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LITHIUMBANK RES CORP - LBNKF STOCK NEWS

Welcome to our dedicated news page for LITHIUMBANK RES (Ticker: LBNKF), a resource for investors and traders seeking the latest updates and insights on LITHIUMBANK RES.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect LITHIUMBANK RES's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of LITHIUMBANK RES's position in the market.

News
LithiumBank Reports >3,000 mg/L Lithium and >98% Recovery from Direct Lithium Extraction Test Work
Rhea-AI Summary
LithiumBank Resources Corp. (LBNK) announces successful results from bench-scale G2L Greenview Resources Inc. DLE test work on brine from its Boardwalk Lithium Brine Project. The project, located in west-central Alberta, Canada, achieved over 98% recovery of lithium, produced the highest purity concentrated lithium solution, and reduced impurities by over 90%. The G2L DLE process also resulted in a 40-fold increase in lithium concentration from the feedstock and a 40-fold volume reduction of brine post-processing. The results are anticipated to be included in an updated Boardwalk PEA expected in late 2023, with pilot plant testing to commence in Q1 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.03%
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News
LithiumBank Provides Pilot Plant Update
Rhea-AI Summary
LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) provides a progress update on the commissioning of its continuous Direct Lithium Extraction (cDLETM) pilot plant. The exclusive licensing agreement with G2L Greenview Resources Inc. will enable the testing of G2L’s DLE technology at reservoir temperatures at a rate of up to 10,000 L per day, de-risking the commercial design and unlocking the value of LithiumBank’s multi-district portfolio of direct brine assets. The pilot plant is expected to be reassembled at the Company’s facility for piloting in Q1 2024 after undergoing modifications in Australia. Initial testing has identified process parameters that can be improved with the inclusion of Licensed Technology, which is anticipated to positively impact project economics.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.79%
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News
LithiumBank Announces Intellectual Property License Agreement with G2L Greenview Resources Inc. for Direct Lithium Extraction Technology, Pilot Plant Testing and Commercialization
Rhea-AI Summary
LithiumBank enters into an intellectual property license agreement with G2L Greenview Resources Inc., providing exclusive access to DLE technology in Alberta and Saskatchewan. Preliminary testing shows potential cost reduction and improved lithium recovery. G2L will ship a pilot plant with a capacity of 8,000 to 10,000 L/day to Alberta. An updated Boardwalk PEA will be released in late Q4 2023. In consideration for the License, LithiumBank will issue up to 14,000,000 common shares to G2L. Access to the pilot plant will accelerate test work and feasibility studies for LithiumBank's projects. The licensing agreement is expected to have a significant impact on the economics of the Alberta projects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.79%
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none
News
LithiumBank Engages SLB to Conduct Subsurface Reservoir Modelling for Resource Estimation at Park Place Lithium Brine Project, West-Central Alberta
Rhea-AI Summary
LithiumBank engages SLB for reservoir modelling at Park Place lithium brine project in Alberta, results expected in 90 days. Park Place Project reported as largest lithium-rich brine project in North America. Leduc Formation measures up to 350m in thickness. Positive for LithiumBank's future engineering and production designs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.8%
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News
LithiumBank Receives Conditional Acceptance from the TSX Venture Exchange for its Sale of Saskatchewan Projects to Pristine Lithium Corp.
Rhea-AI Summary
LithiumBank Resources Corp. provides update on proposed sale of lithium brine projects to Pristine Lithium Corp.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.49%
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LithiumBank Announces Sale of Saskatchewan Projects to Pristine Lithium Corp.
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.9%
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none
News
LithiumBank Files Preliminary Economic Assessment Technical Report for the Boardwalk Lithium Brine Project, West-Central Alberta
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.43%
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LithiumBank Reports US$2.7 Billion Pre Tax NPV From Preliminary Economic Assessment on a 31,350 TPA LHM Operation at Boardwalk Lithium Brine Project, Alberta, Canada
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.37%
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LithiumBank Appoints Strategy and M&A Executive Formerly at Shell, Citigroup and McKinsey Ekaterina Zotova as New Director and Announces AGM Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.5%
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management
News
LithiumBank Signs MoU With ZS2 Technologies to Capture and Permanently Sequester CO₂ and Co-Produce Magnesium and Calcium From Boardwalk Brine
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.38%
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LITHIUMBANK RES CORP

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LBNKF Stock Data

32.27M
14.61%
0.38%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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