Welcome to our dedicated page for LithiumBank Resources news (Ticker: LBNKF), a resource for investors and traders seeking the latest updates and insights on LithiumBank Resources stock.
LithiumBank Resources Corp. (OTCQX: LBNKF; TSXV: LBNK) generates a steady flow of news as it advances its lithium brine projects in Western Canada. Company updates focus on the Boardwalk and Park Place projects in west-central Alberta, where LithiumBank reports large NI 43-101 lithium brine resources and is working toward modular Direct Lithium Extraction (DLE)-based development.
News releases cover a range of technical and corporate milestones. On the project side, LithiumBank reports updated NI 43-101 resource estimates at Boardwalk and Park Place, reservoir modelling work with SLB, and results from extensive DLE pilot campaigns that have shown up to 95% lithium recovery and more than 99% impurity rejection on bulk brine samples. The company also announces progress at its Calgary DLE pilot plant, where eluates from Boardwalk brine have been refined into battery-grade lithium carbonate.
Investors can also follow development agreements and funding news, including a Development Agreement with a Leading Energy Services and Technology Supplier that includes binding DLE licensing terms for Boardwalk, and a CAD $3.9 million non-dilutive funding award from Emissions Reduction Alberta to support drilling, DLE testing, and feasibility study work.
Corporate updates such as annual meeting results, stock option grants, and strategic realignments around technology partnerships are also disclosed. For anyone tracking the evolution of lithium brine projects in Alberta and Saskatchewan, this news feed provides ongoing detail on LithiumBank’s resource base, pilot testing outcomes, and project de-risking steps.
LithiumBank (OTCQX: LBNKF) has completed the well license transfer for suspended well 1-12 at its 100% owned Boardwalk project in northwest Alberta and now holds 100% ownership. The company plans to re-enter and deepen 1-12 through the Leduc formation to support reservoir testing, brine collection and DLE testwork.
The acquisition supports a Development Agreement with a Leading Energy Services and Technology Supplier for licensed modular DLE, targets project execution in 2027, and helps unlock up to CAD $3.9M of provincial ERA funding (50% reimbursement across three milestones).
LithiumBank (OTCQX:LBNKF / TSXV:LBNK) signed a Development Agreement dated December 21, 2025 with a leading energy services and technology supplier to advance the Boardwalk lithium brine project toward commercial production targeted for 2027. The DA includes licensed modular Direct Lithium Extraction (DLE) technology, a feasibility study, FEED, and EPC work; two initial DLE modules are envisioned for up to 10,000 tpa LCE. The company expects a feasibility study in 2026. Alberta's Emissions Reduction Alberta will fund up to $3.9M (refunding up to 50% per milestone) for well work, concentration/conversion testing of 114,320 L raw brine, and the feasibility study. Boardwalk's NI 43-101 reports Indicated 5.2M tonnes LCE and Inferred 2.8M tonnes LCE (effective Feb 20, 2025).
LithiumBank (OTCQX: LBNKF) began acquiring a second suspended, past-producing well at the 100% owned Boardwalk Lithium Brine Project to support near-term lithium-brine production and to unlock CAD $3.9M of funding from Alberta's Emissions Reduction Act (ERA).
The company will pursue modular Direct Lithium Extraction (DLE) using existing oil-and-gas infrastructure, aims to complete DLE testing and an NI 43-101 Feasibility Study by end-2026, and expects the ERA to reimburse 50% of eligible costs across three milestones.
LithiumBank Resources (OTCQX:LBNKF) has secured CAD $3.9 million in non-dilutive funding from Emissions Reduction Alberta (ERA) to advance its Boardwalk Lithium Brine Project in west-central Alberta. The ERA Program will refund 50% of eligible expenditures for completed milestones.
The funding will support three key initiatives: completing an additional drill hole through the Leduc formation reservoir, conducting extended Direct Lithium Extraction (DLE) testing, and completing a Feasibility Study focusing on a modular approach to lithium production. These tasks are expected to be completed by the end of 2026.
LithiumBank has consolidated all strategic Brine Hosted Mineral Licenses at Boardwalk and Park Place, making it the largest known holder of lithium brine resources in North America. Both projects report the highest-grade resource estimates in Alberta and are unrestricted by overlapping pore space or carbon sequestration permits.
