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FULL CIRCLE LITHIUM CORP - FCLIF STOCK NEWS

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Full Circle Lithium Corp. (FCLIF) is a USA-based company focused on lithium products manufacturing and reintegration. With a fully permitted lithium carbonate processing plant in Georgia, FCL is a leading processor of lithium compounds. The company specializes in battery recycling from off-spec and end-of-life lithium-ion batteries, mid-stream recycling, and lithium refinery operations. FCL has developed an innovative and patented Fire Suppressant Solution (FSS) to address lithium-based fires, showcasing its commitment to safety and innovation.
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Full Circle Lithium Corp (TSXV: FCLI) (OTCQB: FCLIF) announced the successful deployment of its proprietary FCL-X™ lithium-ion battery fire extinguishing agent at one of the largest battery fires in US history. The incident occurred at a major battery recycling facility near Fredericktown, Missouri, which processes over 60,000 tons of batteries annually.

Despite state-of-the-art fire safety systems, the facility experienced a significant fire that required evacuation of approximately 75 employees and nearby residents. Firefighters from 25 departments responded, with US Fire Pump's emergency response team utilizing FCL-X™ to combat persistent hot spots. The successful deployment marks a significant technical milestone, demonstrating FCL-X™'s effectiveness in extinguishing lithium-ion battery fires at an industrial scale.

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Full Circle Lithium Corp. (FCLI/FCLIF) has signed a global distribution agreement with US Fire Pump Company (USFP) for its FCL-X™ lithium-ion battery fire extinguishing agent in bulk form. This marks the company's second distribution agreement, focusing on marketing FCL-X™ Bulk across industrial, commercial, and emergency response settings globally.

USFP has already deployed and validated FCL-X™'s effectiveness in combating lithium-ion battery fires. The agreement grants USFP certain exclusive global distribution rights for a defined period, while FCL retains the right to market new products and pursue additional distribution agreements that don't conflict with existing arrangements.

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Full Circle Lithium announces its first FCL-X™ sale to a fire station in Georgia, marking entry into the USA first responder market. The company has also completed a US$1.5 million sale of non-core equipment, with proceeds allocated to manufacturing, marketing, and sales of FCL-X™. The company's flagship product is specifically engineered to neutralize lithium-ion battery fires, offering tailored solutions including FCL-X Pro, FCL-X Bulk, and FCL-X Extinguisher. FCL has partnered with AEST Fire & Safety for distribution, training, and demonstrations, generating significant interest among firefighters and industry stakeholders.

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Full Circle Lithium Corp (FCLIF) reports over US$300,000 in non-recurring sales of its FCL-X™ lithium-ion battery firefighting agent across all product lines in recent weeks. The company has also agreed to sell non-core equipment for approximately US$1.5 million to fund FCL-X™ manufacturing, marketing, and sales efforts. The sales momentum follows successful EV burn test results in October and a distribution agreement with AEST Fire & Safety. The company granted 2,050,000 stock options at $0.27 per share to key personnel, directors, and officers.

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Full Circle Lithium successfully demonstrated its FCL-X™ firefighting agent by rapidly extinguishing two controlled EV fires in minutes. The tests, conducted with a Nissan Leaf and Kia EV9, used FCL-X Pro™ concentrate and required only 250-350 gallons of solution, compared to traditional methods requiring up to 40,000 gallons. The demonstrations, organized by US distributor AEST Fire & Safety, showed the product's effectiveness in controlling fires within 5-6 minutes, with temperatures reduced from 1,200F to 120-150F. The company has ceased its recycling operations to focus entirely on FCL-X™ development.

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Full Circle Lithium Corp. (FCLIF) has achieved a significant breakthrough in EV fire safety with its FCL-X™ firefighting agent. In controlled demonstrations, the product successfully extinguished two EV fires - a Nissan Leaf and Kia EV9 - in under six minutes using minimal agent amounts. The FCL-X Pro™ concentrate effectively controlled fires using only 250-350 gallons, compared to traditional methods requiring up to 40,000 gallons of water and 4-8 hours to extinguish. The tests were conducted by AEST Fire & Safety, FCL's US distributor, before 50+ firefighters and industry experts.

