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Lithium Ionic Announces Upsize of Non-Brokered Private Placement to $15 Million
Globenewswire· 2025-09-25 16:09
Core Viewpoint - Lithium Ionic Corp. has announced an upsized non-brokered private placement due to strong investor demand, aiming to raise up to $15 million through the issuance of units priced at $0.70 each [2][4]. Group 1: Offering Details - The upsized offering will consist of up to 21,428,571 units, each comprising one common share and one warrant [2][3]. - Each warrant allows the holder to purchase one common share at an exercise price of $0.90 for a period of 24 months following the offering's completion [3]. - The first tranche of the offering is expected to close around September 29, 2025, pending necessary approvals [4]. Group 2: Use of Proceeds - The net proceeds from the upsized offering will be allocated for exploration and development of the company's Brazilian properties, as well as for general corporate purposes [4]. Group 3: Company Overview - Lithium Ionic Corp. is a Canadian mining company focused on exploring and developing lithium properties in Brazil, particularly the Itinga and Salinas projects, which cover 14,668 hectares in a promising mining region [6]. - The Itinga Project is located near established lithium operations, including CBL's Cachoeira lithium mine and Sigma Lithium Corp.'s Grota do Cirilo project, which is noted for hosting the largest hard-rock lithium deposit in the Americas [6].
Top Stock Movers Now: Intel, IBM, Oracle, Lithium Americas, and More
Yahoo Finance· 2025-09-25 15:20
Company Insights - Intel shares surged following a report that the chipmaker is seeking an investment from Apple [3][4] - IBM shares gained after HSBC indicated that quantum computing could enhance predictability in bond trading outcomes [3] - Lithium Americas shares continued to rise on indications that the Trump administration is considering taking a stake in the lithium miner [3] Market Performance - Major U.S. equities indexes, including the Dow, S&P 500, and Nasdaq, experienced losses for the third consecutive day as investors reacted to various economic indicators [2][4] - CarMax was the worst-performing stock in the S&P 500 after reporting weaker-than-expected results, with CEO Bill Nash describing the quarter as "challenging" [2][4] - Oracle shares declined after Rothschild Redburn analysts initiated coverage with a "sell" rating, suggesting that the market is overestimating the company's revenue outlook [2]
LAC Stock Doubles as Trump Seeks Stake in Lithium Americas. Options Data Tells Us It Could Be Headed Here Next.
Yahoo Finance· 2025-09-25 14:58
Core Viewpoint - Lithium Americas (LAC) shares have surged over 12% following reports of President Donald Trump seeking an equity stake in the company, which is currently renegotiating a $2.2 billion loan for its Thacker Pass mine [1][2]. Group 1: Stock Performance and Market Reaction - LAC stock closed up 95.8% on Wednesday and has increased nearly 200% from its year-to-date low [1][2]. - The potential federal equity stake is seen as a strategic endorsement of LAC's role in securing domestic lithium supply, which is critical for the electric vehicle (EV) battery supply chain [3][5]. Group 2: Federal Support and Implications - A small equity stake in exchange for extending loan repayment could reduce taxpayer risk, according to a U.S. official [2]. - A deal with the Trump administration could derisk the Thacker Pass project, attract institutional capital, and expedite regulatory approvals, reflecting bipartisan urgency to counter China's dominance in critical minerals [4]. Group 3: Future Projections and Options Data - Options data suggests significant upside potential for LAC shares, with an implied trading range of $3.99 to $9.74 for January 2025 expiration [6]. - The expected price movement through October 17 is 33.58%, with an upper price target of $9.10, indicating potential volatility but a favorable outlook if federal support materializes [6][7]. Group 4: Analyst Sentiment - Wall Street analysts currently maintain a positive stance on Lithium Americas stock, indicating confidence in its future performance [9].
美股异动 | Lithium Americas(LAC.US)续涨超17% 2天暴涨130%
智通财经网· 2025-09-25 13:51
智通财经APP获悉,周四,Lithium Americas(LAC.US)逆势续涨超17%,2天暴涨130%,报7.06美元。消 息面上,9月24日媒体报道,特朗普政府寻求获得Lithium Americas高达10%股权,作为重新谈判22.6亿 美元美国能源部贷款的一部分。此外,Lithium Americas正开发Thacker Pass锂矿项目,项目总成本30亿 美元,截至2025年6月30日已投入5.74亿美元,施工现场有300名建筑工人。Thacker Pass项目预计2028 年开始生产,年产能40,000吨碳酸锂当量,可满足80万辆电动汽车需求,是美国关键矿产战略项目。 ...
