TORONTO, Nov. 14, 2018 (GLOBE NEWSWIRE) -- LSC Lithium Corporation (“LSC” or together with its subsidiaries, the “Company”) (TSXV:LSC) is pleased to announce that it has received the remainder of the results from two exploration holes completed at the Pozuelos-Pastos Grandes (“PPG”) Project. HIGHLIGHTS Pozuelos - Hole PZ-18-02 Lithium values show minimum of 434.4mg/l and maximum of 621.5mg/l, with an average of 582.2mg/lConfirmed the salar extends to a depth of 329.45m below surface i...
LSC Lithium Announces Closing of Joint Venture With Litica Resources, a Pluspetrol Company, and Receipt of Regulatory Approval to Explore Arizaro Salar TORONTO, Nov. 12, 2018 (GLOBE NEWSWIRE) -- LSC Lithium Corporation (“LSC” or together with its subsidiaries, the “Company”) (TSXV:LSC) is pleased to announce that it has closed the previously announced joint venture (the “Joint Venture”) with Litica Resources, a wholly owned subsidiary of Pluspetrol (“Litica Resources”), a leading private oil and gas company. LSC and Litica Resources have entered into the 40/60 Joint Venture to explore and...
LSC Lithium Announces Pastos Grandes Maiden Mineral Resource Measured and Indicated 939,080 Tonnes LCE and Inferred 307,500 Tonnes LCE and Filing of Technical Report HIGHLIGHTS Measured and Indicated Mineral Resource of 939,080 tonnes LCE with average grade of 464mg/l LiInferred Mineral Resource of 307,500 tonnes LCE with average grade of 467mg/l LiFiling of technical report on Pastos GrandesResource remains open at depth. Potential brine resource exists below the 600m level of the current resource and the salar basementLSC anticipates announcement of PEA on the Pozuelos-Pastos Grandes (“P...
LSC Lithium Provides Corporate Update TORONTO, Oct. 25, 2018 (GLOBE NEWSWIRE) -- LSC Lithium Corporation (“LSC” or together with its subsidiaries, the “Company”) (TSXV:LSC) is pleased to provide the following corporate update on the progress of the Company and work plans for the remainder of 2018. Following completion of the Rights Offering for gross proceeds of approximately C$8 million on October 2, 2018, the Company is positioned to deliver (i) the maiden resource on its Pastos Grandes Salar; (ii) an updated resource on its Pozuelos Salar; and (iii) the preliminary economic assessment...
LSC Lithium Announces Progress on Infrastructure for the Pozuelos-Pastos Grandes Project TORONTO, Oct. 04, 2018 (GLOBE NEWSWIRE) -- LSC Lithium Corporation (“LSC” or together with its subsidiaries, the “Company”) (TSXV:LSC) is pleased to announce progress on key infrastructure for the Pozuelos-Pastos Grandes (“PPG”) Project. The Company has engaged with regulators and Salta based service providers to advance permitting, data acquisition and construction of key project infrastructure. HIGHLIGHTS Allocation of gas capacity to support electricity and steam generation for 20ktpa lithium car...
LSC Lithium Announces Rights Offering Closing TORONTO, Oct. 02, 2018 (GLOBE NEWSWIRE) -- LSC Lithium Corporation (“LSC” or together with its subsidiaries, the “Company”) (TSXV:LSC) is pleased to announce the closing of its rights offering (the “Rights Offering”) announced on August 16, 2018. A total of 19,816,847 rights were subscribed for gross proceeds of $7,926,738.80. Ian Stalker, President and CEO, stated, “We are pleased with the outcome of the Rights Offering which has exceeded our expectations, raising well over the minimum offering of C$5.2 million. The proceeds of the Rights Of...
LSC Lithium Announces 750mg/l High Grade Lithium Values and High-Yield Pump Test Results on Its Pozuelos-Pastos Grandes Project TORONTO, Sept. 19, 2018 (GLOBE NEWSWIRE) -- LSC Lithium Corporation (“LSC” or together with its subsidiaries, the “Company”) (TSXV:LSC) is pleased to announce that it has received encouraging pump test results from a 7-day continuous pump test at its Pozuelos-Pastos Grandes project (“PPG Project”). HIGHLIGHTS Constant pump rate over 7-days from well SP-2017-10W at 82m3/hMeasured drawdown is constant and full recharge within 3h after completion of pumpingConsist...
