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Western Lithium Funded For Pre-Feasibility Study and Planned Demonstration Plant
May. 19, 2011 12:45PM PST
Battery MetalsWestern Lithium USA Corporation (TSE:WLC) receives almost C$7.9 million through the conversion of warrants during 2011.
Western Lithium USA Corporation (TSX:WLC) receives almost C$7.9 million through the conversion of warrants during 2011.
The press release is quoted as saying:
The Company has a treasury of approximately C$14.5 million and there are no remaining warrants for conversion. It is anticipated that the Company is now adequately funded to complete its two major milestones in 2011, which includes a pre-feasibility study scheduled for completion in mid-summer, and a demonstration plant scheduled for the fall of 2011.
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