Latest news with #NickHorsley
Yahoo
28-05-2025
- Business
- Yahoo
Hi-View Announces Non-Brokered Private Placement
VANCOUVER, British Columbia, May 28, 2025 (GLOBE NEWSWIRE) -- HI-VIEW RESOURCES INC. ('HI-VIEW' OR THE 'COMPANY') (CSE: HVW; OTCQB: HVWRF; FSE: B63) announces a non-brokered private placement of up to 4,800,000 units (each a 'Unit') at a price of $0.10 per Unit for gross proceeds of up to $480,000 (the 'Private Placement'). Each Unit will consist of one common share (each, a 'Share') and one transferrable common share purchase warrant (each, a 'Warrant'). Each Warrant entitles the holder to purchase one additional Share of the Company at a price of $0.12 per Share for a period of 36 months from the date of issuance. Directors and officers of the Company may acquire securities under the Private Placement, which will be considered a 'related party transaction' as defined under Multilateral Instrument 61-101 ('MI 61-101'). Such participation is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101. The net proceeds from the Placement will be allocated towards exploration activities and for general corporate purposes. In accordance with the regulations of the Canadian Securities Exchange ('CSE'), an up to 10% finder's fees may be applicable. All securities issued pursuant to the Private Placement will be subject to a hold period of four months and one day as required under applicable securities legislation. About Hi-View Resources Inc. Hi-View is a mineral exploration company focused on the acquisition, exploration and development of mineral properties in Canada. The Company, through its subsidiary, holds a 100% interest in the Babine BC Copper-Gold property as well as interests in the Golden Stranger Property and the Lawyers East, West, South and BEN claims, located in the prolific Toodoggone region of northern BC, highly prospective for gold, silver, and copper. The collective holdings cover over 9,749 hectares. On Behalf of the Board of Directors, 'R. Nick Horsley'R. Nick Horsley, CEO For further information, please contact: Hi-View Resources Milne - PresidentEmail: hdmcap@ Telephone: (604) 377-8994Website: FORWARD LOOKING STATEMENTS: This news release includes certain statements that may be deemed 'forward-looking statements'. All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words 'expects', 'plans', 'anticipates', 'believes', 'intends', 'estimates', 'projects', 'potential' and similar expressions, or that events or conditions 'will', 'would', 'may', 'could' or 'should' occur. Forward-looking statements in this news release includes statements related to the proposed Transaction and related matters. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change. Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Australian
08-05-2025
- Business
- The Australian
American Salars adds new Argentina project
Special Report: Canadian-listed American Salars is moving to expand its Argentinean portfolio with the signing of a letter of intent to acquire the Cauchari Ines 01 lithium brine project. American Salars acquiring the Cauchari Ines 01 lithium brine project in Argentina Sampling at the project has returned up to 383ppm lithium below the salt crust Project is close to existing plays such as Rio Tinto's Rincon salar The Cauchari project covers about 1235 hectares over part of the 2550km2 Cauchari Salt Lake basin and is known to contain lithium concentrations, with sampling returning up to 383ppm lithium from a depth of 30cm below the salt crust. It is located about 13km from Rio Tinto's Rincon salar – an approved US$2.5 billion development that will eventually export 60,000tpa of lithium carbonate – and about 80km from the town of San Antonio de Los Cobres with access provided by existing mining tracks and roads. There is also immediate proximity to railroads, electricity and gas pipelines. Cauchari Ines 01 sits within a known geological district with significant lithium and potassium sampling and is near the San Antonio de los Cobres and Pocitos industrial centre. American Salars (CSE:USLI) chief executive officer Nick Horsley says the potential of this section of the Salar de Cauchari is immense. 'Cauchari is a proven producing salar operated by Exar-Ganfeng & Lithium Argentina that produces battery grade lithium carbonate,' he added. 'The company will look to continue to increase its footprint on the Cauchari and Pocitos lithium projects.' The Cauchari project and surrounding lithium producers. Pic: American Salars Mineral potential The Cauchari Salt Lake is extended and narrow-shaped, sub-meridian oriented with a length of about 40 km with irregular borders and features historical production of borax minerals. Reconnaissance exploration has suggested the Cauchari Salt Lake is underlain by a structurally controlled sedimentary basin that forms an aquifer of over 250km2 with maximum depth ranging from 100-500m. Mineralisation in the Cauchari Salar include borates, sulphates, carbonates and brines rich in lithium, potassium, boron and rare earths. Significant concentrations of lithium were determined in brines from the Cauchari Salt Lake area at the northern end of the company's claim boundary. Growing lithium portfolio The letter of intent for Cauchari Ines 01 adds to American Salars' ongoing efforts to build a lithium portfolio in a counter-cyclical strategy timed to beat the eventual turnaround in the lithium market. It holds the Black Rock South lithium brine project in Nevada, USA, where phase 1 exploration last year highlighted up to 180.5ppm lithium. However, it is in Argentina where it holds the most ground centre around its flagship Pocitos project that covers 800 hectares of prime ground on the Pocitos Salar within the famed Lithium Triangle. The potential of this project was high enough that the company moved in March 2025 to expand Pocitos with signed letter of intent for the acquisition of the Salar de Pocitos project that increases its total landholding in this area by a whopping 1635% to 13,880 hectacres (138.8km2). This makes American Salars the second largest property holder on the Salar de Pocitos in Salta Province. It already has a gross non-JORC NI 43-101 resource of 760,000t lithium carbonate equivalent at the combined Pocitos 1 and third-party Pocitos 2 blocks, or net resources of ~456,000t LCE. Watch: Gaining ground in Argentina's lithium game This article was developed in collaboration with American Salars Lithium, a Stockhead advertiser at the time of publishing. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