SPX Crucial Level, INTC Pursues AAPL Investment
Youtube· 2025-09-25 12:37
Market Overview - The market has shown some weakness recently, but September is expected to finish better than anticipated, aligning with seasonal trends [1][2] - Defensive positioning is noted in the S&P 500, with selling pressure observed in major stocks, particularly Nvidia and Oracle [2][3] - The VIX index is currently around 17, indicating increasing market volatility [3] S&P 500 Futures - A critical level for the E-Mini S&P 500 futures is identified at 6600; failure to hold this level may lead to a reversal of last week's gains [4][6] - Market breadth has improved, but some sectors are underperforming, leading to a potential reevaluation of market positions [5][6] Intel and Apple Investment - Reports suggest Intel is seeking an investment from Apple, potentially focusing on its foundry business to become a larger supplier for Apple's chips [6][7] - Intel's past quality assurance issues led Apple to shift chip processing in-house or to Taiwan Semiconductor, but a revitalization of their relationship may be on the horizon [8] - Apple's commitment to over $600 billion in investments could align with this potential investment in Intel, possibly satisfying U.S. administration interests [11][12] Lithium Americas - Lithium Americas shares have seen significant volatility, with a reported 7% increase in pre-market trading [13][14] - The company is renegotiating a loan with the DOE, potentially offering equity stakes to secure better terms, which has generated market enthusiasm [14][15] - The focus is on expanding lithium mining and processing in the U.S., which aligns with government interests in domestic production [16][17] Economic Data and Market Sentiment - Upcoming economic data includes initial claims, final GDP, and durable goods, with expectations for initial claims around 231,000 [19][20] - The market anticipates a contraction of 0.3% in durable goods on a month-over-month basis [21] - Resistance levels for the S&P 500 are noted at 6640 and 6660, with support at 6550, indicating a wide trading range [23][24]
Sienna Resources Inc. Renews All Nevada Lithium Claims as President Trump Looks to Take a Stake in Lithium Americas' Thacker Pass Lithium Deposit in Nevada
Newsfile· 2025-09-25 12:02
Core Insights - Sienna Resources Inc. has renewed all its lithium claims in Nevada, including the Cave Creek Lithium Project, which consists of 61 contiguous claims totaling approximately 1,230 acres [2][3] - The company has also renewed multiple claim blocks in Clayton Valley, including the Clayton Valley Deep Brine Project, which is enclosed by Schlumberger within the only producing lithium brine formation in the U.S. [3] - The renewed focus on domestic lithium sources is driven by President Trump's interest in Lithium Americas' Thacker Pass Lithium Deposit, which is expected to increase investor interest in U.S.-based lithium projects [4] - Sienna Resources has over 25 million shares outstanding and plans to be active on its lithium projects in the near term, emphasizing its commitment to advancing its lithium exploration portfolio in Nevada [4]
Wealth Minerals Enters into Letter Agreement to Acquire the Andacollo Oro Gold Project
Newsfile· 2025-09-25 11:30
Core Viewpoint - Wealth Minerals Ltd. has entered into a binding letter agreement to acquire a 100% royalty-free interest in the Andacollo Oro Gold Project located in Chile, which is seen as a strategic opportunity for the company amidst growing investor interest in gold due to global economic concerns [1][3]. Acquisition Details - The acquisition will be executed through a share purchase and sale transaction, with a purchase price of 12.5 million common shares of Wealth, subject to adjustments for dilution prior to closing [10]. - Wealth has made a cash payment of US$350,000 to the target company for a 30-day exclusivity period to conduct due diligence [10]. - The total deferred purchase payments to be assumed by Wealth amount to US$30 million, with specific payment milestones over 48 months [11]. Project Overview - The Andacollo Oro Gold Project has historically produced 1.12 million ounces of gold from 1995 to 2018, with a peak annual production of 135,000 ounces in 1999 [4][5]. - The project has a historical estimate of 2.02 million ounces of gold in the Measured and Indicated categories and 5.06 million ounces in the Inferred category [4][7]. - The project is located in Region IV, Coquimbo, Chile, and is adjacent to Teck Resource's Carmen de Andacollo mine [4][9]. Private Placement - Wealth is initiating a non-brokered private placement of at least 41,666,666 units at a price of $0.12 per unit, aiming for minimum gross proceeds of $5 million [14]. - Each unit consists of one common share and one-half of a common share purchase warrant, with an exercise price of $0.18 per warrant share for a period of 24 months [14]. - Proceeds from the offering will be allocated to finance the acquisition and development costs of the AOG Project, as well as general working capital [15]. Share Consolidation - Wealth plans to undergo a consolidation of its common shares on a basis of one post-consolidation share for up to seven pre-consolidation shares, aiming to attract capital for project advancement [18][19]. - Following the consolidation, approximately 51,766,170 common shares are expected to be outstanding [18]. Management and Strategic Direction - Chad Williams has been appointed as a strategic advisor to the company, bringing extensive experience in mining and investment banking [20]. - The company aims to diversify its asset base to include precious metal projects while continuing to advance its lithium project portfolio [21][22].
