TradingCharts
11 hours ago
Libor Michel, probably sold shares after he left.
Jacob Warnock, keeps buying shares. My gut tells me the DLE went to a company that he owns shares in or owns the property...
It's the only name I feel like spending time researching.
I hope the cash raise is a good sign things are getting dialed in with the DLE...
I have a new drone with some range. I should take a drive to Utah and California, and do a few fly overs...
https://sedar-filings-backup.thecse.com/00033147/2404261653531815.pdf
The proceeds of the Private Placement will used by the Company to meet current obligations for the deployment of its modular direct lithium extraction
plant (the "DLE Plant") in the western United States as previously announced on January 11, 2024, and for general working capital purposes.
The Company expects that the Private Placement will close on May 2, 2024. The Company further intends to complete additional private placement
financing of up to USD$15.8 Million, which may be completed on similar terms of the Private Placement. The securities issued under the Private Placement
are subject to a statutory hold period of four months from the date of issuance under Canadian Securities laws and will be restricted securities under the United States Securities Act of 1933.
The Company also announces that Libor Michel ceased to be a CEO of the Company in early April of this year with Garry Flowers resuming his role as
sole CEO.
The Company also announces that it will not longer be proceeding with its previously announced (January 29, 2024) marketed private placement offering with Stifel Canada and BMO Capital Markets.
MI 61-101 Disclosure
EV Metals VI LLC, a private company controlled by Jacob Warnock, a director of the Company, or an affiliated company (collectively, "EV Metals"), will
participate in the Private Placement to acquire a minimum of 3,846,913 Units for gross proceeds of at least USD $2.2 million. The participation of EV
Metals in the Private Placement constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 – Protection of Minority
Security Holders in Special Transactions ("MI 61-101"). The Company is relying upon exemptions from the formal valuation and minority shareholder
approval requirements of MI 61-101 pursuant to sections 5.5(b) and 5.7(1)(a), respectively - Fair Market Value Not More Than 25 Per Cent of Market
Capitalization, on the basis that at the time the Private Placement was agreed to, neither the fair market value of the Units to be distributed pursuant to the Private Placement to EV Metals, nor the consideration to be received for those Units, will exceed 25 per cent of the Company's market capitalization. The
terms of the Private Placement were negotiated with a special committee of directors of the Company, all of whom are independent for the purposes of MI
61-101. The Board of Directors of the Company has unanimously approved the Private Placement and no materially contrary view or abstention was
expressed or made by any director in relation to the Private Placement. The Company did not file a material change report in respect of the participation of
EV Metals in the Private Placement at least 21 days before closing of the Offering as the participation of the EV Metals was not determined at that time.
TradingCharts
2 days ago
Date: April 26, 2024 Is this an updating or amending Notice: Yes XNo
If yes provide date(s) of prior Notices: N/A
Issued and Outstanding Securities of Issuer Prior to Issuance: 211,381,450
Pricing
Date of news release announcing proposed issuance: April 26, 2024 or
Date of confidential request for price protection:
Closing Market Price on Day Preceding the news release: or
Day preceding request for price protection: CAD$0.94
Closing
Number of securities to be issued:
· up to 14,647,900 units (each unit comprised of one common share and one common share purchase warrant exercisable for a two year period at an exercise price of CAD$0.9579); and
· up to an additional 375,129 common shares.
Issued and outstanding securities following issuance: 226,404,479
https://thecse.com/listings/international-battery-metals-ltd/
le-bon ton-roule
3 days ago
Bird Brain, I always considered you an asshole snowflake not worth reading your post, you proved me wrong. Now I know you're a brown nose little kiss ass snowflake to Johnny boy. You really are a loyal little minion to your dictator. Yessum Mr. Johnny I be's here boss….
Your family would be ashamed of you if they find out how much of a weasel you are hiding behind closed doors on discord admin.
You need to get with Johnny and make the road trip to Louisiana with him,I believe he's coming to La. for the Decadence Festival. Then you can tell me face to face what you want to to say. I'll bring a step stool since I'm 6'5 and you can look me in the eye instead of hiding in discord admin.
Little creepy that you're stalking me and monitoring what I do. Awesome that I was able to manipulate you to get some shares in indigo, are you still upside down on IBAT?
Your life is that pitiful you have nothing better to do, what are you a pervert or something.