LSC Lithium Announces Update On Rights Offering TORONTO, Aug. 20, 2018 (GLOBE NEWSWIRE) -- LSC Lithium Corporation (“LSC” or together with its subsidiaries, the “Company”) (TSXV:LSC) announced today that the record date in respect of its previously announced rights offering (the “Rights Offering”) will be August 27, 2018 (the “Record Date”). As announced by LSC on August 16, 2018, each shareholder as of the Record Date will be issued 0.16142 of one right (each whole right, a “Right”) for each Share held on the Record Date, entitling the holder to purchase one unit of the Company (“Unit”)...
LSC Lithium Announces Rights Offering for C$9.2 Million and Update on Strategic Review TORONTO, Aug. 16, 2018 (GLOBE NEWSWIRE) -- LSC Lithium Corporation (“LSC” or together with its subsidiaries, the “Company”) (TSXV:LSC) announced today that it plans to complete a rights offering (the “Rights Offering”) to the holders of common shares of LSC (the “Shares”) for gross proceeds of approximately C$9.2 million. Pursuant to the Rights Offering, each shareholder as of the record date will be issued 0.16142 of one right (each whole right, a “Right”) for each Share held on the record date, entit...
LSC Lithium Announces Progress on Its Pozuelos-Pastos Grandes Preliminary Economic Assessment Project TORONTO, Aug. 07, 2018 (GLOBE NEWSWIRE) -- LSC Lithium Corporation (“LSC” or together with its subsidiaries, the “Company”) (TSXV:LSC) is pleased to announce encouraging progress on exploration and pump testing for its Pozuelos-Pastos Project (“PPG”). The Company has engaged the internationally recognised engineering consultancy company GHD Limited to undertake a preliminary economic assessment (“PEA”) on this combined PPG Project due to be completed by end of Q4 2018. HIGHLIGHTS Pozuel...
LSC Lithium Announces Update on Its Rio Grande Project TORONTO, Aug. 01, 2018 (GLOBE NEWSWIRE) -- LSC Lithium Corporation (“LSC” or together with its subsidiaries, the “Company”) (TSXV:LSC) is pleased to announce that it has received completed and positive seismic tomography results from its Rio Grande project in Argentina’s Puna region. HIGHLIGHTS Five seismic lines totalling 41.73 line km were completed, three lines orientated in N-S direction and two lines orientated in E-W direction.Wide spaced survey interpreted the previous expectations of depth extensions of the basin up to 500 ...
LSC Lithium Announces Joint Venture Partnership With Litica Resources, a Pluspetrol Company TORONTO, July 30, 2018 (GLOBE NEWSWIRE) -- LSC Lithium Corporation (“LSC” or together with its subsidiaries, the “Company”) (TSXV:LSC) is pleased to announce it has entered into a joint venture agreement with Litica Resources, a wholly owned subsidiary of Pluspetrol S.A., (“Litica Resources”), a leading private oil and gas company to enter into a 40/60 joint venture (“Joint Venture”) to explore and develop tenements on the Salar de Arizaro lithium project (“Arizaro Project”) in Salta Province, Arge...
LSC Lithium Announces Update on Projects and Ongoing Strategic Review TORONTO, June 25, 2018 (GLOBE NEWSWIRE) -- LSC Lithium Corporation (“LSC” or together with its subsidiaries, the “Company”) (TSXV:LSC) is pleased to announce that it has advanced exploration and preliminary engineering study activities on its lead project, the Pozuelos-Pastos Grandes Project (the “PPG Project”) and is continuing its strategic review process with BMO Capital Markets. HIGHLIGHTS POZUELOS Five hole pump test program ongoingAccess preparation underway for three Mineral Resource upgrade holesSeismic surve...
LSC Lithium Announces Appointment of Lead Engineer for Delivery of Technical Studies on the Combined Pozuelos-Pastos Grandes Lithium Project in Argentina TORONTO, June 12, 2018 (GLOBE NEWSWIRE) -- LSC Lithium Corporation (“LSC” or together with its subsidiaries, the “Company”) (TSXV:LSC) is pleased to announce that it has appointed GHD Limited (“GHD”) as the engineering company and partner for the execution of the Preliminary Economic Assessment (“PEA”) and fast-tracked Pre-feasibility Study (“PFS”) of the Pozuelos-Pastos Grandes Project (“PPG”) in the Salta Province, Argentina. HIGHLI...
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