공지 • Aug 23
Iberamerican Lithium Corp. Announces the Appointments of Federico Restrepo-Solano and Laureano Von Siegmund to the Board of Directors IberAmerican Lithium Corp. announced the appointments of Mr. Federico Restrepo-Solano and Mr. Laureano von Siegmund to the board of directors of the Company. Mr. Restrepo-Solano is an experienced executive and director who has over 25 years experience in the mining industry and Mr. von Siegmund has over 30 years of legal experience and expertise in several areas, including capital markets, mergers and acquisitions and mining. The appointments of Mr. Restrepo-Solano and Mr. von Siegmund to the Board are subject to the receipt of all necessary regulatory and stock exchange approvals, including the final approval of Cboe Canada. New Risk • Aug 16
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$5.8m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$5.8m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (€2.90m market cap, or US$3.19m). Minor Risk Less than 3 years of financial data is available. New Risk • Aug 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.60m (US$9.30m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (€8.60m market cap, or US$9.30m). Minor Risk Less than 3 years of financial data is available. 공지 • Jun 18
IberAmerican Lithium Corp., Annual General Meeting, Aug 26, 2024 IberAmerican Lithium Corp., Annual General Meeting, Aug 26, 2024. 공지 • Jun 05
IberAmerican Lithium Corp. announced that it expects to receive CAD 7 million in funding IberAmerican Lithium Corp announced a brokered financing of 38,888,889 subscription receipts at a price of CAD 0.18 per subscription receipt for gross proceeds CAD 7,000,0000 on June 3, 2024. Each warrant shall entitle the holder thereof to acquire, subject to adjustment, one share at an exercise price of CAD 0.27 per share for a period of three years from the date on which the escrow release conditions are satisfied. It is anticipated to close on or about June 25, 2024. In connection with the offering, the agent will receive cash commission equal to 7% of the gross proceeds of the offering (reduced to 3.5% in connection with subscription receipts purchased by certain investors on a president's list). The agent shall also receive warrants equal to 7% of the number of subscription receipts sold pursuant to the offering (reduced to 3.5% in connection with subscription receipts purchased by certain investors on a president's list). Each compensation warrant will entitle the holder thereof to subscribe for one share at the offering price for a period of 24 months following the closing of the proposed transaction. 공지 • Jun 01
IberAmerican Lithium Corp. Appoints Mike Jones as Chief Operating Officer IberAmerican Lithium Corp. announced the appointment of Mike Jones as chief operating officer of the company. As chief operating officer, Mike will oversee the mining operations of the company encompassing its existing lithium assets that are in the exploration and evaluation phase, and the tin and tantalum mining operations at the Penouta mine pursuant to the anticipated closing of the previously announced business combination with Strategic Minerals Europe Corp. (Strategic). Mike Jones is a professional mining engineer with over 40 years of experience in the metals and mining industry, across six continents, all major commodities, and most principal mining methods. Mr. Jones held various roles with organizations throughout his earlier career where he served across all levels of mining operations and management, then with Canaccord Genuity as a highly regarded securities analyst in the metals and mining sector before becoming Global Co-Head of Mining Corporate Finance. Thereafter Mike served as an executive for African Minerals Limited, where he worked on the Tonkolili iron ore mine, and associated operations including Marampa and Tambao mines. And most recently, Mike was the Regional Director for Africa Europe and Middle East with a focus on M&A due diligence and business improvement advisory for Hatch Consulting, a global mining and metals engineering company. New Risk • May 16
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$5.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$5.2m free cash flow). Share price has been highly volatile over the past 3 months (31% average weekly change). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (€14.6m market cap, or US$15.8m). 공지 • Apr 05
IberAmerican Lithium Corp. Provides Update on Status of Permits for Lithium Projects IberAmerican Lithium Corp. provided an update on the progress made with respect to the regulatory advancements of the permits underlying its 100% owned Lithium Alberta & Carlota properties located in the Galicia region of northwestern Spain. A three-year extension of the investigation permit underlying the Lithium Alberta project was granted by the Xunta de Galicia ("Xunta") on October 2, 2023. From an administrative perspective, the only pending task is the legal transfer of the investigation permit No. 5186 from Strategic Minerals Spain, SLU ("SMS") to IberAmerican Lithium Spain, SLU ("IberSpain"). To date, all of the necessary documents to effect the aforementioned transfer have been submitted with the Xunta and are currently being processed. In tandem with progress at the Lithium Alberta project, the Company is poised to advance exploration initiatives at the Lithium Carlota project. The application for investigation permit No. 5191 has been transferred to IberSpain from SMS. IberSpain has submitted all requisite documentation, including an exploration plan, to the Xunta. Currently, the Company awaits the issuance of the permit, poised to commence further operations upon receipt. New Risk • Feb 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.25m (US$9.97m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (52% average daily change). Market cap is less than US$10m (€9.25m market cap, or US$9.97m). 공지 • Feb 11
IberAmerican Lithium Corp. Announces Resignation of Miguel De La Campa's as Director IberAmerican Lithium Corp. announced changes to its board of directors (the "Board"). The Company has accepted Miguel de la Campa's resignation as a director of IberAmerican. Mr. de la Campa has been a member of the Board since the Company completed its go-public transaction in September 2023. In addition to being a member of the Board, Mr. de la Campa served as a member of the audit committee. Mr. de la Campa is stepping down as a member of the Board to pursue other opportunities. The Board expects to promptly appoint an independent director to fill the vacancy resulting from the resignation of Mr. de la Campa. New Risk • Nov 26
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €2.08m (US$2.28m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (33% average weekly change). Market cap is less than US$10m (€2.08m market cap, or US$2.28m).