Canada Lithium to raise another C$30m, shares slide

Shares in Canada Lithium lost over 10% of their value on Tuesday, after the company said it would sell C$30-million in stock to complete the mine it is building near Val d'Or in Québec. The TSX-listed company filed a preliminary short-form...

Drill results send Canada Lithium 14% higher on TSX

Shares in TSX-quoted Canada Lithium Corp (CLQ) vaulted 14% higher on Thursday, after the company announced early results from a drilling programme at its Quebec project, and said it was on track to produce the battery making ingredient by late...

Resource estimate to be undertaken for Canadian lithium project

TSX-listed Canada Lithium has appointed consulting company AMC Mining Consultants to independently conduct a resource estimate of its Quebec Lithium project, and prepare a new National Instrument 43-101 (NI 43-101) compliant report.

Canada Lithium to 'vigorously' fight $50m class action suit

Canada Lithium Corp’s share price took another knock on Monday, after the company announced it was facing a $50-million class action lawsuit with regards to an error in its October resource statement. The company said the claim was meritless...

Canada Lithium to report 'materially' smaller resource in May

Toronto-based junior Canada Lithium Corp (CLQ) said on Wednesday there will be a significant decrease in its Quebec project’s resources when it receives an independent review mid-May. CLQ at the end of February watched its share price halve...

Canada Lithium 'still confident' on Quebec project after shares drop

Canada Lithium Corp said on Tuesday it remained confident in its Quebec project, after its shares lost more than a third in a day on news that resources at the project are likely lower than reported. "We’re continuing to have confidence in this...

Canada Lithium targets full production in 2013 from Quebec mine

Toronto-based Canada Lithium plans to start building its Quebec lithium project in mid-2011 and will aim for full production from the operation in 2013, the company said on Friday. Canada Lithium has completed and published a feasibility study on...

Canada Lithium migrates to TSX

Exploration company Canada Lithium’s shares started trading on the senior board of the TSX on Thursday morning, after its listing moved from the TSX Venture Exchange. “[This] further heightens our visibility in the investing community as we...

Quebec lithium mine could ramp up to 25 000 t/y

Toronto-based Canada Lithium could increase production significantly at its Quebec lithium project, currently designed at an initial 19 300 t/y of battery-grade lithium carbonate, if future demand growth is strong enough, CEO Peter Secker said on...

Canada Lithium could commission Quebec mine late 2012

Toronto-based Canada Lithium plans to complete a definitive feasibility for its Quebec lithium project, in Canada's Quebec province, by the first quarter of 2011, the firm said this week. The company published the results of a prefeasibility...