Positioned to Transform the Argentine Lithium Industry
Arena Minerals is led by a team with undeniable expertise in lithium processing which has successfully advanced and brought several lithium projects to production. Chile, the world?s leading brine-based lithium producer, uses a Brine-Mixing Process focused on the use of reagents purely derived from lithium rich brines, which Arena Minerals has adapted to the salars of Argentina. This process results in products much better suited for Battery Grade Lithium Carbonate production while carrying substantially lower production costs. The process was originally developed and implemented in Chile with members of Arena?s team. Arena is uniquely positioned to transition Argentina from the past decade of resource growth through to world class supplier of low cost lithium products, by implementing its proprietary processing and providing a source of the required lithium rich reagent sourced from its unique Antofalla salar and a world class team.
Toronto, Canada: Arena Minerals Inc. (“Arena” or the “Company”) (TSX-V: AN) is pleased to announce that the Company has entered into a binding memorandum of understanding (the “MOU”) with LITH-ARG Acquisition LLC (“LITH-ARG”) to acquire 100% of the Sal de la Puna lithium brine project (“Sal de la Puna Project”, or the “Project”), which covers … Read More
Toronto, Canada: Arena Minerals Inc. (“Arena” or the “Company”) (TSX-V: AN) announces the closing of the second and final tranche of the non-brokered private placement announced on February 4, 2021. The Company has issued an additional 25,236,278 units (the “Units”) at a price of $0.05 per Unit for additional proceeds of $1,261,813. Each Unit consists … Read More
ARENA MINERALS ANNOUNCES FIRST TRANCHE CLOSING OF $2.8 MILLION PRIVATE PLACEMENT LED BY LEADING LITHIUM PRODUCER GANFENG LITHIUM CO.
Toronto, Canada: Arena Minerals Inc. has closed an initial tranche of its private placement announced on Feb. 4, 2021. The company has issued an aggregate of 30,763,720 units at a price of five cents per unit for gross proceeds of $1,538,186. Each unit consists of one common share of the company and one-half of one … Read More