Canada Lithium Corp

Published : July 06th, 2011

Announces Key Personnel Appointments and Equipment Purchases For

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

Canada Lithium Announces Key Personnel Appointments and Equipment Purchases For Qu�bec Lithium Project

TSX: CLQ; U.S. OTC: CLQMF

TORONTO, July 6, 2011 /CNW/ - Canada Lithium Corp. (TSX: CLQ) (OTCQX: CLQMF) announced today it has filled three senior management positions and placed key orders for both process plant and mine equipment as the $202-million Qu�bec Lithium Project near Val d'Or, Qu�., enters the construction phase.

Donald Blanchet, P.Eng., MBA, has been appointed Vice President, Sustainable Development, in charge of project environmental approval processes, as well as supervising all aspects of site environmental works.   M. Blanchet has over 25 years of experience in civil engineering and environmental protection and has considerable experience in major-project permitting and construction.  Before joining Canada Lithium, he was Director of GENIVAR Inc.'s Amos, Qu�., office.  He also worked previously as a vice president for Pellemon Inc. and SNC-Lavalin.

Jean Luc Bernier, P.Eng., M.Sc., has been appointed Metallurgical Superintendent. M. Bernier, a chemical engineer with over 30 years of metallurgical experience, worked previously with Rio-Tinto-Alcan in the development of new technologies, overseeing construction of new facilities and operations management.  Among other things, he was involved in the development of aluminum-lithium alloy technology for Alcan.

Construction of Canada Lithium's mine and plant will be overseen by Marco Plourde, the Project's new Construction Superintendent.   M. Plourde has for the past 30 years supervised and managed dam construction, earthworks and open-pit mine operations in Canada and around the world, including postings as mining superintendent for Goro Nickel in New Caledonia, Canadian Royalties in Qu�bec and Essakane in Burkina Faso.  Prior to joining Canada Lithium, M. Plourde was General Superintendent for Agregat RN, working on the Osisko mining project near Val d'Or.

"We are delighted to welcome on board Messrs. Blanchet, Bernier and Plourde," said Charles Taschereau, Chief Operating Officer. "We will now move rapidly into the construction phase of project development, with site preparation scheduled to commence in mid-August 2011."

The Company also announced that key orders have been placed with suppliers for both the processing plant and the mining operation. Orders for the process plant's long-lead-time items, such as the ball mill, rod mill and kiln, have now been confirmed with Metso Inc.  The ball and rod mills will be built in Montreal and the kiln will be sourced in the U.S.

For the mining operation, the initial order for three, 91-tonne Caterpillar mine-haul trucks has been placed with Hewitt Equipment Limited in Qu�bec.

About Canada Lithium Corp.

The Company holds a 100% interest in the Qu�bec Lithium Project near Val d'Or, the geographical heart of the Qu�bec mining industry. The Company plans to build an open-pit mine and processing plant on-site with capacity to produce approximately 20,000 tonnes of battery-grade lithium carbonate. Metallurgical tests have produced battery-grade lithium carbonate samples. The Company trades under the symbol CLQ on the TSX and on the U.S. OTCQX under the symbol CLQMF.

Cautionary Statement Regarding Forward-Looking Information

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".

Forward-looking information is based on reasonable assumptions that have been made by the Corporation as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Corporation to be materially different from those expressed or implied by such forward-looking information.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information.  Accordingly, readers should not place undue reliance on forward-looking information. The Corporation does not undertake to update any forward-looking information referenced herein, except in accordance with applicable securities laws.


