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Lithium Corporation Congratulates Board Member James Brown on Role in Major Merger in the Lithium Mining Industry

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Lithium (OTCQB:LTUM) congratulates board member James Brown on his role in the $623 million merger between Sayona Mining and Piedmont Lithium, which will create North America's largest hard-rock lithium producer. Brown, who serves as former CEO and current Executive Director of Sayona Mining, also holds positions as Managing Director of Morella Corp, LTUM's largest shareholder and Optionee on two of its Nevada lithium prospects. CEO Tom Lewis emphasized Brown's valuable experience and dealmaking abilities in supporting LTUM's mission to secure critical metals independence for North America.

Lithium (OTCQB:LTUM) congratula il membro del consiglio James Brown per il suo ruolo nella fusione da 623 milioni di dollari tra Sayona Mining e Piedmont Lithium, che creerà il più grande produttore di litio da roccia dura in Nord America. Brown, che è stato CEO e attualmente è Direttore Esecutivo di Sayona Mining, ricopre anche la carica di Amministratore Delegato di Morella Corp, il principale azionista e Opzionista di LTUM su due dei suoi progetti di litio in Nevada. Il CEO Tom Lewis ha sottolineato l'esperienza preziosa e le abilità di negoziazione di Brown per supportare la missione di LTUM di garantire l'indipendenza dei metalli critici per il Nord America.

Lithium (OTCQB:LTUM) felicita al miembro de la junta James Brown por su papel en la fusión de 623 millones de dólares entre Sayona Mining y Piedmont Lithium, que creará el mayor productor de litio de roca dura en América del Norte. Brown, quien fue CEO y es actualmente Director Ejecutivo de Sayona Mining, también ocupa posiciones como Director General de Morella Corp, el mayor accionista de LTUM y Opcionista en dos de sus proyectos de litio en Nevada. El CEO Tom Lewis enfatizó la valiosa experiencia y las habilidades de negociación de Brown en apoyo a la misión de LTUM de asegurar la independencia de metales críticos para América del Norte.

리튬 (OTCQB:LTUM)은 Sayona Mining과 Piedmont Lithium 간의 6억 2300만 달러 규모의 합병에서 주요 역할을 한 이사회 멤버 제임스 브라운에게 축하를 전합니다. 이 합병은 북미 최대의 경질 리튬 생산업체를 만들 것입니다. 브라운은 Sayona Mining의 전 CEO이자 현재 집행 이사이며, LTUM의 최대 주주이자 네바다의 두 리튬 프로젝트에 대한 옵션 보유자로서 Morella Corp의 관리이사로도 활동하고 있습니다. CEO 톰 루이스는 LTUM의 주요 금속 독립성을 보장하는 사명을 지원하는 브라운의 소중한 경험과 거래 능력을 강조했습니다.

Lithium (OTCQB:LTUM) félicite le membre du conseil James Brown pour son rôle dans la fusion de 623 millions de dollars entre Sayona Mining et Piedmont Lithium, qui créera le plus grand producteur de lithium dur d'Amérique du Nord. Brown, qui a été PDG et est actuellement Directeur Exécutif de Sayona Mining, occupe également des postes de Directeur Général de Morella Corp, le plus grand actionnaire de LTUM et optionnaire sur deux de ses projets de lithium au Nevada. Le PDG Tom Lewis a souligné l'expérience précieuse et les compétences en négociation de Brown pour soutenir la mission de LTUM de garantir l'indépendance des métaux critiques pour l'Amérique du Nord.

Lithium (OTCQB:LTUM) gratuliert dem Vorstandsmitglied James Brown zu seiner Rolle bei der 623 Millionen Dollar schweren Fusion zwischen Sayona Mining und Piedmont Lithium, die den größten Produzenten von Hartgesteinslithium in Nordamerika schaffen wird. Brown, der ehemaliger CEO und derzeitiger Executive Director von Sayona Mining ist, hat auch die Position des Geschäftsführers von Morella Corp inne, dem größten Aktionär von LTUM und Optionsinhaber auf zwei der Lithium-Projekte in Nevada. CEO Tom Lewis hob Browns wertvolle Erfahrung und seine Fähigkeiten im Deal-Making hervor, um die Mission von LTUM zu unterstützen, die Unabhängigkeit kritischer Metalle für Nordamerika zu sichern.

