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Keywords :   Lithium |

Western Lithium Grants 100.000 Stock Options to an officer and employees

 

Vancouver, Canada:  Western Lithium USA Corporation ( Western Lithium  or the  Company , TSX-V: WLC; PK: WLCDF) has granted incentive stock options to an officer and employees of the company for the purchase of up to 100,000 common shares of the Company, at a price of $1.11 per share, for a five year period.

 

Western Lithium is developing the Kings Valley, Nevada lithium deposit into potentially one of the world s largest(1) strategic, scalable and reliable sources of high quality lithium carbonate.  The Company is positioning itself as a major U.S.-based supplier to support the rising global demand for lithium carbonate that is expected from the increased use of hybrid/electric vehicles.

 

For further information contact:

Western Lithium USA Corporation

Cindy Burnett, Investor Relations

Telephone: 604-331-9842

Email:    info@westernlithium.com
Website:
www.westernlithium.com

 

(1)    Western Lithium has completed National Instrument 43-101 resource estimates on two portions of the property, one of which is envisioned for the initial stage of mine development.  These resources cover part of the mineralization from a historical estimate of 11 million tonnes of lithium carbonate equivalent (LCE) prepared by Chevron Resources Corp. in the 1980s that encompasses all of the King s Valley lithium lens deposits identified to date, and ranks in size behind deposits in Bolivia (47 million tonnes LCE), Chile (37 million tonnes LCE), North Carolina (14 million tonnes LCE) and the DRC (12 million tonnes LCE).  Source:  R. Keith Evans, 2010; Roskill Information Services Ltd., 2009; and company disclosures.  A qualified person has not done sufficient work to classify the historical estimate as current mineral resources under National Instrument 43-101, the Company is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon. 

 

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

 

 

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CODE : WLC.TO
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In the News and Medias of Western Lithium
5/10/2013U.S.patent awarded for Western Lithium’s lithium extraction ...
12/15/2011Positive pre-feas from Western Lithium
3/11/2010Western Lithium looking for strategic partners for Nevada mi...
Annual reports of Western Lithium
2009 Annual Report
Financings of Western Lithium
2/6/2013Completes Royalty Financing
10/21/2009Completion of Private Placement
Option Grants of Western Lithium
1/29/2011Grants 1,000,000 Stock Options
12/20/2010Western Lithium Grants 100.000 Stock Options to an officer a...
7/15/2010Grants Stock Options
12/17/2009Grants Stock Options
Nominations of Western Lithium
6/18/2012APPOINTS NEW CHAIRMAN
6/15/2012Appoints John Macken as New Chairman
4/1/2011Appoints two Vice Presidents and a Director and Reports on R...
9/15/2010Appoints Jay Chmelauskas to Board of Directors
4/1/2010Appoints Dr. Graham R. Thompson to Advisory Committee
2/8/2010Appoints Corporate Secretary
12/15/2009Appoints Sr. VP, Project Development To Advance Its Lithium ...
Project news of Western Lithium
1/29/2011(Kings Valley)Commences Pre-Feasibility Study
12/19/2010(Kings Valley)to Purchase Royalties and Mineral Property Titles from Weste...
11/18/2010(Kings Valley)Upgrades Stage I Lithium Resource to Potentially Support Hig...
1/12/2010(Kings Valley)Positive Scoping Study Results Support Major USA Based Lithi...
Corporate news of Western Lithium
6/13/2013Orders Lead Time Items to Start Construction of Hectatone(TM...
5/9/2013Receives USA Patent for Lithium Extraction Process
4/2/2013Proceeds with Environmental Assessment and Detailed Engineer...
10/11/2012Initiates Permitting for Specialty Hectorite Commercial Clay...
9/14/2012Provides Update on Commercial Clay and Lithium Strategy
2/5/2011Graduates to TSX
12/19/2010Produces 99.5% to 99.9% Lithium Carbonate from Initial Pilot...
6/21/2010Reports on Results of Annual Meeting
5/28/2010Changes Name to Western Lithium USA Corporation
3/29/2010Announces Formation of Advisory Committee and Resignation of...
2/5/2010Named as Part of TSX Venture 50
10/23/2009to Acquire Rocky Mountain Resources
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TORONTO (WLC.TO)
0.150+0.00%
TORONTO
CA$ 0.150
06/19 14:11 -
0%
Prev close Open
0.150 0.150
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0.150 0.155
Year l/h YTD var.
0.130 -  0.220 7.14%
52 week l/h 52 week var.
0.120 -  0.220 -11.76%
Volume 1 month var.
33,400 -11.76%
24hGold TrendPower© : -41
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