Yahoo
02-05-2025
- Business
- Yahoo
American Salars Lithium to acquire Cauchari Lithium Salar project in Argentina
Public exploration company American Salars Lithium has signed a letter of intent (LOI) with an arm's-length vendor to acquire a 100% stake in the Cauchari Minas Ines 01 Lithium Salar project in Salta Province, Argentina. The project is a fully owned concession spanning 12km². The Cauchari Ines 01 claims cover approximately 1,235ha with lithium concentrations sampled up to 383 parts per million (ppm) lithium. The project is accessible via existing mining tracks and roads and is situated 13km from the Rincon salar owned by Rio Tinto. The area's infrastructure includes immediate proximity to roads, railroads, electricity and gas pipelines, enhancing the project's mining potential. American Salars CEO and director R. Nick Horsley said: 'The potential of this section of the Salar de Cauchari is immense. Cauchari is a proven producing Salar operated by Exar – Ganfeng & Lithium Argentina that produces battery grade lithium carbonate. The company will look to continue to increase its footprint on the Cauchari and Pocitos Lithium projects.' The geology of Cauchari is complex, featuring Ordovician sediments, tertiary sedimentary outcrops and tertiary vulcanites. Data from reconnaissance exploration programmes indicate that the Cauchari Salt Lake underlies a large, structurally controlled sedimentary basin that forms an aquifer of more than 250km². The basin is part of an endorreic system, with the Tocomar river as its main collector. The aquifer, potentially rich in lithium, has yet to have its effective porosity determined. In March 2025, American Salars Lithium signed an LOI with an arm's-length vendor to acquire up to 100% of the Salar De Pocitos project in Salta Province, Argentina, from Recharge Resources. American Salars has also announced that it has reached a settlement agreement with Ekeko concerning a lien placed on the Pocitos 1 project. This lien resulted from a payment deficit by Recharge Resources. The agreement involves a total of $200,000 (C$276,507) in cash payments for a full release of all liabilities against Recharge Resources, with payments due in May and September 2025. "American Salars Lithium to acquire Cauchari Lithium Salar project in Argentina" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
The Australian
24-04-2025
- Business
- The Australian
Long Shortz: American Salars
Tylah Tully speaks with American Salars (CSE:USLI) CEO and Director Nick Horsley about the company's aggressive acquisition and growth strategy across multiple Tier-1 jurisdictions. While many are taking a step back across the lithium sector, American Salars is charging ahead and is optimistic about the future for the battery commodity. Watch the full interview to learn more. This video was developed in collaboration with American Salars, a Stockhead advertiser at the time of publishing. The interviews and discussions in this video are opinions only and not financial or investment advice. Viewers should obtain independent advice based on their own circumstances before making any financial decisions.
Yahoo
03-03-2025
- Business
- Yahoo
American Salars Lithium to expand lithium project in Argentina by 1,635%
Public exploration company American Salars Lithium has signed a letter of intent agreement with an arm's-length vendor to acquire up to 100% of the Salar De Pocitos Project in Salta Province, Argentina. The acquisition will increase the property size of the company's lithium project footprint in the 'Lithium Triangle' by 1,635%, making it the second-largest asset in Salar de Pocitos. Under the terms of the agreement, American Salars will immediately acquire a 75% interest, with the potential to earn up to a 100% interest by making cash payments totalling $2m (C$2.89m) and issuing 20 million shares. The transaction also includes a royalty and a buyout bonus, with a 10% finder's fee applicable. The Salar De Pocitos Project consists of ten mineral tenements spanning approximately 13,080 hectares (ha), contiguous to the company's flagship 800ha Pocitos 1 Project. American Salars finalised a deal to acquire full ownership of the Pocitos 1 Lithium Salar Project in Salta from Recharge Resources in June 2024. American Salars CEO and director R. Nick Horsley said: 'This acquisition represents the culmination of tremendous work by the whole American Salars team and is a game changer for the company and our stakeholders. 'Having consulted with some of the largest lithium mining companies in the world, we clearly understand the prerequisites for a takeover or production scenario. Today's acquisition provides our engineering and exploration team a district scale footprint to execute on.' The company's existing Pocitos 1 claim has an NI 43-101 mineral resource estimate (MRE) of 760,000 tonnes of lithium carbonate equivalent. The new acquisition has undergone numerous historic exploration campaigns, and the initial work programme will focus on data compilation to update the company's NI 43-101 MRE. Following this, scoping and feasibility studies will pave the way for commercial production. Located near key infrastructure, the Salar De Pocitos Project benefits from proximity to Provincial Highway Route 17 and the Pocitos industrial park, which has a natural gas pipeline and a railway line to the Port of Antofagasta on the Chilean Pacific Coast. In a strategic move, American Salars has announced the termination of its option on the Candela II project in the Incahuasi Salar area of Bolivia. "American Salars Lithium to expand lithium project in Argentina by 1,635%" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