Positive
  • Strategic connection to $623 million lithium industry merger through board member
  • Partnership with Morella Corp as largest shareholder and Optionee on two lithium prospects
Negative
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ELKO, NV / ACCESSWIRE / November 21, 2024 / Lithium Corporation (OTCQB:LTUM) ("LTUM" or "the Company") proudly extends its heartfelt congratulations to LTUM Board Member James Brown, former CEO and current Executive Director of Sayona Mining, and the entire team at Sayona Mining Limited (ASX:SYA) and Piedmont Lithium Inc. (NASDAQ:PLL) for orchestrating the strategic merger between the two companies. The union, valued at $623 million, will create the largest hard-rock lithium producer in North America, and offer significant growth potential and operational efficiencies.

Lithium Corporation has a long-standing relationship with Morella Corp and James Brown, Managing Director, Morella Corp., (ASX:1MC)(OTC:ALTAF). James sits on the Lithium Corporation Board of Directors, and Morella Corp. is both the Company's largest shareholder, as well as the Optionee on two of LTUM's lithium prospects in Nevada.

"We are incredibly fortunate to have James Brown on our team and Morella Corp as an Optionee." said Tom Lewis, CEO, Lithium Corporation. "James's depth of experience and proven track record in the mining and exploration industries, including his recent participation in the Sayona-Piedmont merger, are invaluable assets to Lithium Corporation. The Company is committed to leveraging James Brown's expertise and dealmaking abilities to support our role in securing critical metals independence for North America."

Learn more about Lithium Corporation's complete portfolio of lithium, graphite, titanium/rare earth elements and fluorspar prospects:

https://lithiumcorporation.com/projects/

About Lithium Corporation

Lithium Corporation is a leading mineral exploration company dedicated to advancing clean energy solutions and supporting global electrification. The Company operates as one of only a handful of Project Generators in the critical minerals space in North America. The Company's dual operational focus covers exploration activities in world-class mining jurisdictions including several lithium prospects in Nevada, USA, as well as titanium, rare earth elements, graphite and fluorspar properties in British Columbia, Canada.

Lithium Corporation concentrates its exploration expertise on the energy metals supply chain to help secure a sustainable future through renewable energy. With a focus on innovation and sustainability, the Company is committed to driving a low-carbon future through strategic investments in energy metals for the North American battery supply chain and related opportunities, such as renewable energy generation and energy storage solutions.

About Morella Corporation

Morella Corporation is an exploration and resource development company focused on lithium and battery minerals. The company is engaged in exploration, resource definition, and development activities on projects strategically located in Tier 1 mining jurisdictions in both Australia and the United States. Morella is dedicated to securing and developing lithium raw materials to meet the growing demand for battery minerals, essential for the global transition to a low carbon economy.

Contact Info

James Brown, Managing Director
info@morellacorp.com

On behalf of the Board of Directors

"Tom Lewis"
Tom Lewis,
President & CEO

Website: www.lithiumcorporation.com

Contact

Tom Lewis, CEO
775-410-5287
info@lithiumcorporation.com

Notice Regarding Forward-Looking Statements

This current report contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of minerals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Lithium Corporation (OTC-LTUM) 1031 Railroad St. Ste 102B Elko NV 89801 (775) 410-5287 www.lithiumcorporation.com

SOURCE: Lithium Corporation



View the original press release on accesswire.com

FAQ

What is the value of the Sayona Mining and Piedmont Lithium merger connected to LTUM board member James Brown?

The merger between Sayona Mining and Piedmont Lithium is valued at $623 million and will create the largest hard-rock lithium producer in North America.

What is James Brown's relationship with Lithium (LTUM)?

James Brown serves as a board member of Lithium (LTUM) while also being the Managing Director of Morella Corp, which is LTUM's largest shareholder and Optionee on two of its Nevada lithium prospects.

What are Morella Corp's connections to Lithium (LTUM)?

Morella Corp is both LTUM's largest shareholder and the Optionee on two of LTUM's lithium prospects in Nevada.

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