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GLOBAL LI-ION GRAPH ORD (GBBGF) is a company focused on the exploration and development of graphite projects. With a strong emphasis on sustainability and innovation, they aim to become a leading player in the graphite industry. Their Ambato-Arana project is a key asset, and recent developments in the mining code are expected to boost production. The company's strategic partnerships and research initiatives position them for future growth and success.
Global Li-Ion Graphite Corp. (CSE: LION, OTCQB: GBBGF) has signed a Memorandum of Understanding (MOU) with a private Malagasy company to conduct due diligence on Uranium prospects in Madagascar. Historical and recent exploration indicates significant potential for Uranium deposits. The chairman emphasized the project's importance for green energy and nuclear power's role in the growing energy demands of the tech industry.
Global Li-Ion Graphite Corp. announced the restart of production at its Ambato-Arana graphite mine after significant delays due to COVID-19. The Company has engaged local communities, gathering support and addressing concerns about the project. Key initiatives include improving local education, health services, and providing employment opportunities. The project spans 4,375 hectares and is expected to leverage modern production methods for enhanced graphite output. Additionally, 2.5 million stock options have been reset at $0.12, expiring April 10, 2024.
Global Li-Ion Graphite Corp. announced a partnership with Swiss EMX to launch a Commodity backed Graphite Token, linked to the Ambato-Arana graphite project in Madagascar. The agreement honors a prior offtake arrangement while Global Li-Ion will acquire a 15% stake in Swiss EMX for $250,000. Increased demand for energy storage, spurred by electric vehicles, is driving the need for liquidity in graphite markets. Additionally, shareholders exercised 6 million warrants, raising over $720,000, and the company set 1 million stock options at $0.22.
Global Li-Ion Graphite Corp. (CSE: LION) is positioned to address a global graphite shortage as China curtails exports, controlling 70% of the world supply. LION's Malagasy Graphite mines can leverage their strategic location to supply high-grade graphite to India, China, and Europe. The company holds three renewable mining licenses covering 4,375 hectares, which are now ready for modern exploitation after previous production ceased in 2012. Shareholders have exercised over 3 million warrants at $0.12, raising approximately $360,000.
Global Li-Ion Graphite Corp. has initiated a field due diligence and exploration program for the MVZ Silver Mine Property in Chihuahua, Mexico. The 1,750-hectare site includes three historical silver-gold deposits and exhibits significant mineralization potential, with silver values exceeding 1,000 grams per tonne. The project is located within the Sierra Madre Gold-Silver Belt, known for its rich mineral deposits. The exploration is supervised by a qualified professional and aims to confirm the presence of valuable sulfide mineralization.
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