The maggots blocked me from discord because they can't handle the truth and need a place to act like ginny women to gossip and come over to ihub and entertain me. It's priceless that I still have access into discord admin.
D8c00p3r
4 days ago
Rumor has it, CTR got a turbine finally built and it'll be a few months before it starts to integrate. Amazing start, I remember not so long ago they were commercializing a few times.
Energy source and got smart, decided to sell their absorbent to liveny
Then there's BHE who knows geothermal is the way to go until all the morons sort themselves out for another decade as that brine is never going to be economical again.
Even when the burbs had his demo at simbol, the nearly identical market conditions then had 0 appetite to advance the project.
Yet here we are staring at uneconomical dle prices, some random Cajun conjecture and sqm brought adionics on board. Slap in the burba face! 10 years later SQM says OK demand is here now hahahhaha
le-bon ton-roule
6 days ago
April 22,2024 A similar DLE process has also drawn the interest of billionaire Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK-A) (NYSE:BRK-B), but in California’s Salton Sea instead of South America’s Lithium Triangle. Through its subsidiary Berkshire Hathaway Energy Renewables (‘BHE Renewables’), the company is planning for 2026 as its goal for producing lithium as a byproduct of existing geothermal energy production in the region.
BHE Renewables already runs a fleet of 10 geothermal plants in the Imperial Valley. After constructing a DLE demonstration plant to assess the viability of lithium extraction, the company plans to go on to potentially build a commercial-scale facility with a projected annual capacity of 90,000 metric tons of lithium.
It’s worth noting, however, that an initial $15M grant from the US Department of Energy was initially awarded to BHE, only to be quietly rescinded just weeks later. After 13 months of negotiations between the company and the government, talks stalled as Berkshire sought control over patents, changes to technology, and whether it could one day sell the lithium business, even after the government helped build it, as reported by Reuters.
My opinion looks like everything is a go now that the 11th geothermal demonstration lithium plant has been proven successful. Keep in mind Berkshire has 3 more geothermal plants under construction. It will take a proven technology to produce 90000 metric tons. Looking forward to seeing who the technology is.
This one line seems like Buffets referencing a proven dle tech in South America (only one proven DLE tech that I know of in S.A.) will also work in the Salton Sea.
"A similar DLE process has also drawn the interest of billionaire Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK-A) (NYSE:BRK-B), but in California’s Salton Sea instead of South America’s Lithium Triangle"
https://www.baystreet.ca/articles/yahoonews.aspx?id=3345
gregcod
7 days ago
On Feb, 29, 2024, IBAT (CAD), is pleased to announce the private placement financing with EV Metals, in which it issued 2,702,400 Units of the companys shares at a price 0f C$1.00 per unit(share) for gross proceeds of USD 2 million.(initial closing)....There will be no RS for IBAT(IBATF)..got Michel Libor on board..and many of the board members own a ton of shares of their own company..thats what seems to be a huge sign of good things to come from our first contract client in the Western US( US Mag ? )...Seems logical that our stock is devalued at a 52% discount.IMO..In May or June..you will see IBATF stock at above $1.42 or higher..possibly $2.74..Just my opinion. but that plant in Western US will start to soon produce LiBi in june or shortly thereafter..The first Commercially DLE of its kind should garner lots of attention from the Big Boys..Jon Baker says IBATs tech works..then it works..SLR & Greg Mehros validated the IBAT process to be quite commercially positive, environmentally friendsly, little land required for DLE mobile plant(2.3 acres),97% of the water is recycled, little of no use of chemicals used.. The Absorbant material and tech can handle all types of brines as testing results stated..quick to build model MDLE 1 plant(6 months or less) ..New patents in place..Revenue is Coming along with more contract clients. Let the good times roll..IMO..its coming $oon!
Oleblue
1 week ago
AI to spark 10-year Supercycle in Critical Minerals, The Oregon Group forecasts
CNW Group
Mon, Apr 22, 2024, 9:30 AM EDT
TORONTO, April 22, 2024 /CNW/ - The explosion of Artificial Intelligence (AI) is expected to trigger a 10-year critical mineral supercycle, according to a new report. The Oregon Group predicts the massive energy needs of new AI data centers will increase pressure on mineral supply chains already under strain to meet global net-zero targets.
