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BVTEF Stock Price, News & Analysis

bvtef OTC

Company Description

Iconic Minerals Ltd. (BVTEF) is a mineral exploration and development company with a focus on lithium and gold projects in Nevada, USA. The company recently completed a plan of arrangement with Nevada Lithium Resources Inc., resulting in Nevada Lithium acquiring Iconic's interest in the Bonnie Claire lithium project. This transaction has consolidated ownership of the Bonnie Claire Project under Nevada Lithium, enabling further advancements in resource exploration and development. With significant lithium deposits, including one of the largest resources in North America at Bonnie Claire, Iconic Minerals is poised to play a crucial role in meeting global lithium demands. The company's exploration projects, such as Grass Valley and Smith Creek, showcase the potential for substantial lithium resources within the region, supported by geological indicators of lithium-rich brine systems.

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No SEC filings available for BVTEF.

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Frequently Asked Questions

What is the recent plan of arrangement involving Iconic Minerals Ltd. and Nevada Lithium Resources Inc.?

Iconic Minerals and Nevada Lithium completed a plan of arrangement where Nevada Lithium acquired Iconic's interest in the Bonnie Claire lithium project, consolidating ownership under Nevada Lithium.

What role does Iconic Minerals play in meeting global lithium demands?

Iconic Minerals, with significant lithium deposits including the large Bonnie Claire resource, is positioned to address global lithium needs through its exploration projects in Nevada.

What are the key exploration projects of Iconic Minerals in Nevada?

Iconic Minerals focuses on lithium and gold projects in Nevada, including Grass Valley and Smith Creek, which present indicators of lithium-rich brine systems and significant resource potential.

Who is the Qualified Person for Iconic Minerals Ltd.?

Richard Kern, a Certified Professional Geologist and qualified person under Canadian National Instrument 43-101, has reviewed and approved the technical information for Iconic Minerals.

What is the new trading symbol for Iconic Minerals Ltd. on OTCQB?

Iconic Minerals is scheduled to commence trading under the new OTCQB symbol: ICMFF, effective from October 5, 2023.