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Stock impact report

Volt Lithium Announces US$1.5 Million Strategic Investment to Commence Field Operations in the Delaware Basin in Texas, USA [Yahoo! Finance]

LITHIUM CORP (LTUM) 
Company Research Source: Yahoo! Finance
CALGARY, Alberta, April 29, 2024 (GLOBE NEWSWIRE) -- Volt Lithium Corp. (TSXV: VLT | OTCQB: VLTLF) (“ Volt ” or the “ Company ”) is pleased to announce a strategic investment of US$1,500,000 (the “ Strategic Investment ”) by a company (the “ Investor ”) with operations in the Delaware Basin in West Texas, USA, for the deployment of a field unit. This field unit will produce lithium hydroxide monohydrate using Volt's proprietary direct lithium extraction (“ DLE ”) technology, building on the work done to date by Volt at the Company's permanent Demonstration Plant in Calgary, Alberta. “We are very pleased to be collaborating with this operator to deploy Volt's field unit in the Delaware Basin.” commented Volt's President & CEO, Alex Wylie. “Volt has spent the past several months working with this operator to ensure the successful extraction of lithium from this operator's brine at our Demonstration Plant”. The Strategic Investment The Strategic Investment is to be completed by wa Show less Read more
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