The report examines key trends affecting the growth across the sector, including:
nuclear energy and uranium
renewable energy and battery metals, including cobalt, graphite, lithium, nickel, manganese, rare earths, fluorspar
expanding electricity grids driving copper demand
and tin, essential for soldering across the tech revolution
This growth in demand is driven by a potent combination of technology companies, consumer and business demand, and government support, all racing to maintain a global cutting edge.
The large tech companies are betting hundreds of billions on new data centers — Amazon plans to spend US$150 billion over the next 15 years on data centers — as they are already facing challenges to their ambitions of AI growth.
Years of underinvestment in new mines, concentrated supply and processing in high-risk regions, as well as rising demand for minerals to meet net-zero targets, means supply will struggle to keep pace with the potential AI demand that is only now starting to be appreciated.
The report highlights NVIDIA's soaring stock price, a proxy for investment in the AI revolution, as a signpost that the supercycle is already underway.
McKinsey forecasts generative AI has the potential to generate value equivalent to $2.6 trillion to $4.4 trillion in global corporate profits annually.
The combined incentives of significant corporate profits, technological advancements, environmental restrictions and consumer pressure, will overcome many of the obstacles to investment across the sector, even those hindering net-zero targets.
To learn more about the new critical mineral supercycle and key trends, you can access The Oregon Group's new report, entitled "Artificial Intelligence and the next Critical Mineral Supercycle" by visiting our dedicated website section for the market report.
About The Oregon Group
The Oregon Group is an investment research company focused on a variety of key investment trends related to critical commodities, technology and the energy transition.
https://finance.yahoo.com/news/ai-spark-10-supercycle-critical-133000334.html
gregcod
1 week ago
Its all coming to a theater near you! Soon details will prove D8c00p3r to be right, as I believe he is right based on facts, not delusion..No offense but we all all here, and the party will start withing the upcoming weeks, months, as the company(s) grow together..Together we are, so we should play nice.. Money talks, bulshit walks as we need news, deals, and revenue..Projected revenue will move the pps up in a heartbeat..IMO. Whats Up Doc? We want some carrots..
TradingCharts
1 week ago
About Author:
Prakhar Panchbhaiya
Senior Content Writer at Procurement Resource
Prakhar Panchbhaiya is an accomplished content writer and market research analyst. With over 4 years of experience in content creation and market analysis encompassing many industries, including pharmaceuticals, nutraceuticals, biochemistry, healthcare, ed-tech, and Food & Agriculture, he has been creating quality content for multiple sectors. He is a Biochemistry major with sturdy backing in a PG diploma in digital marketing, helping in the exhaustive content creation based on extensive research and competitive marketing.
Prakhar Panchbhaiya
Content Marketing| Market/Consumer Research & Analysis | Market Intelligence- Procurement & Supply Chain | Green and Sustainability Crusade
https://www.linkedin.com/in/exorbitant/
gregcod
2 weeks ago
I believe that Burba stated that IBATS patented DLE absorbant material can be dialed in to the particular brine to differentiate and extract whatever they want...lithium,sulfer,copper,silver,gold, magnesium, zinc,etc..the process has been bested in the recent year .Galvanic was not the only brine that it tested at the St.charles plant..The DLE worked with many different levels of concentrations in the brines admirably..Testing results that Exxon Mobil and Chevron got thru Brent Wilson(CEO Galvanic Energy), and thru the SLR Validation proved that IBATs is what Burba has said it was and some..
As Quoted in an article with Exxon mobil, Stellantis, General Motors, and others have poured in hundreds of millions of dollars into DLE research developement..Our window of opportunity does not last long...says Chris Doornbos, CEO of E3 , which is developing a Canadian DLE project with support from Exxon Mobil subsidiary Imperial Oil..He says we must get commercialized now!..As far as we know we are the very first, or one of the few..IBATs commercialized DLE that has been tested positively by two leading mining /survey companys, SLR, and Greg Mehros Group....and we have our first contract customer in western US already vamping up the IBAT plant, upscaled up to producing 8,000 metric tons of Lithium Bi per year or more..producing lithium as early as June with that term sheet contract customer in western US? Soon we will know who that customer is..? ..; The new patents provide more details about the added pumps, pipes, and new bested absorbant material.. Salton Sea(BHE) or US Magnesium, Argentina or Chile..Arkansas Smackover with Exxon Mobil.. ?? Whoever they be..Multiple partners/contracts seem probable ..The sooner the Better.IMO..Burbas MDLE can handle different brines as he stated..dial it up Doc!