Assets, Process, Team
Arena’s Antofalla project poised to be the next brine discovery in Argentina
► Antofalla is drill ready and fully permitted
► Arena has developed a proprietary brine processing technology producing >30% LiCL from ponds
Strategic partnership with world premier lithium producer
► Ganfeng Lithium Co. to acquire 19.9% of Arena pursuant to a private placement announced Feb 3, 2021
► Proceeds shall be used to advance the Antofalla asset and to evaluate potential acquisitions.
► Ganfeng is granted the right to appoint a nominee to the Board of Directors of Arena;
► Ganfeng is granted a right to acquire up to 35% interest in any asset acquisition completed by Arena
► Ganfeng is granted pre-emptive rights to maintain its percentage ownership interest in Arena
ARENA MINERALS ANNOUNCES $2.8M FINANCING LED BY LEADING LITHIUM PRODUCER GANFENG LITHIUM CO. AND DIVESTS GOLD ASSET TO ASTRA EXPLORATION LTD.
Toronto, Canada: Arena Minerals Inc. (“Arena” or the “Company”) (TSX-V: AN) announces that it is undertaking a non-brokered private placement of units of the Company (the “Units”) at a price of $0.05 per Unit for gross proceeds of $2,800,000 (the “Offering”). Each Unit shall consist of one common share of the Company (a “Common Share”) … Read More
TORONTO – (GLOBE NEWSWIRE) – April 27, 2020 – ARENA MINERALS INC. (TSX.V:AN) (“Arena Minerals”, “Arena”) or the “Company”), a junior mining company with projects in Argentina and Chile, informs that as a result of delays in completion of its audit caused by the COVID-19 pandemic, the release of the Company’s annual financial results will … Read More
Toronto, Canada: Arena Minerals Inc. (“Arena” or the “Company”) (TSX-V: AN) is pleased to report results from its recently completed surface transient electromagnetic (?TEM?) survey over the Antofalla North claim block. The survey results confirm the presence of halite over the salar surface, representing approximately 15% of the claim block, but also discovered low resistivity … Read More