Lithium Energi Exploration Inc. News Releases

LEXI to Settle Portion of Interest Payment in Shares

Mon, 18 Sep 2023 08:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - September 18, 2023) - Lithium Energi Exploration, Inc. (TSXV: LEXI) (the "Company" or "LEXI") has agreed to settle a portion of the interest payment due to Arena Investors, LP ("Arena") as at September 20, 2023 in common shares of LEXI ("Common Shares"). Pursuant to the credit agreement dated February 1, 2023 between Arena and the Company, as amended, (the "Credit Facility"), as at September 20, 2023, the Company will owe Arena interest in the amount of...

LEXI Announces Appointment of Director

Fri, 21 Jul 2023 08:40:00 -0400

Toronto, Ontario--(Newsfile Corp. - July 21, 2023) - Lithium Energi Exploration, Inc. (TSXV: LEXI) (the "Company" or "LEXI") announces the resignation of Arena Investors' LP nominee to the Company's board, Daniel Blanks as a director of the Company, and the appointment of Eamonn McInerney as the new Arena Investors LP nominee to the Company's board, effective immediately. The Company wishes to thank Mr. Blanks for his valuable contribution to the Company. Mr. McInerney bring a wealth of...

LEXI Settles Portion of Interest Payment in Shares

Thu, 22 Jun 2023 18:01:00 -0400

Toronto, Ontario--(Newsfile Corp. - June 22, 2023) - Lithium Energi Exploration, Inc. (TSXV: LEXI) (the "Company" or "LEXI") is pleased to confirm it has closed its previously-announced settlement of a portion of the interest payment due to Arena Investors, LP ("Arena") in common shares of LEXI ("Common Shares") on June 20th, 2023. Upon receipt of TSXV approval, LEXI settled $70,192 of the interest payable to Arena as at June 20, 2023 through the issuance of 340,738 Common Shares at a deemed...

LEXI to Settle Portion of Interest Payment in Shares

Tue, 13 Jun 2023 14:48:00 -0400

Toronto, Ontario--(Newsfile Corp. - June 13, 2023) - Lithium Energi Exploration, Inc. (TSXV: LEXI) (the "Company" or "LEXI") has agreed to settle a portion of the interest payment due to Arena Investors, LP ("Arena") as at June 20, 2023 in common shares of LEXI ("Common Shares"). Pursuant to the credit agreement dated February 1, 2023 between Arena and the Company, as amended, (the "Credit Facility"), as at June 20, 2023, the Company will owe Arena interest in the amount of $142,685.33. Arena...

LEXI Appoints Dr. Rebecca Paisley as New Board Member, Strengthening Its Technical Expertise and Commitment to Responsible Lithium Extraction

Tue, 02 May 2023 08:00:00 -0400

Key Points: Lithium Energi Exploration, Inc. (LEXI) is an exploration company focused on the acquisition, exploration, and development of lithium brine assets in Argentina. LEXI's portfolio includes approximately 57,000 hectares in Catamarca, Argentina, and a 20% interest in Triangle Lithium Argentina, S.A., which owns an additional 15,000 hectares.Dr. Rebecca Paisley is a skilled geologist with a Ph.D. in Earth and Planetary Sciences from McGill. Her expertise in unconventional lithium...

Lexi to Settle Portion of Interest Payment in Shares

Thu, 20 Apr 2023 07:30:00 -0400

Toronto, Ontario--(Newsfile Corp. - April 20, 2023) - Lithium Energi Exploration, Inc. (TSXV: LEXI) (the "Company" or "LEXI") has agreed to settle a portion of the interest payment due to Arena Investors, LP ("Arena") as at April 20, 2023 in common shares of LEXI ("Common Shares"). Pursuant to the credit agreement dated February 1, 2023 between Arena and the Company (the "Credit Facility"), as at April 20, 2023, the Company will owe Arena interest in the amount of $71,342.00 of which 50.0%,...

LEXI Announces Thomas Lefebvre as New Board Member, Strengthening Financial Leadership

Wed, 19 Apr 2023 08:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - April 19, 2023) - Lithium Energi Exploration Inc. (TSXV: LEXI) is excited to announce that Thomas Lefebvre, a highly experienced infrastructure professional, has joined the board as its fifth member. Lefebvre was a partner and founding member of I Squared Capital, an independent global infrastructure investment manager, where he was responsible for the acquisition, development and transformational strategies of platforms and companies across the Americas...

LEXI Launches New Website with Interactive Maps of its Projects in World-Renowned Lithium Triangle

Tue, 18 Apr 2023 08:00:00 -0400

New LEXI Website Offers Comprehensive Information About One of the Largest Lithium Brine Claim Portfolios in the Region Toronto, Ontario--(Newsfile Corp. - April 18, 2023) - Lithium Energi Exploration Inc. (TSXV: LEXI) proudly announces the launch of its new website https://lithiumenergi.com/, featuring interactive maps of its project sites, as well as maps putting LEXI's properties within the context of its neighbors, including Albemarle, Livent, Posco and Allkem. LEXI has consolidated one of...

LEXI Completes Debt Settlements, Creates New Credit Facility, and Closes Private Placement

Tue, 21 Mar 2023 16:38:00 -0400

Toronto, Ontario--(Newsfile Corp. - March 21, 2023) - Lithium Energi Exploration, Inc. (TSXV: LEXI) (the "Company" or "LEXI") is pleased to announce the completion of previously announced transactions, including settling certain outstanding debt obligations of LEXI, a cash private placement, a $7 million drawdown on its new credit facility, a lithium processing agreement and various other transactions detailed in the Company's previous press releases dated February 1, 2023 and March 10, 2023...

LEXI Announces Upcoming Shareholder Meeting to Approve Recapitalization Transactions

Fri, 10 Mar 2023 16:30:00 -0500

Toronto, Ontario--(Newsfile Corp. - March 10, 2023) - Lithium Energi Inc. (TSXV: LEXI) (the "Company" or "LEXI") is pleased to announce that it has called its annual general and special shareholders' meeting on March 20, 2023 (the "Meeting") to, among other things, approve its recapitalization transactions with Arena Investors, LP ("Arena") and Triangle Lithium, LLC ("Triangle"), and the debt settlement arrangements with Steven C. Howard and Omar E. Ortega (collectively, the "Transactions") as...