LithiumBank Resources held its Annual and Special Meeting of Shareholders on April 30, 2025, with all proposed resolutions successfully approved. The meeting saw participation from shareholders representing 19.70% of the company's outstanding shares, with 9,827,931 common shares voted.
Key approved resolutions include:
- Reappointment of Davidson & Company LLP as auditors
- Setting the board size at five directors
- Election of board members: Robert Shewchuk, Steven Piepgrass, Christopher Murray, Ekaterina Zotova, and Paul Matysek
- Approval for re-pricing of previously granted stock options
The company, focused on lithium-enriched brine projects in Western Canada, maintains transparency with detailed resolution information available on their website. CEO Rob Shewchuk expressed gratitude to shareholders for their participation and continued support.
LithiumBank Resources (TSXV: LBNK) (OTCQX: LBNKF), a lithium development company focused on Western Canada's brine projects, has successfully concluded its Annual and Special Meeting of Shareholders with all resolutions approved.
Key highlights from the meeting include:
- Shareholder participation: 9,827,931 common shares voted (19.70% of outstanding shares)
- Davidson & Company LLP reappointed as auditors
- Board of directors set at five members, with Robert Shewchuk, Steven Piepgrass, Christopher Murray, Ekaterina Zotova, and Paul Matysek elected
- Approval of Re-Pricing of Previously Granted Stock Options
CEO Rob Shewchuk expressed gratitude to shareholders for their participation and continued support. Detailed information about all resolutions is available on the company's website.
LithiumBank Resources (LBNKF) has announced successful Direct Lithium Extraction (DLE) pilot testing results from its Boardwalk and Park Place projects in Alberta. The testing, using SLB's integrated lithium production solution, achieved up to 95% lithium recovery and over 99% impurity rejection.
The pilot campaigns processed approximately 70,000 litres of brine, with both projects demonstrating exceptional performance: Boardwalk achieved 94.5% lithium recovery and Park Place reached 95%. The projects combined host 5,195,000 tonnes LCE measured and indicated at 81.6 mg/L lithium grade (Boardwalk) and 24,474,000 tonnes LCE inferred at 80.1 mg/L lithium grade.
The commercial scale modules designed for LithiumBank can operate at ~25,000 m³/day and potentially produce ~3,500 tpa LCE based on Boardwalk grades. The DLE technology's adsorbent materials, sourced in North America, have demonstrated longevity of thousands of cycles over 6 years with potential service life exceeding 10 years.
LithiumBank Resources (TSXV: LBNK) (OTCQX: LBNKF) has filed a technical report for its 100% owned Boardwalk lithium brine project in west-central Alberta, revealing significant resource increases. The project now hosts Alberta's highest-grade lithium brine resource at 81.6 mg/L lithium.
Key highlights include:
- 5,195,000 tonnes of measured and indicated lithium carbonate equivalent (LCE) in the Leduc Formation
- 2,777,000 tonnes of inferred LCE in the Leduc and Beaverhill Lake Group formations
- 30% increase in overall lithium resources from previous estimate
- 18% increase in lithium grade
The Boardwalk project spans 395,369 acres and is strategically located with established infrastructure, including all-weather roads and electrical transmission lines. The property is situated 85 km east of Grande Prairie and 270 km northwest of Edmonton.
LithiumBank Resources (LBNKF) announced a significant upgrade to its Boardwalk lithium brine project resource estimate, reporting a 30% increase in overall lithium resources and an 18% increase in lithium grade from the previous estimate.
The updated resource includes 5,195,000 tonnes of combined measured and indicated Lithium Carbonate Equivalent (LCE) at an average grade of 81.6 mg/L lithium, establishing Alberta's highest-grade lithium brine resource to date. The estimate comprises 1,671,000 tonnes of measured LCE at 81.2 mg/L and 3,524,000 tonnes of indicated LCE at 81.8 mg/L within the Leduc Formation.
The Boardwalk project, covering 395,369 acres of contiguous Brine Hosted Mineral Licenses, is located in west-central Alberta. The resource upgrade was prepared in collaboration with SLB using 3D static modeling and uncertainty analysis. The company plans to file a NI 43-101-compliant technical report within 45 days.