Lithium Universe

Quarterly Activities/Appendix 5B Cash Flow Report

Lithium Universe Limited (“Lithium Universe”, the “Company” or ASX: “LU7”) is pleased to present its Quarterly Report and Cash Flow Report.


Lithium Universe Commences Trading on the ASX

  • Lithium Universe Limited successfully lists on the ASX
  • Oversubscribed Public Offer of A$4.5m completed
  • Strong support from existing and new strategic investors
  • Iggy Tan leads Lithium Dream Team assembled to execute technical strategy
  • Board and Executive Management hold strong project- building expertise
Apollo Exploration Strategy Using AI Technology
  • Use of Artificial Intelligence (AI) in developing the exploration strategy
  • Partnered with KorrAI Technologies Limited in Canada
  • Enhanced field exploration practices, optimised time spent and cost in the field
  • Predictive AI previously trained and field tested in James Bay
  • Three phases of expedited exploration strategy at Apollo Lithium Project

LU7 Lithium Inventory and Opportunities in Canada and Australia

  • Significant Lithium opportunities in Tier 1 mining jurisdictions
  • Canadian projects located in the highly prospective James Bay and Red Lake districts
  • Australian projects proximal to operating projects and new mineral discoveries
  • Exploration plans on all projects ready to execute

Greenbushes Veteran Patrick Scallan OAM Appointed to LU7 Board

  • Appointment of Mr Patrick Scallan OAM as Non-Executive Director
  • Veteran of world-class Greenbushes Mine
  • 25 years experience in spodumene hard rock exploration and mining
  • Extensive spodumene concentrating experience
  • Oversaw the Greenbushes expansions from 200,000 to 1,400,000 tpa

Appointment of Lithium Expert – Dr Jingyuan Liu to LU7 Board

  • Key appointment of Dr Jingyuan Liu as Non-Executive Director
  • Pre-eminent technical expert in the lithium industry
  • Former GM Development and Technologies with Galaxy Resources Limited
  • Intimate construction and operating experience of Jiangsu Lithium Carbonate Plant

Exploration Commences at Apollo Lithium Project

  • Immediate commencement of exploration work at flagship Apollo Lithium Project
  • Partnered with Laurentia Exploration Inc - a highly reputable exploration Co
  • An intensive pre-work program completed including permitting
  • High-resolution Airborne Magnetic Survey completed
  • Litho-structural analysis completed
  • Ground-based Micro-Gravity survey completed at NW of Apollo
  • Soil sampling program completed in NW of Apollo
  • Priority targets for future drilling campaigns identified

Click here for the full ASX Release

This article includes content from Lithium Universe Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

Lithium Universe

Lithium Universe Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects


The Conversation (0)
Lithium Universe (ASX:LU7)

Lithium Universe

Keep reading...Show less


Albemarle Corporation (NYSE: ALB) (" Albemarle " or the "Company"), a global leader in providing essential elements for mobility, energy, connectivity, and health, today announced that, subject to market and other conditions, it has commenced an offering (the "Offering") of $1 .75 billion of depositary shares ("Depositary Shares"), each representing a 120th interest in a share of Series A Mandatory Convertible Preferred Stock of the Company ("Preferred Stock"), in an underwritten registered public offering. In addition, Albemarle expects to grant the underwriters in the Offering a 30-day option to purchase up to an additional $262 .5 million of Depositary Shares.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less
North Arrow Minerals (TSXV:NAR)

North Arrow Minerals

Keep reading...Show less
European Lithium Limited

European Lithium Limited (ASX: EUR) – Reinstatement to Quotation


The suspension of trading in the securities of European Lithium Limited (‘EUR’) will be lifted immediately following the release by EUR of an announcement.

Keep reading...Show less
Chariot Corporation

Black Mountain Project Land Position Expanded

Chariot Corporation Limited (“Chariot”, “CC9” or the “Company”) is pleased to announce that it has significantly expanded the footprint of the Black Mountain project (“Black Mountain“) by staking and filing with the Bureau of Land Management (”BLM”) 218 unpatented lode mining claims (“Claims”) totalling 1,807 ha of tenure (“BMX Claims”).

Keep reading...Show less
Oceana Lithium

Oceana Lithium

Keep reading...Show less
CleanTech Lithium (OTCQB:CTLHF)

Laguna Verde Project PFS Update

CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF, Frankfurt:T2N), an exploration and development company advancing lithium projects in Chile, announces that it now expects to publish the Pre-Feasibility Study (the "PFS") for the Laguna Verde Project in Q3 2024. In order to produce a more robust PFS, which will further support strategic partner discussions, the Board has decided to include data from the Company's DLE pilot plant as well as from the current drilling and field programme at Laguna Verde.


Keep reading...Show less
Lithium Universe

Lithium Universe Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects


Latest Press Releases

Related News