%SEDAR: 00007891E

For further information:

Peter Secker, President and CEO (416) 361-2821
Olav Svela, Director, Investor Relations (416) 361-2821 or (416) 479-4355 or email osvela@canadalithium.com
Christine Stewart, Renmark Financial Communications Inc. (416) 644-2020 or email cstewart@renmarkfinancial.com
Please visit the Canada Lithium website at www.canadalithium.com.
Corporate Office: 401 Bay Street, Suite 2010, P.O. Box 118, Toronto, ON, M5H 2Y4

.
Data and Statistics for these countries : Burkina Faso | Canada | New Caledonia | All
Gold and Silver Prices for these countries : Burkina Faso | Canada | New Caledonia | All

Canada Lithium Corp

DEVELOPMENT STAGE
CODE : CLQ.TO
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Canada Lithium is a gold development stage company based in Canada.

Canada Lithium develops gold and lithium in Canada, and holds various exploration projects in Canada.

Its main asset in development is QUEBEC LITHIUM in Canada and its main exploration property is TULLY GOLD in Canada.

Canada Lithium is listed in Canada. Its market capitalisation is CA$ 86.9 millions as of today (US$ 66.6 millions, € 56.3 millions).

Its stock quote reached its lowest recent point on December 26, 2008 at CA$ 0.05, and its highest recent level on December 31, 2010 at CA$ 6.69.