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Full Circle Lithium Corp. (FCLI/FCLIF) has signed its first master distribution agreement with AEST Fire and Safety to market FCL-X™, its lithium-ion battery fire extinguishing agent, in the USA. The agreement focuses on the FCL-X™ Extinguishers and FCL-X™ PRO product lines, granting AEST certain exclusive distribution rights. The partnership targets residential, industrial, commercial settings, and first responders. With over 25,000 lithium-ion battery fire incidents reported between 2017-2022 across 27,000 US fire departments, FCL-X™ aims to address the growing safety concerns in urban areas where traditional fire suppression methods have proven inadequate.

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Full Circle Lithium Corp. (TSXV: FCLI) (OTCQB: FCLIF) announces the availability of its FCL-X™ lithium-ion battery fire extinguisher on AMAZON in North America. The FCL-X™ is designed to address the rising incidence of lithium-ion battery fires, offering a rapid, safe, and effective solution for homes, offices, and various settings.

Key features of FCL-X™ include:

  • Immediate response capability
  • Non-toxic, environmentally friendly extinguishing agent
  • Compact 2.5-gallon format for easy storage and access

FCL-X™ has passed the rigorous Dutch standardized test (NTA 8133) for portable fire extinguishers for lithium-ion battery fires. The company is in discussions with distributors for commercial, industrial, and public sector sales.

Due to challenges in the lithium market, FCL is shifting focus to FCL-X™, which is not directly impacted by lithium pricing, while suspending other lithium-related operations.

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Full Circle Lithium Corp. (TSXV: FCLI) (OTCQB: FCLIF) announces that its FCL-X™ specialty lithium-ion battery fire extinguishing agent has achieved the world-renowned NTA 8133 standard, considered the most rigorous testing standard for lithium-ion battery fire extinguishers. FCL-X™ demonstrated exceptional cooling capability, no reignition, and the best cell survival rate of any portable fire extinguisher tested to date.

This achievement positions FCL-X™ at the forefront of combating lithium-ion battery fires, a growing global concern. The NTA 8133 standard, developed by the Dutch government, sets the world's first standards for testing suppression agents for lithium-ion battery fires up to 600 Wh. As lithium-ion battery use is expected to grow seven-fold from 2022 to 2030, the need for specialized fire safety measures has become critical.

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Full Circle Lithium Corp. (TSXV: FCLI) (OTCQB: FCLIF) has successfully closed an oversubscribed non-brokered private placement, raising $1,578,000. The company issued 6,312,000 units at $0.25 per unit, each comprising one common share and half a warrant. The funds will be used to advance the commercialization of FCL-X™, their proprietary lithium battery fire-fighting agent, and for working capital.

Insiders participated in the offering, subscribing for 1,177,000 units. The company paid $99,634 in finder's fees and issued 398,535 finder warrants. PowerOne Capital Markets acted as a finder for part of the offering. The securities are not registered under the U.S. Securities Act and have restrictions on U.S. sales.

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FAQ

What is the current stock price of FULL CIRCLE LITHIUM (FCLIF)?

The current stock price of FULL CIRCLE LITHIUM (FCLIF) is $0.25 as of January 28, 2025.

What is the market cap of FULL CIRCLE LITHIUM (FCLIF)?

The market cap of FULL CIRCLE LITHIUM (FCLIF) is approximately 18.7M.

What is Full Circle Lithium Corp. (FCLIF) focused on?

FCLIF is focused on lithium products manufacturing and reintegration, with a strong emphasis on battery recycling and lithium compound processing.

Where is the fully permitted lithium carbonate processing plant of FCLIF located?

FCLIF's plant is situated in the state of Georgia, USA, at the epicenter of the largest EV buildout in North America.

What innovative solution has FCLIF developed for lithium-based fires?

FCLIF has developed an innovative and patented Fire Suppressant Solution (FSS) to address the increasing number of hazardous lithium-based fires.

What are the core operations of Full Circle Lithium Corp.?

FCLIF specializes in three complementary feedstock processing divisions: battery recycling, mid-stream recycling, and lithium refinery operations.

How does FCLIF demonstrate its commitment to safety and innovation?

FCLIF's focus on battery recycling and the development of a Fire Suppressant Solution (FSS) emphasizes its commitment to safety and innovation in lithium-based fire control.
FULL CIRCLE LITHIUM CORP

OTC:FCLIF

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FCLIF Stock Data

18.66M
59.40M
20.37%
5.7%
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