The company’s share price continued climbing during the following weeks to hit a year-to-date high of C$1.05 on February 6.
Two days later, the company commenced a C$10 million private placement financing. In 2016, McCallum identified and staked Patriot Battery Metals' (TSXV: PMET,OTCQX:PMETF) Corvette lithium property, which is located in the same region as Q2’s lithium projects. Q2’s share price began climbing early in the year, jumping from C$0.45 to C$0.62 on the January 23 appointment of Neil McCallum as a director and the company’s vice president of exploration. It also has the Stellar lithium property north of Mia, which it acquired in March, as well as the Big Hill and Titan gold projects in Queensland, Australia. Q2 Metals is an exploration company focused on advancing its Mia lithium property in James Bay, Quebec. Year-to-date gain: 170.49 percent market cap: C$49.53 million current share price: C$0.67 The property has an estimated 99 billion barrels of brine with concentrations of up to 121 milligrams per liter. On May 18, Volt Lithium shared its initial mineral resource report for Rainbow Lake, reporting an inferred mineral resource of 4.3 million metric tons (MT) of lithium carbonate equivalent. The company’s share price spiked significantly on the news, and has mostly stayed elevated since then, hitting a year-to-date high of C$0.52 on May 15. The new version, IES-300, maintains IES-200’s 93 percent lithium recoveries and reduces the amount of reagent required, lowering operating costs. On April 6, Volt Lithium announced a breakthrough with its DLE technology. The company started 2023 with a share price of C$0.11 and has trended up significantly throughout the year.
#COBALT STOCKS FULL#
Volt Lithium was previously the name of the company's lithium division, and the change reflects its shift to a full focus on battery metals. Previously named Allied Copper, the company changed its name on April 27 following a successful shareholder vote. Volt Lithium is focused on becoming a producer of lithium hydroxide and lithium carbonate from oilfield brines at its Rainbow Lake project in Alberta, where it plans to use its proprietary direct lithium extraction (DLE) technology. Year-to-date gain: 336.36 percent market cap: C$44.62 million current share price: C$0.48
0 kommentar(er)