USCM Announces Extension of Option Agreement for McDermitt East Lithium Project Amid Government Interest in Thacker Pass
Newsfile· 2025-09-25 11:00
USCM Announces Extension of Option Agreement for McDermitt East Lithium Project Amid Government Interest in Thacker PassSeptember 25, 2025 7:00 AM EDT | Source: US Critical Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - September 25, 2025) - US Critical Metals Corp. (CSE: USCM) (OTCQB: USCMF) (FSE: 0IU) ("USCM" or the "Company") is pleased to announce that it has received a six-month extension (the "Extension") to satisfy its obligations that were due on the second year anniversary ...
Lithium Chile Announces Upsized Life Offering of Up to $7,000,000
Globenewswire· 2025-09-24 23:11
Core Viewpoint - Lithium Chile Inc. has announced an oversubscribed private placement offering due to strong market demand, increasing the offering size to up to 14,000,000 units at a price of $0.50 per unit, aiming for gross proceeds of up to $7,000,000 [1][6] Group 1: Offering Details - The offering will consist of units, each comprising one common share and one common share purchase warrant, with warrants allowing the purchase of additional shares at $0.70 for five years [2] - The offering is conducted under the listed issuer financing exemption, applicable in all Canadian provinces except Québec, and the securities will not be subject to a hold period under Canadian securities laws [3] - The agents are also permitted to offer the units in the United States under available exemptions from registration requirements [4] Group 2: Use of Proceeds - Net proceeds from the offering will be allocated to advancing the company's mineral properties in Argentina and Chile, as well as for general administrative expenses and working capital [6] Group 3: Company Overview - Lithium Chile Inc. is an exploration company with a portfolio of 11 properties covering 107,936 hectares in Chile and 29,245 hectares in Argentina [8] - The company has made significant progress on its Arizaro project, completing a technical report, a Preliminary Economic Assessment, and a Prefeasibility Study [9]
Trump Places Direct Bet on Thacker Pass Lithium
Yahoo Finance· 2025-09-24 22:00
Core Insights - The U.S. Administration is seeking a 10% equity stake in Lithium Americas Corp. for the Thacker Pass lithium project to reduce dependence on China in critical minerals supply [1][2] - The Thacker Pass project is expected to significantly increase U.S. lithium production, with a design capacity of 40,000 tonnes per year of battery-quality lithium carbonate, making it the largest lithium supply project in the Western hemisphere [4][5] - Following the news of the U.S. Administration's interest, shares in Lithium Americas surged by 80% after hours [6] Company Insights - Lithium Americas Corp. is currently renegotiating a $2.26 billion loan from the U.S. Department of Energy for the Thacker Pass project, targeting mechanical completion by late 2027 [3] - General Motors holds a 38% interest in the Thacker Pass project, having invested $625 million [3] Industry Insights - The Thacker Pass project aims to enhance the U.S. domestic battery supply chain, improve economic and national security, and reduce reliance on foreign suppliers [4] - The project is expected to raise nearly ten times the current U.S.-sourced lithium volumes, addressing the growing demand for lithium in battery technologies [5]