> DOWNLOAD LIEG CORPORATE PRESENTATION
Li3 Energy, Inc. is a South American based global exploration and developmental stage public company in the lithium mining and energy sector. Li3 aims to acquire, develop and commercialize a significant portfolio of lithium brine deposits in the Americas. With its controlling interest in its Maricunga project (consisting of mining concessions covering an area of approximately 3,553 acres located in the Salar de Maricunga in northern Chile) and its other prospective strategic lithium and mineral holdings, Li3 Energy is focused on achieving commercialization of these assets in an accelerated manner by exploring the use of intensified evaporative and other advanced processing technologies. Li3's goals are to: a) support the global implementation of clean and green energy initiatives; b) meet growing lithium market demand and c) become a mid-tier, low cost supplier of lithium, potassium nitrate, iodine and other strategic minerals, serving global clients in the energy, and specialty chemical industries. Li3 maintains corporate offices in Lima, Peru and Santiago, Chile. Li3 has several subsidiaries; Li3 Energy Peru SRL, a wholly owned subsidiary in Peru, formed to explore mining opportunities in South America; Minera Li Energy SPA, a wholly owned subsidiary in Chile; Noto Energy S.A. ("Noto"), an Argentinean corporation.
Company Highlights:
- 2011 Financing: raised aggregate gross proceeds of US$17,929,255 from debt and equity financings.
- December 2010 – Signed Letter of Intent to acquire Maricunga Project.
- May 2011 – Closed acquisition of 60% Controlling Interest in Maricunga Project.
- June 9th, 2011 – Maricunga identified as "Top 11 Lithium Project in the World" – signumBOX.
- June, 2011 – Entered Memorandum of Understanding with R3 Fusion to explore enhanced evaporative technology in lithium processing.
- August, 2011- Signed agreements for Strategic Partnership with POSCO Canada Ltd., (POSCAN) a wholly owned subsidiary of POSCO (NYSE: PKX) which established an $18MM Exploration and Development program for Maricunga among other things.
- September, 2011 – Closed US$8 million Funding Tranche with POSCAN.
- September, 2011 – Launched US$8 million Phase One Exploration & Development Plan.
- October, 2011 – Realigned the Li3 Board - appointed three senior mining and business executives to serve on its Board of Directors.
- November, 2011 – Maricunga Operational Updates – "On Plan, On Budget".
- December, 2011 – Mr. Patrick Cussen was named Chairman of the Board of Directors.
- December 2011 – