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Edison Lithium Corp

Edison Lithium Corp (EDDY)

0.125
0.00
(0.00%)
Closed February 29 04:00PM

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Key stats and details

Current Price
0.125
Bid
0.115
Ask
0.125
Volume
-
0.00 Day's Range 0.00
0.02 52 Week Range 0.25
Market Cap
Previous Close
0.125
Open
-
Last Trade
Last Trade Time
Financial Volume
-
VWAP
-
Average Volume (3m)
20,373
Shares Outstanding
112,290,351
Dividend Yield
-
PE Ratio
-14.81
Earnings Per Share (EPS)
-0.01
Revenue
-
Net Profit
-913k

About Edison Lithium Corp

Sector
Miscellaneous Metal Ores,nec
Industry
Miscellaneous Metal Ores,nec
Headquarters
North Vancouver, British Columbia, Can
Founded
1970
Edison Lithium Corp is listed in the Miscellaneous Metal Ores sector of the TSX Venture Exchange with ticker EDDY. The last closing price for Edison Lithium was $0.13. Over the last year, Edison Lithium shares have traded in a share price range of $ 0.02 to $ 0.25.

Edison Lithium currently has 112,290,351 shares outstanding. The market capitalization of Edison Lithium is $13.47 million. Edison Lithium has a price to earnings ratio (PE ratio) of -14.81.

EDDY Latest News

TSX Venture Exchange Stock Maintenance Bulletins

TSX Venture Exchange Stock Maintenance Bulletins Canada NewsWire VANCOUVER, BC, Oct. 24, 2023 VANCOUVER, BC, Oct. 24, 2023 /CNW/ - TSX VENTURE COMPANIES MINTO METALS CORP.  ("MNTO")BULLETIN TYPE: Deli...

Globex Vends Saskatchewan Alkali Dispositions to Edison

ROUYN-NORANDA, Quebec, Aug. 25, 2023 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchan...

Edison Lithium Provides Update on Spin-Out of Cobalt Assets

Edison Lithium Provides Update on Spin-Out of Cobalt Assets?Vancouver, British Columbia, March 28, 2023 -- InvestorsHub NewsWire --?Edison Lithium Corp. (TSXV: EDDY, OTCQB: EDDYF; FSE: VV0) ("Edison" ...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.005-3.846153846150.130.130.115274420.12086224CS
4-0.015-10.71428571430.140.1550.115206990.13058948CS
12-0.07-35.89743589740.1950.240.115203730.17291778CS
26-0.03-19.35483870970.1550.250.115212560.18420559CS
520.07127.2727272730.0550.250.021161480.05363662CS
156-0.09-41.86046511630.2150.250.021756460.10900099CS
2600.0751500.050.250.0151808650.11287249CS

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EDDY Discussion

View Posts
ernie44 ernie44 1 month ago
irish dancers on the mall

👍️0
Everything-EV Everything-EV 2 months ago
Edison Lithium Arranges Sale of Majority Stake in Argentinian Lithium Properties for US$5 Million Vancouver, British Columbia, December 19, 2023 – Edison Lithium Corp. (TSXV: EDDY, OTCQB: EDDYF; FSE: VV0) (“Edison” or the “Company”) is pleased to announce that it has entered into a letter of intent dated December 18, 2023 (the “LOI”) with Meteor Energy, LLC (“Meteor”), an energy corporation based in Dallas, Texas, for the sale of 100% of the Company’s interest in its Argentina subsidiary, Resource Ventures S.A. (“ReVe”), in consideration for USD$5,000,000. Prior to the sale, ReVe will have first rolled out and retained the Pipanaco claims and one of the LEXI claims to be retained in a new subsidiary, as further described below. Pursuant to the LOI, the parties agreed to use commercially reasonable efforts to enter into a definitive agreement within 60 days to give effect to this transaction on terms and conditions acceptable to both parties. ReVe controls the rights to prospective lithium brine claims in the province of Catamarca, Argentina. The claims are principally located in the two geologic basins known as the Antofalla Salar and the Pipanaco Salar. ReVe’s assets on closing of the disposition to Meteor will include 29 mining concessions covering approximately 105,699 hectares area in Catamarca Province, Argentina. The Company will retain and focus its Argentinian efforts on 8 mining concessions covering approximately 28,766 hectares area in Catamarca Province, Argentina, which are not subject to the sale and amount to approximately 20% of the claims currently held by ReVe. The sale terms included Meteor paying the Company USD$25,000 on signing of the LOI, with further payments of USD$475,000 and USD$4,500,000 payable by Meteor to the Company upon execution of a definitive agreement and the closing of the disposition, respectively. Nathan Rotstein, Edison’s CEO, commented, “This transaction validates our purchase of the entire ReVe property package two and half years ago for $1,250,000 and puts Edison into a strong cash position to assess other opportunities. We are very pleased with how we will be positioned after closing the transaction.” The LOI contemplates a 60 day due diligence period prior to execution of the definitive agreement during which Meteor will conduct standard due diligence on ReVe and the mining claims subject to this sale. Completion of the disposition contemplated by the LOI remains subject to the satisfactory completion of due diligence, the negotiation and execution of a definitive agreement and approvals from the TSX Venture Exchange (“TSXV”) and shareholders of the Company, if required. The Company and Meteor are at armslength, and no finders’ fees or commissions are payable in connection with completion of the sale contemplated by the LOI. About Edison Lithium Corp. Edison Lithium Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium, alkali and other energy metal properties. The Company’s acquisition strategy is based on acquiring affordable, cost-effective, and highly regarded mineral properties in areas with proven geological potential. Edison is building a portfolio of quality assets capable of supplying critical materials to the battery industry and intends to capitalize on and have its shareholders benefit from the renewed interest in the battery metals space.
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ernie44 ernie44 2 months ago
happy holidays..nothing good on TV




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Everything-EV Everything-EV 3 months ago
Tesla is leading the way and the Edison Lithium Corp has both of the materials needed!

Watch this

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Everything-EV Everything-EV 3 months ago
EDISON LITHIUM

Is the only Public Company holding Both Lithium and Sodium Brine Prospects.

This is huge!
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Everything-EV Everything-EV 3 months ago
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ernie44 ernie44 3 months ago
testing...................................................chickens get gas too


also burp and cough



👍️0
Peter28 Peter28 4 months ago
Edison Lithium: Unlocking Investor Potential with Diverse Resource Properties (TSXV: EDDY; OTCQB: EDDYF)

https://www.reddit.com/r/SmallCap_MiningStocks/comments/17q19va/edison_lithium_unlocking_investor_potential_with/
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Mr. Elliot Mr. Elliot 4 months ago
Why I am Bullish On Edison Lithium
https://www.evranic.com/2023/10/why-i-am-bullish-on-edison-lithium.html
👍️0
Everything-EV Everything-EV 5 months ago
VERY EXCITING!!!
NEW EDDY PROJECT.
NEWS FLOW SOON.
https://www.rechargenews.com/energy-transition/tesla-veterans-our-sodium-batteries-could-halve-cost-of-energy-storage-and-are-safer-than-lithium-ion/2-1-1529670
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Mr. Elliot Mr. Elliot 5 months ago
Edison Lithium Corp. An Overlooked Lithium Junior To Take Notice Of (TSXV: EDDY; OTCQB: EDDYF)

https://10xalerts.com/edison-lithium-corp-an-overlooked-lithium-junior-to-take-notice-of-tsxv-eddy-otcqb-eddyf/
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Mr. Elliot Mr. Elliot 5 months ago
Edison Lithium Corp. An Overlooked Lithium Junior To Take Notice Of (TSXV: EDDY; OTCQB: EDDYF)

https://10xalerts.com/edison-lithium-corp-an-overlooked-lithium-junior-to-take-notice-of-tsxv-eddy-otcqb-eddyf/
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Everything-EV Everything-EV 5 months ago
Look At Eddy Go!

$EDDY
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MallenNV MallenNV 7 months ago
DAM EV! what are they paying you, $3 per post?
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Renee Renee 7 months ago
EDDY: effective Aug. 1,2023 a one for 8 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
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Everything-EV Everything-EV 11 months ago
👍️0
Everything-EV Everything-EV 11 months ago
About Edison Lithium Corp.
Edison Lithium Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium, and other energy metal properties. The Company's acquisition strategy is based on acquiring affordable, cost-effective, and highly regarded mineral properties in areas with proven geological potential. Edison is building a portfolio of quality assets capable of supplying critical materials to the battery industry and intends to capitalize on and have its shareholders benefit from the renewed interest in the battery metals space.

On behalf of the Board of Directors:

"Nathan Rotstein"
Nathan Rotstein
Chief Executive Officer and Director

For more information please contact:
Tel: 416-526-3217
Email: info@edisonlithium.com
Website: www.edisonlithium.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Disclaimer: This news release contains certain forward-looking statements. Statements that are not historical facts, including statements about Edison's beliefs and expectations, are forward- looking statements. Forward-looking statements involve inherent risks and uncertainties and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "will be", "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue,", "proposes", "contemplates", "is/are likely to" or other similar expressions. All information provided in this news release is as of the date of this news, and the Company undertakes no duty to update such information, except as required under applicable law.

Forward-looking statements in this press release relate to, among other things: the incorporation of SpinCo, completion of the proposed Spin-Out, the Company maintaining its interest in the Antofalla Salar and Pipanaco Salar properties, distribution of SpinCo Shares to Edison shareholders and the basis of such distribution, no changes occurring to Edison shareholders' holdings, the receipt of required shareholder, court, stock exchange and regulatory approvals for the Spin-Out, listing of the SpinCo Shares on the Exchange, increases to shareholder value as a result of the Spin-Out, the new entity presenting compelling opportunity for further investment in the heated battery metals space, the timing of the Spin-Out transaction, and the timing of additional details concerning the Spin-Out and the terms and timing for completion of the Private Placement. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections of management on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: determination of acceptable terms for the proposed Spin-Out, receipt of all required shareholder, court, stock exchange and regulatory approvals for the Spin-Out; changes in the value of the Kittson Cobalt, Antofalla Salar, and Pipanaco Salar properties; fluctuations in the securities markets, commodity pricing and the market price of the Company's common shares and Exchange approval for listing of the SpinCo Shares. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.
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Everything-EV Everything-EV 11 months ago
Further details of the Spin-Out and Private Placement will follow by additional press releases. Timing of the Spin-Out and Private Placement will be based on prevailing market conditions. The particulars of the Spin-Out are not yet final and shareholders are cautioned that there can be no assurance that the Spin-Out will be completed on the terms described herein or at all.
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Everything-EV Everything-EV 11 months ago
Nathan Rotstein, Chief Executive Officer of Edison, comments, "We are always looking at opportunities to unlock shareholder value and spinning out the cobalt asset makes perfect sense. Cobalt is an essential mineral that has strong demand in rechargeable batteries for electric vehicles, mobile phones, and other electronic devices. The new entity will present a compelling opportunity for further investment in the heated battery metals space."

Upon completion of the Spin-Out, SpinCo intends to undertake a private placement of up to 15,000,000 units (the "Units") at $0.10 per Unit for gross proceeds of up to $1,500,000 (the "Private Placement"). Each Unit will consist of one SpinCo Share and one warrant (a "Warrant"), each Warrant will be exercisable into one SpinCo Share at an exercise price of $0.12 per SpinCo Share, for a period of two years from the date of issuance. The Private Placement is expected to close concurrently with listing on the Exchange. The SpinCo Shares and Warrants will be subject to a four-month statutory hold period expiring four months and one day from the closing date of the Private Placement.
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Everything-EV Everything-EV 11 months ago
The proposed Spin-Out will be subject to the terms of an arrangement agreement to be entered into between Edison and SpinCo, approval of shareholders at a meeting of Edison shareholders, approval of the British Columbia Supreme Court, and approval of the TSX Venture Exchange (the "Exchange").

The Company intends to seek a listing of the SpinCo Shares on the Exchange, however no assurance can be provided that such a listing will be obtained. Listing will be subject to SpinCo fulfilling all of the requirements of the Exchange.

The Company expects the Spin-Out will increase shareholder value by allowing capital markets to ascribe value to the Kittson Cobalt Property independent of the Company's lithium properties.
👍️0
Everything-EV Everything-EV 11 months ago
Edison Lithium Provides Update on Spin-Out of Cobalt Assets March 27th, 2023.

Vancouver, British Columbia--(Newsfile Corp. - March 28, 2023) - Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV00) ("Edison" or the "Company") further to the Company's news release dated May 19, 2022, the Company is pleased to provide an update regarding the proposed spinout of its cobalt assets in northeastern Ontario, referred to as the Kittson Cobalt Property (the "Spin-Out"), into a newly incorporated subsidiary ("SpinCo"). The Company will continue to hold its interest in the Antofalla Salar and Pipanaco Salar lithium projects in Argentina.

t is proposed that the Spin-Out will be carried out by way of statutory plan of arrangement pursuant to the Business Corporations Act (British Columbia). Common shares of SpinCo (the "SpinCo Shares") will now be distributed to shareholders of Edison on the basis of one SpinCo Share for every eight common shares of Edison held. There will be no change in Edison shareholders' holdings in the Company as a result of the Spin-Out. If the Spin-Out is completed, shareholders will own shares in both companies, Edison and SpinCo.
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futrcash futrcash 1 year ago
https://edisonlithium.com/

futr
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Everything-EV Everything-EV 2 years ago
Lithium refining is a ‘license to print money,’ Musk says

Read the full article here
https://www.mining.com/web/lithium-refining-is-a-license-to-print-money-musk-says/

$EDDYF $EDDY .06 not for long!
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Everything-EV Everything-EV 2 years ago
SIZE DOES MATTER

One of largest land packages in the LITHIUM TRIANGLE of ARGENTINA.

Market cap $8mm cdn???
Plus dividend spinout of past producing cobalt mine in Ontario.

$2.75mm cash in bank.

Yes, everything in Canada got beat up but 7 cents is ridiculous.

AGM on July 28th.
Make sure to vote.
Call your broker if you didn't receive proxy information.

$EDDY $EDDYF
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Everything-EV Everything-EV 2 years ago
Lithium will continue to be in high demand for decades.

$EDDYF $EDDY
👍️0
Everything-EV Everything-EV 2 years ago
$EDDY $EDDYF is holding steady.

As soon as the Feds stop with their BS EDDYF will start heading in the right directio.
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ernie44 ernie44 2 years ago
COUNT me IN
👍️0
nowwhat2 nowwhat2 2 years ago
I'm in LEXI
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Alexi&x=10&y=8&time=100&startdate=2%2F4%2F2020&enddate=6%2F21%2F2022&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9


IBAT
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Aibat&x=53&y=10&time=100&startdate=2%2F4%2F2020&enddate=6%2F21%2F2022&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9



ETMC
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Aetmc&x=46&y=11&time=100&startdate=2%2F4%2F2020&enddate=6%2F21%2F2022&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9



As well as Manganese, Phosphates, Nickel, REMs and Graphite


.Do I NEED to add ANOTHER EV stock ?......EDDY ?......During these challenging times ?

Ans. Only if they posses stellar nrospects

https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=ca%3AEDDY&x=57&y=18&time=100&startdate=2%2F4%2F2020&enddate=6%2F21%2F2022&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9




.
👍️0
Everything-EV Everything-EV 2 years ago
We should have lots of great things coming to $EDDY $EDDYF in the very near future.

Keep your eye on this one as I believe it will do just that Explode to new highs, as the market begins to recover.

$EDDY $EDDYF
👍️0
nowwhat2 nowwhat2 2 years ago




So many lith stocks out there it is mind-boggling

Appreciate the heads ups
👍️0
Everything-EV Everything-EV 2 years ago
Edison Lithium Spin-Out of Cobalt Assets

Vancouver, British Columbia, May 19, 2022 – Edison Lithium Corp. (TSXV: EDDY, OTCQB: EDDYF; FSE: VV0) (“Edison” or the “Company”) is pleased to announce that its Board of Directors has unanimously approved a proposed spinout of its cobalt assets in northeastern Ontario, referred to as the Kittson Cobalt Property (the “Spin-Out”), into a newly incorporated subsidiary (“SpinCo”). The Company
will continue to hold its interest in the Antofalla Salar and Pipanaco Salar lithium projects in Argentina.

It is proposed that the Spin-Out will be carried out by way of statutory plan of arrangement (the “Arrangement”) pursuant to the Business Corporations Act (British Columbia). Common shares of SpinCo (the “SpinCo Shares”) will be distributed to shareholders of Edison on the basis of one SpinCo Share for every one common share of Edison held. There will be no change in Edison shareholders’ holdings in the Company as a result of the Spin-Out. If the Spin-Out is completed, shareholders will own shares in both companies - Edison, which will be focused on its Argentinian lithium brine projects, and SpinCo, which will be focused on cobalt exploration in Canada. The Company expects the Spin-Out will increase
shareholder value by allowing capital markets to ascribe value to the Kittson Cobalt Property independent of the Company’s lithium properties.

The proposed Spin-Out will be subject to the terms of an arrangement agreement between Edison and SpinCo, the approval of shareholders at a meeting of Edison shareholders, the approval of the British Columbia Supreme Court and the approval of the TSX Venture Exchange (the “Exchange”). The Company intends to seek a listing of the SpinCo Shares on the Exchange but no assurance can be provided that such a listing will be obtained. Listing will be subject to SpinCo fulfilling all of the requirements of the Exchange.

Nathan Rotstein, Chief Executive Officer of Edison comments, “It is our intention to build shareholder value by providing investors with an ownership stake in two separate specialized companies. Both companies will be in the hot battery metals sector. Each company will operate as a separate entity and will enjoy distinction in the exponential growth of the EV market.” In connection with the Spin-Out, the Company intends to undertake a private placement (“Private Placement”) of up to 60,000,000 subscription receipts (“Subscription Receipt”) priced at $0.05 per Subscription Receipt in order to raise gross proceeds of up to $3,000,000 (the “Escrowed Proceeds”), which will be held in escrow subject to the satisfaction or waiver of certain customary escrow release conditions (the “Escrow Release Conditions”). Each Subscription Receipt will entitle the holder thereof to receive,
upon conversion and without any further action on the part of such holder or payment of any additional consideration, one unit of SpinCo (a "Unit"), with each Unit comprised of one (1) SpinCo Share and one common share purchase warrant (each, a "Warrant"). Each Warrant shall be exercisable into one (1) SpinCo Share at an anticipated exercise price of $0.08 per SpinCo Share, for an exercise period of two years.

The conversion of the Subscription Receipts will be subject to the satisfaction or the Escrow Release Conditions, including the closing of the Arrangement and the listing of the SpinCo Shares on the Exchange, on or prior to a date to be determined (the "Outside Date"). Upon the satisfaction or waiver of the Escrow Release Conditions, the Escrowed Proceeds will be released to SpinCo. Upon receipt thereof, SpinCo is
expected to use the Escrowed Proceeds to fund exploration of the Kittson Cobalt Property and for general working capital, including, potential future acquisitions. In the event that the Escrow Release Conditions are not satisfied prior to the Outside Date, the Escrowed Proceeds will be returned pro rata to each holder of Subscription Receipts, and the Subscription Receipts will be automatically cancelled, void and of no value or effect. The Subscription Receipts and the SpinCo Shares and Warrants issuable in exchange for the Subscription Receipts will be subject to a four-month statutory hold period expiring four months and one
day from the closing date of the Private Placement.

Further details of the Spin-Out and the related Private Placement will follow by additional press releases. Timing of the Spin-Out and Private Placement will be based on prevailing market conditions. The particulars of the Spin-Out and related Private Placement are not yet final and shareholders are cautioned that there can
be no assurance that the Spin-Out and Private Placement will be completed on the terms described herein or at all.

About the Kittson Cobalt Property The Kittson Cobalt Property includes three historical producing Co-Ag mines, namely the Kittson-Cobalt Mine, Shakt-Davis and Edison (also known as Darby) Mine. These mines, unlike those in the nearby Cobalt silver camp, were developed primarily for their cobalt content, and interestingly possessed significant gold content (locally >1 oz/ton).

To view the National Instrument 43-101 compliant technical report titled “Technical Report on the Kittson-Cobalt Property” with a report date of June 9, 2021, and an effective date of July 16, 2021, as prepared by SGS Geological Service and GeoVector Management Inc. (the “Technical Report”), please visit Edison’s
website at www.edisonlithium.com. The Technical Report is also available under the Company’s profile on SEDAR (www.sedar.com).

About the Antofalla Salar and Pipanaco Salar Lithium Projects In 2021, Edison acquired Resource Ventures S.A., an Argentinian corporation that owns or controls the rights to over 148,000 hectares (365,708 acres) of prospective lithium brine claims in the province of Catamarca, Argentina. The claims are principally located in the two geological basins known as the Antofalla Salar and the Pipanaco Salar in South America’s famed Lithium Triangle. The Antofalla Salar hosts one of the largest lithium-bearing basins in the region. It is over 130 km long and
varies between 5 km and 20 km across. The Company’s assets in and around the Antofalla Salar are made up of approximately 107,000 hectares (264,397 acres) of semi-contiguous claims in the northern and southern parts of this salar.

The Company’s claims in the Pipanaco Salar consist of over 41,000 hectares (101,311 acres) of core areas in this salar. These properties are in the very early stages of exploration with minimal surface samples having been collected to date.

About Edison Lithium Corp. Edison Lithium Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium, and other energy metal properties. The Company's
acquisition strategy is based on acquiring affordable, cost-effective, and highly regarded mineral properties in areas with proven geological potential.

Edison is building a portfolio of quality assets capable of supplying critical materials to the battery industry and intends to capitalize on and have its shareholders
benefit from the renewed interest in the battery metals space.

On behalf of the Board of Directors:
“Nathan Rotstein”

Nathan Rotstein
Chief Executive Officer and Director

For more information please contact Nathan Rotstein:
Tel: 416-526-3217
Email: info@edisonlithium.com
Website: www.edisonlithium.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Disclaimer: This news release contains certain forward-looking statements. Statements that are not historical facts, including statements about Edison’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrasessuch as “may,” “will,” “will be”, “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,”, “proposes”, “contemplates”, “is/are likely to” or other similar expressions. All information
provided in this news release is as of the date of this news, and the Company undertakes no duty to update such information, except as required under applicable law. Forward-looking statements in this press release relate to, among other things: the incorporation of SpinCo, completion of the proposed Spin-Out, the completion of the proposed Private Placement, the Company maintaining its interest in the Antofalla Salar and Pipanaco Salar properties, distribution of SpinCo Shares
to Edison shareholders and the basis of such distribution, no changes occurring to Edison shareholders’ holdings, the receipt of required shareholder, court, stock exchange and regulatory approvals for the Spin-Out and Private Placement, listing of the SpinCo Shares on the Exchange, increases to shareholder value as a result of the Spin-Out, the timing of the Spin-Out and related Private Placement transactions, and the timing of additional details concerning the Spin-Out and Private Placement. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and
future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections of management on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective
parties, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: determination of acceptable terms for the proposed Spin-Out, receipt of all required shareholder, court, stock exchange and regulatory approvals for the Spin-Out; changes in the value of the Kittson Cobalt,
Antofalla Salar, and Pipanaco Salar properties; fluctuations in the securities markets, commodity pricing and the market price of the Company's common shares and CSE approval for listing of the SpinCo Shares.

Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should
they change, except as required by law.
We seek Safe Harbor.
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Everything-EV Everything-EV 2 years ago
Many New developments are on the way!

$EDDYF $EDDY
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nowwhat2 nowwhat2 2 years ago
264,000 acres Mkt cap 16.7m Cdn
Please wake me if y'see it at .15 cents Canadian (= .12 cents U.S.)

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nowwhat2 nowwhat2 2 years ago
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=ca%3AEDDY&x=44&y=15&time=100&startdate=2%2F4%2F2020&enddate=4%2F30%2F2022&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
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Everything-EV Everything-EV 2 years ago
$EDDYF $EDDY

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Everything-EV Everything-EV 2 years ago
Keep an eye out on the lithium market in general, and Edison Lithium Corp. in particular. Its ~$13 million market capitalization belies the tremendous potential of its holdings.

$EDDY $EDDYF
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Everything-EV Everything-EV 2 years ago
Edison Lithium (TSX-V: EDDY) (OTCQB: EDDYF) (FSE: VVO) is positioned at the nexus of several enticing trends. Lithium demand is through the roof with no signs of slowing down. Companies are racing to bring new production online to take advantage of the favorable market conditions. The Lithium Triangle is one of the world’s prime locations for lithium production. Edison’s claims need to be proven but have shown great potential for deep reserves, surrounding claims held by the second largest lithium supplier in the world that are thought to represent Argentina’s largest lithium resource.

Keep an eye out on the lithium market in general, and Edison Lithium Corp. in particular. Its ~$13 million market capitalization belies the tremendous potential of its holdings.
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Everything-EV Everything-EV 2 years ago
New Sources Needed

According to Fastmarkets, new projects coming online will be able to meet demand through 2025, but the next five years there could be a deficit as demand continues to skyrocket while new production levels struggle to keep up. The research firm points to Australia and the Lithium Triangle (Argentina, Chile, and Bolivia) as the most likely areas for new production. That’s where a company like Edison Lithium comes into the picture.

Such forecasts always lead to deals and consolidation as investors look to capitalize. In 2021, large mining companies closed over $9 billion worth of M&A deals for Latin American assets, and almost half of those targeted lithium. Three of the top six deals on the linked list were for Argentinian lithium assets.

$EDDY $EDDYF
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Everything-EV Everything-EV 2 years ago
Edison Lithium’s claims in the Antofalla basically surround Albemarle’s, and previous transient electromagnetic (TEM) geophysical studies of some of Edison’s claims indicate potential brine resources down to a similar depth of 500 meters. To date, there has not been a NI 43-101 technical report conducted on the claims to prove the resource. Edison’s Antofalla claims total about 107,000 hectares, or about 264,000 acres.

The company has completed an Environmental Impact Assessment for the prospecting phase of exploration of its Antofalla claims. The submission is basically a plan of work for the next phase of development as Edison moves toward confirming the lithium resources on its claims.
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Everything-EV Everything-EV 2 years ago
Argentina’s lithium zones lie just on the other side of the border with Chile, and its reserves haven’t been proven or its resources exploited nearly to the extent of its neighbors to the west.

But the potential is clearly there. One of Edison Lithium’s areas of focus is the Salar de Antofalla, in the highlands near the border of Argentina and Chile. Edison acquired claims here as part of their purchase of Resource Ventures S.A. Several other companies have claims in the area as well.

In 2016 Albemarle , the world’s second largest lithium producing company, acquired claims in the Antofalla region from Bolland Minera S.A. Bolland’s drill program had identified a substantial resource of both lithium and potassium (potash) to over 500 meters depth, suggesting that Antofalla is one of the deepest basins in the region. At the time, Albemarle believed its resource would prove to be Argentina’s largest lithium resource. The company has not announced further development of the property as it tends to more advanced operations in other regions.
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Everything-EV Everything-EV 2 years ago
Lithium in Chile and Argentina

Chile produces about 25% of the world’s lithium supply and sits on almost half of the world’s proven reserves. The country has historically been committed to mining at almost any cost, but a recent election of a new government there, combined with issues raised by indigenous populations regarding mining practices on or near their lands, has created an air of uncertainty in the country. In fact, the country is in the midst of rewriting its constitution and some of the central issues surround the influence of the country’s powerful mining industry.

Though mining in resource-rich Chile will undoubtedly remain, the regulatory landscape around the industry is in question.

$EDDY $EDDYF
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Everything-EV Everything-EV 2 years ago
One prospective lithium miner positioned to help drive increased production in Argentina is Edison Lithium Corp. (TSX-V: EDDY) (OTCQB: EDDYF) (FSE: VVO). Edison holds a total of over 148,000 hectares (~366,000 acres) of lithium claims in two prime areas of the country.

$EDDY $EDDYF
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Everything-EV Everything-EV 2 years ago
Companies around the world are scrambling to secure existing supply and create new sources for lithium. Australia, Chile, and China are currently the largest producers of lithium, with Australia greatly expanding production over the last four years or so. Argentina currently rates fourth in lithium production, increasing output by 60% in 2016 alone. The country, known for its favorable regulatory environment, may be poised for an even bigger leap over the next several years as claims increase to meet demand while neighboring Chile simultaneously debates its approach to mining.

Source: https://www.benchmarkminerals.com/

$EDDY $EDDYF
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Everything-EV Everything-EV 2 years ago
Lithium Demand, Prices Skyrocketing: New Sources Needed

Demand for lithium is increasing rapidly due to the proliferation of electric batteries dependent on the mineral. McKinsey forecasts the battery cell market will grow at a minimum of 20% per year through 2030, which would put the global value at $360 billion. Depending on market conditions and the possible positive impacts of economies of scale, the firm believes the global electric battery market could plausibly reach $410 billion by that time.

Along with rising demand and in conjunction with a relatively capped supply, lithium prices have of course skyrocketed. According to Benchmark Mineral Intelligence, the price of raw lithium rose 344.9% between January 2021 and January 2022.

$EDDY $EDDYF
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Everything-EV Everything-EV 2 years ago
This stock is gonna Rock!

$EDDYF $EDDY is way way undervalued.

Like Eddy Van Halen!

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Everything-EV Everything-EV 2 years ago
Argentina Lithium Expands Land Position at Salar de Antofalla

Look at price paid for 5,400 Ha. on same salar as Eddy.
$2.5mm U.S. over 4 yrs
$3 mm U.S. for NSR.

EDDYF has zero NSR to pay and not restrained by work commitment.

We are a real estate holding company, at the moment, while we complete our environmental impact studies.

Land in the lithium triangle of Argentina can only continue to go up.

EDDYF HAS 30 TIMES THE LAND PACKAGE

DO THE MATH.

$EDDYF
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Everything-EV Everything-EV 2 years ago
About Edison Battery Metals Corp.

Edison Battery Metals Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium and other energy metal properties. The Company’s acquisition strategy is based on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential. Edison is building a portfolio of quality assets capable of supplying critical materials to the battery industry and intends to capitalize on and have its shareholders benefit from the renewed interest in the battery metals space.

On behalf of the Board of Directors:
“Nathan Rotstein”
Nathan Rotstein Chief Executive Officer, Director
For more information please contact:
Tel: 416-526-3217
Email: info@edisoncobalt.com
Website: www.edisoncobalt.com

$EDDY $EDDYF
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Everything-EV Everything-EV 2 years ago
The Global Cobalt Market size was estimated at USD 7,647.94 million in 2020, is expected to reach USD 8,572.49 million in 2021, and is projected to grow at a CAGR of 12.45% to reach USD 17,393.70 million by 2027.

Source: https://www.businesswire.com/news/home/20220117005199/en/Insights-on-the-Cobalt- Global-Market-to-2027---Featuring-Carter-Alloys-Coal-India-and-Glencore-Among-Others-- ResearchAndMarkets.com Nathan Rotstein, CEO, commented: “The Edison Cobalt mine has not had exploration for well over 100 years. It was locked up in the family trust of the Edison family until it was acquired by us in 2018. We are hoping to have some very significant results come out of it. While the company remains laser focused on our Argentinian lithium story, the dividend value of our cobalt assets are compelling and present significant unlocked value especially in light of current cobalt pricing amidst the EV revolution taking place.”

$EDDY $EDDYF
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Everything-EV Everything-EV 2 years ago
Cobalt Market

The EV industry continues to be the key driver for cobalt, with demand increasing this past year on the back of higher sales from key regions such as Europe. Although cobalt investors have been worried about LFP cathodes picking up pace; according to CRU, cobalt demand continues to increase, with structural deficits expected to emerge in the cobalt market from 2025. CRU also continues to see the battery market dominated by both NCM and LFP chemistries for EV applications, with NCM holding ground for longer-range, larger and higher-performance vehicles, particularly in Europe, which will continue to drive cobalt demand.

Benchmark Mineral

Page 2 of 3

Intelligence expects cobalt demand from the battery sector to grow by over 30 percent in 2022, supported by new EV model launches and governmental legislation; with demand from other segments to also improve throughout the year. Analysts believe that cobalt prices are likely to stay strong in 2022, and although going forward prices may be subjected to cyclicality, we are unlikely to see prices collapse like they did in 2018/2019. Source: Investingnews.com

$EDDY $EDDYF
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Everything-EV Everything-EV 2 years ago
Location and Historical Data
The Project is located near the town of Cobalt in northeast Ontario, Canada. The Project hosts the historic Thomas Edison, Shakt-Davis and Cobalt-Kittson mines, as well as numerous historic workings, the deepest extending down to 628 feet, and over 2,500 feet of lateral workings.

Cobalt mineralization occurs in Proterozoic-aged quartz-carbonate veins hosted in brittle shears in Nipissing diabase. This style of mineralization is similar to that of the famous Cobalt Silver Camp Located ~15 km east of the Property, which produced 420 million ounces of silver with cobalt as a significant by-product.

Veins hosting the mineralization at the Kittson-Cobalt Project differ from the typical Cobalt Silver Camp veins in that they are lower in silver but richer in cobalt, and are associated with significant gold. Historic reports from the Shakt-Davis mine
indicate values of 1.5% Co over 1.37 meres and select grab samples returning up to 4% Co and 93.3 g/t Au. Locally significant nickel, copper and to a lesser extend lead, zinc and bismuth also occur within the quartz-carbonate veins.

$EDDY $EDDYF
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