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Snow Lake Lithium to Ring Nasdaq Closing Bell

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WINNIPEG, MB / ACCESSWIRE / February 10, 2022 / Snow Lake Resources Ltd., trading as Snow Lake Lithium Ltd (NASDAQ:LITM), celebrated its recent Nasdaq listing by participating in a Closing Bell Ceremony on February 10, 2022. CEO Philip Gross highlighted this milestone as a step towards becoming a fully renewable energy-powered lithium mine, aiming to supply zero carbon battery-grade lithium for electric vehicles. Key developments include advancing the Initial Assessment phase and expanding their property for resource growth.

Positive
  • Participation in the Nasdaq Closing Bell Ceremony signifies a key milestone.
  • Recent advancements towards commercial production, including the Initial Assessment phase.
  • Expansion of property acreage to facilitate resource development.
Negative
  • None.

WINNIPEG, MB / ACCESSWIRE / February 10, 2022 / Snow Lake Resources Ltd., d/b/a Snow Lake Lithium Ltd. (NASDAQ:LITM) ("Snow Lake" or the "Company"), today announced that management will participate in the Closing Bell Ceremony at the Nasdaq MarketSite in New York on Thursday, February 10th at 4:00 p.m. EST in celebration of its recent listing on the exchange. Snow Lake Lithium began trading on Nasdaq November 19, 2021, under the symbol "LITM."

"We're honored and proud to celebrate the significant achievement of our recent listing to Nasdaq by ringing the closing bell today," said Snow Lake Lithium Chief Executive Officer and Director Philip Gross. "This important milestone represents the first step in achieving our mission of being the only fully renewable energy powered electric mine that can deliver zero carbon battery grade lithium to the electric vehicle market."

Gross further commented, "Snow Lake has made considerable strides recently toward our objectives in progressing the project to commercial production, including initiating the first phase of the Initial Assessment, beginning the environmental process, dramatically expanding the property acreage and pursuing an aggressive drilling program with the objective of resource expansion."

The bell-ringing ceremony will begin at approximately 3:45 p.m. EST and can be viewed virtually at: https://www.nasdaq.com/marketsite/bell-ringing-ceremony

About Snow Lake Resources Ltd.
Snow Lake Lithium is committed to operating a fully renewable and sustainable lithium mine that can deliver a completely traceable, carbon neutral and zero harm product to the electric vehicle and battery markets. We aspire to not only set the standard for responsible lithium mining, but we intend to be the first lithium producer in the world to achieve Certified B Corporation status in the process.

Our wholly owned Thompson Brothers Lithium Project covers a 55,318-acre site that has only been 1 percent explored and contains an identified-to-date 11.1 million metric Tonnes indicated and inferred resource at 1 percent Li2O.

Forward-Looking Statements
This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Snow Lake Resources Ltd.'s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict and include statements regarding the expected use of proceeds and expected closing. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled "Risk Factors" in the final prospectus related to our public offering filed with the Securities and Exchange Commission and other filings and reports that we file with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Snow Lake Resources Ltd. undertakes no duty to update such information except as required under applicable law.

Media Contact:
ir@SnowLakeLithium.com

SOURCE: Snow Lake Resources Ltd.



View source version on accesswire.com:
https://www.accesswire.com/688184/Snow-Lake-Lithium-to-Ring-Nasdaq-Closing-Bell

FAQ

What is the significance of Snow Lake Lithium's Nasdaq listing?

Snow Lake Lithium's Nasdaq listing marks a significant achievement, enhancing its visibility and credibility in the market.

When did Snow Lake Lithium start trading on Nasdaq?

Snow Lake Lithium began trading on Nasdaq on November 19, 2021, under the symbol LITM.

What is Snow Lake Lithium's goal in the electric vehicle market?

Snow Lake Lithium aims to be a fully renewable energy-powered electric mine that delivers zero carbon battery-grade lithium to the electric vehicle market.

What recent developments has Snow Lake Lithium announced?

Recent developments include initiating the first phase of the Initial Assessment and expanding property acreage for resource exploration.

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