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Iconic Minerals Ltd. - BVTEF STOCK NEWS

Welcome to our dedicated page for Iconic Minerals Ltd. news (Ticker: bvtef), a resource for investors and traders seeking the latest updates and insights on Iconic Minerals Ltd. stock.

Iconic Minerals Ltd. (BVTEF) is a mineral exploration and development company with a focus on lithium and gold projects in Nevada, USA. The company recently completed a plan of arrangement with Nevada Lithium Resources Inc., resulting in Nevada Lithium acquiring Iconic's interest in the Bonnie Claire lithium project. This transaction has consolidated ownership of the Bonnie Claire Project under Nevada Lithium, enabling further advancements in resource exploration and development. With significant lithium deposits, including one of the largest resources in North America at Bonnie Claire, Iconic Minerals is poised to play a crucial role in meeting global lithium demands. The company's exploration projects, such as Grass Valley and Smith Creek, showcase the potential for substantial lithium resources within the region, supported by geological indicators of lithium-rich brine systems.

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Iconic Minerals Ltd. to begin trading under new OTCQB symbol ICMFF
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Iconic Minerals Ltd. (TSXV: ICM) (OTCQB: BVTEF) (FSE: YQGB) announces resumption of trading on OTCQB under new CUSIP on September 18, 2023.
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Iconic Minerals Ltd. acquires Grass Valley Lithium Property in Nevada. Geochemical sampling shows highly anomalous lithium values up to 510 ppm. The company paid US$177,231 for the property. Terminates option agreement with Lithium of Nevada Pty Ltd. to retain 100% ownership of Smith Creek lithium project.
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Nevada Lithium has completed its acquisition of Iconic Minerals' 50% interest in the Bonnie Claire lithium project. Nevada Lithium now holds 100% ownership of the project. The company will receive gross proceeds of $11,320,998 from the Concurrent Offerings. The Bonnie Claire Project has the potential to play a significant role in meeting global lithium needs.
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Iconic Minerals Ltd. announces final court approval for the acquisition of its 50% interest in the Bonnie Claire Lithium project by Nevada Lithium Resources Inc.
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Nevada Lithium Resources Inc. and its partner Iconic Minerals Ltd. announced the successful production of marketable battery-grade lithium carbonate from the Bonnie Claire Lithium Project in Nye County, Nevada. This achievement marks a key milestone for the project, showcasing its capability to produce lithium that meets the specifications of leading global producers. The Bonnie Claire Project is recognized as one of North America's largest lithium resources, with a NI 43-101 inferred resource of 3,407 million tonnes grading 1,013 ppm lithium. The company continues to advance metallurgical work to enhance lithium production processes and assess potential byproducts.

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FAQ

What is the market cap of Iconic Minerals Ltd. (bvtef)?

The market cap of Iconic Minerals Ltd. (bvtef) is approximately 3.2M.

What is the recent plan of arrangement involving Iconic Minerals Ltd. and Nevada Lithium Resources Inc.?

Iconic Minerals and Nevada Lithium completed a plan of arrangement where Nevada Lithium acquired Iconic's interest in the Bonnie Claire lithium project, consolidating ownership under Nevada Lithium.

What role does Iconic Minerals play in meeting global lithium demands?

Iconic Minerals, with significant lithium deposits including the large Bonnie Claire resource, is positioned to address global lithium needs through its exploration projects in Nevada.

What are the key exploration projects of Iconic Minerals in Nevada?

Iconic Minerals focuses on lithium and gold projects in Nevada, including Grass Valley and Smith Creek, which present indicators of lithium-rich brine systems and significant resource potential.

Who is the Qualified Person for Iconic Minerals Ltd.?

Richard Kern, a Certified Professional Geologist and qualified person under Canadian National Instrument 43-101, has reviewed and approved the technical information for Iconic Minerals.

What is the new trading symbol for Iconic Minerals Ltd. on OTCQB?

Iconic Minerals is scheduled to commence trading under the new OTCQB symbol: ICMFF, effective from October 5, 2023.

Iconic Minerals Ltd.

OTC:BVTEF

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3.23M
136.84M
8.19%
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