Li3 Lithium Corp. Announces Warrant Extension
Li3 Lithium Corp. Announces Warrant Extension
Toronto, Canada November 23, 2022 – L i 3 L i t h i u m C o r p . ( T S X V LILI) (“ Li3 Lithium ” or the
“Company”) announces that the Company has elected to extend the expiry date of 4,200,000 share
purchase warrants (“Warrants”) which allow holders to purchase up to 4,200,000 common share s in the
authorized share capital of the Company at an exercise price of $0.20 per share, from December 22, 2022
to December 22, 2024. All other terms of the Warrants remain unchanged. The extension of the expiry date
of the Warrants is subject to TSX Venture Exchange approval.
About Li3 Lithium Corp.
Li3 Lithium is focused on acquiring and developing hard rock spodumene lithium assets in Zimbabwe and
Argentina, where the founders have significant experience and relationships. As evidenced by recent market
growth, hard rock lithium deposits are forecast to continue to dominate the global supply of lithium given
the scarcity, complexity and capex-intensive nature of alternative brine sources.
Li3 Lithium has a 50% interest in Li3 Resources Inc., a private company with a joint-venture agreement to
acquire up to a 50% interest in the Mutare Lithium Project, whi ch consists of 1,500 hectares of licenses
within the Mutare Greenstone Be lt of Zimbabwe. The area was dee med prospective for lithium-cesium-
tantalum (LCT) type pegmatites based on prior target generation work. Management believes the lithium
exploration potential of the Mut are Greenstone Belt is analogou s to that of the Pilbara Craton pegmatites
in Western Australia. A three ph ase exploration program on the Mutare Lithium Project is underway that
includes resource identification, delineation and development.
Contact Information:
Li3 Lithium Corp
Stephen Dunn, CEO
Tel: 416-361-2827
Email: [email protected]
www.lithium3.com
CAUTIONARY STATEMENT:
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this release.
This news release contains certain “forward-looking information ” within the meaning of applicable
securities laws. Forward looking information is frequently characterized by words such as “plan”, “expect”,
“project”, “intend”, “believe”, “anticipate”, “estimate”, “may” , “will”, “would”, “potential”, “proposed”
and other similar words, or stat ements that certain events or c onditions “may” or “will” occur. These
statements are only predictions . Forward-looking information is based on the opinions and estimates of
management at the date the inf ormation is provided, and is subj ect to a variety of risks and uncertainties
and other factors that could cause actual events or results to differ materially from those projected in the
forward- looking information. For a description of the risks an d uncertainties facing the Company and its
business and affairs, readers should refer to the Company’s Man agement’s Discussion and Analysis. The
Company undertakes no obligation to update forward-looking info rmation if circumstances or
management’s estimates or opinions should change, unless required by law. The reader is cautioned not to
place undue reliance on forward-looking information.