Canada Lithium has 362 204 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of Canada Lithium Corp
2007 Annual report
Financings of Canada Lithium Corp
9/22/2008Private Placement 1st Tranche Closes
Nominations of Canada Lithium Corp
8/12/2013Appoints Former FMC Process Plant Manager at Val d'Or Proces...
6/1/2012Appoints General Manager; Process Plant Manager
3/21/2012Appoints Former Senior
12/1/2011Provides Update on Québec Lithium Project; Appoints Vice
1/24/2011(Quebec Lithium)Appoints Quebec-based GENIVAR
5/12/2010Appoints BBA Inc. to conduct
10/7/2009Appoints New CFO and Investor Relations Direc
Project news of Canada Lithium Corp
10/4/2013Announces Project Update
6/20/2013Project Update
4/4/2013Announces Project Update
3/20/2013Announces Water Discharge; Mine and Plant Commissioning Cont...
1/31/2013Provides Project Update
1/7/2013Goes 'Prime Time' Tonight on Discovery Channel
8/23/2012Announces Project On Track for Year-end Commissioning; Lithi...
7/10/2012Project Update: Major Process Equipment Received; Full-time ...
4/23/2012Secures C$92-million financing; long lead-time equipment arr...
9/23/2011Announces Drill Results including 32 metres grading 1.29% Li...
8/25/2011Announces Drill Results and Permitting Update
7/6/2011Announces Key Personnel Appointments and Equipment Purchases...
6/21/2011Files NI 43-101 Compliant Feasibility Study Technical Report...
5/30/2011(Quebec Lithium)Granted Construction Permit for Québec Lithium Project
5/2/2011(Quebec Lithium).: Default Announcement Pursuant to National Policy 12-203
4/11/2011(Quebec Lithium)to Vigorously Defend Lawsuit
3/17/2011(Quebec Lithium)Appoints AMC Mining
3/13/2011(Quebec Lithium)Provides Background Information on the Quebec Lithium Projec...
2/28/2011(Quebec Lithium)Canada Lithium Appoints Quebec-based GENIVAR Inc. to Manage ...
7/6/2010(Quebec Lithium)Project update; drilling intersects 66.3 metres grading
3/22/2010(Quebec Lithium)plans 42.6-million-lb-per-year lithium carbonate mine by lat...
3/4/2010(Quebec Lithium)Completes 43-101 resource estimate
1/20/2010(Quebec Lithium)Intersects higher-grade lithium and confirms depth potential...
11/2/2009(Quebec Lithium)Doubles Conceptual Target Estimate To 29-30 Million Tonnes G...
Corporate news of Canada Lithium Corp
1/21/2014Sirocco and Canada Lithium announce new
12/24/2013Receives $10-Million Bridge Loan
12/4/2013Sirocco and Canada Lithium combining to form
11/18/2013Posts Milestone Achievement with First Continuous Lithium Ca...
11/13/2013Completes $14.4-Million
10/22/2013Announces $12.5 Million Bought Deal Public Offering
9/16/2013(Quebec Lithium)Resumes Commissioning of Quebec Lithium Plant
9/3/2013Announces $5-Million Prepayment from Off-take Partner Tewoo-...
8/29/2013To Vigorously Defend Against a Class Action Lawsuit Related ...
8/21/2013Announces Process Plant Maintenance/Upgrade Program; Commiss...
7/24/2013Produces Battery-Grade Lithium Carbonate in Initial Sample
7/5/2013Announces Completion of
7/2/2013Produces Initial Run of 99.1% Lithium Carbonate; Awarded ISO...
5/15/2013Completes Offering of $27.6
5/10/2013announces grant of option to
5/7/2013Announces CSA Approval to Operate its Process Plant Kiln
4/29/2013Announces $21.1 Million Convertible Debenture Bought Deal Fi...
4/22/2013Commissioning Update
4/12/2013Announces Project Update and Appointment of New CFO
3/27/2013Announces Results of Water Discharge Tests; Metal Levels Wit...
3/25/2013Completes $15 Million Offering
2/15/2013Granted up to $6.5 million for Lithium Metal Pilot Plant fro...
1/10/2013Signs Off-take Agreement with Marubeni for up to 5,000 tonne...
10/29/2012Completes Initial Debt Drawdown; Commences Tailings Construc...
10/11/2012Completes Updated Feasibility Study; Significant Increase in...
6/6/2012Announces Closing of
6/4/2012Announces Receipt of
5/30/2012Closes $30 Million Equity
5/23/2012Announces Pricing of $30
5/1/2012Announces Filing of
3/1/2012will be attending the 2012 Prospectors and Developers Associ...
3/1/2012has recently been in the news following the announcement of ...
2/13/2012Announces C$75-million Debt
10/25/2011featured in prestigious mining publication
6/13/2011Confirms Québec Lithium
6/13/2011Confirms Québec Lithium Mine Viability; Schedules Site C...
5/16/2011Announces Revised Mineral
8/10/2010Signs Purchase Agreement to Sell Tully Gold Prospect
7/26/2010Chosen for world's first
6/29/2010Read all about it: Canada Lithium adds electric-vehicle news...
6/23/2010Listed on Senior TSX Exchange
5/18/2010Gains Listing on U.S. Trading
3/29/2010CEO sees soaring demand as electric vehicles gain popularity
11/23/2009launches pilot-scale metallurgical test; undertakes review o...
11/5/2009Focuses on Advanced Quebec Project; Relinquishes Interest in...
10/14/2009Initiates Environmental Impact Study
10/5/2009And Gold Summit Complete Drilling at Nevada
9/30/2009Produces 99.6% Battery-Grade Lithium From Tes
9/5/2008Debenture Redemption
9/5/2008BLK Sale to Cuprus of Ferro and Wekusko Options
9/5/2008BLK Sale to Cuprus of Ferro and Wekusko Options
9/5/2008BLK Sale to Cuprus of Ferro and Wekusko Options
8/19/2008 Debenture Redemption
6/25/2008Acquires Nevada Lithium Brine Prospect
10/17/2007Final batch of results from Glacier drilling and further pro...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TORONTO (CLQ.TO)
0.240-5.88%
TORONTO
CA$ 0.240
11/05 15:19 -0.020
-5.88%
Prev close Open
0.255 0.245
Low High
0.240 0.245
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.240 -%
Volume 1 month var.
31,800 -%
24hGold TrendPower© : -37
Produces
Develops Lithium
Explores for Gold
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 2/22/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
202020.00%0.360.10
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.82+1.36%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.11+2.21%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.55-0.90%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06-8.33%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.47+3.78%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.25-3.42%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.20+5.26%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.79-3.76%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.57+0.84%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+5.88%Trend Power :