CANADA LITHIUM TO BE FOCUS IN CBC TELEVISION NEWS FEATURE
TSX: CLQ; U.S. OTCQX: CLQMD
TORONTO, Aug. 27 /CNW/ - Canada Lithium Corp. (TSX: CLQ; U.S. OTCQX: CLQMD) will be featured tonight on CBC TV's The National at 10 p.m. (EST). Earlier this week, CBC Business Reporter Havard Gould and a film crew were on-site at the Company's Val d'Or lithium project during a site visit arranged by the Company for investment advisers and analysts.
The Company invites its Canadian shareholders to tune in. The feature will also be aired at 9 p.m. on CBC's Newsworld. (Please note, the feature could be bumped should major breaking news occur.)
About Canada Lithium Corporation
Canada Lithium Corp. is a Canadian-based "clean tech" mine developer trading under the symbol CLQ on the TSX and on the U.S. OTCQX market under the symbol CLQMD or CLQMF. The Company is in the midst of a definitive Feasibility Study (FS) by engineering firm BBA Inc. of Montreal on its Quebec Lithium Project near Val d'Or, the geographical heart of the Quebec mining industry. A positive FS would lead to construction of an open pit mine and processing plant capable of producing by late 2012 approximately 43 million pounds of battery-grade lithium carbonate to meet the growing needs of the emerging global market for electric and hybrid electric vehicles. It has an agreement with Japanese metals trading firm, Mitsui and Co. Ltd., to market a portion of Canada Lithium Corp.'s product in China, Korea and Japan. Metallurgical tests have produced battery-grade lithium from deposit samples.
Neither the TSX Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking Information
The statements made in this press release may contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of Canada Lithium Corp. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of Canada Lithium Corp. management as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the Company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the Company. Canada Lithium Corp. disclaims any obligation to update information contained in any forward-looking statement.
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