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LI METAL CORP - $LIMFF STOCK NEWS

Welcome to our dedicated page for LI METAL news (Ticker: $LIMFF), a resource for investors and traders seeking the latest updates and insights on LI METAL stock.

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 LI METAL'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 LI METAL's position in the market.

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Li-Metal Corp announced the closing of a US $750,000 non-brokered private placement, aimed at accelerating the commercialization of its lithium metal anode technology for next-generation batteries. The proceeds will also support general corporate purposes and working capital. For more information, refer to the press release dated April 19, 2024, available on the Company's website and SEDAR profile.

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Li-Metal Corp. secured a US$750,000 equity financing from Blue Horizon Advisors and plans to raise up to US$10 million through a subsequent financing. The company will use the funds to expand its commercial-scale anode capabilities in 2024. The equity financing involves the issuance of units comprising common shares and warrants. A ratchet provision ensures adjustment of the unit price based on the subsequent financing terms. Additionally, an advisory agreement with Blue Horizon will provide strategic consulting services to Li-Metal to enhance its business operations and capital structure.
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Li-Metal Receives BNEF Pioneers Award for Sustainable Lithium Metal Battery Technologies
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Li-Metal Corp. CEO, Dr. Srini Godavarthy, to present at CERAWeek 2024 on March 19th, discussing the company's lithium metal anode and production technologies. He will highlight the white-space opportunity, PVD approach, and the need for sustainable lithium production for next-gen batteries.
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Li-Metal Corp. announces promising results from an engineering study, showing the potential for commercial deployment of its patented C2M technology. The study highlights cost competitiveness, reduced environmental footprint, and a brownfield CAPEX of USD 109 million for a 1,000-tonne annual capacity plant. Li-Metal is in discussions with carbonate producers and battery OEMs to scale the C2M technology.
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Li-Metal Corp. collaborates with Lyten and the Ontario government to develop specialty lithium alloy ingots for next-generation lithium metal anodes. The company received $930,826 in support from the Ontario government and aims to scale up its production and refining capabilities for battery-grade lithium metal. The partnership represents a significant step in strengthening Ontario's battery production capabilities and securing a reliable feedstock for the growing demand for lithium metal.
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Li-Metal Corp. (LIM) announced the appointment of Mr. Anthony Tse as the new Non-Executive Chairman of the Board. Mr. Tse, a veteran of the lithium industry, brings close to 30 years of experience in high-growth industries. He has a notable track record, having previously served as the Managing Director and Chief Executive Officer of Galaxy Resources. Li-Metal CEO Srini Godavarthy expressed his pleasure in naming Anthony as the new Chairman, highlighting his deep understanding of the business and the opportunities ahead. Mr. Tse also expressed his excitement about working closely with the Li-Metal team to advance the company's growth journey.
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Li-Metal Corp. (LIM) successfully demonstrates electrolyte reconditioning process, validating closed-loop operation for sustainable lithium metal production. The company plans to establish commercial scale metal production to support the production of ultra-thin lithium metal anodes.
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Li-Metal Corp (CSE:LIM)(OTCQB:LIMFF)(FSE:5ZO) has successfully produced second-generation anode products, demonstrating the flexibility of its technology platform. The ultra-thin lithium on metalized polymer anodes reduce the need for copper in batteries, improving energy density. Li-Metal has produced over 8,200 meters of sample anode material year-to-date using roll-to-roll PVD technology, compared to 4,200 meters in 2022 at its pilot plant in Rochester, New York.
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Li-Metal Corp. (CSE:LIM)(OTCQB:LIMFF)(FSE:5ZO) announced the successful production and shipment of its first batch of lithium metal ingots from its new facility in Markham, Ontario. The company's reprocessing and casting technology allows for the sustainable production of lithium metal ingots suitable for next-generation battery anodes, addressing the need to incinerate scrap lithium metal. The technology also validates the capabilities of its modular, patented C2M technology, positioning Li-Metal as a leading vertically integrated and domestic supplier of lithium metal and high-performance anode materials.
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LI METAL CORP

OTC:LIMFF

LIMFF Rankings

LIMFF Stock Data

14.97M
127.22M
14.82%
0.01%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
Markham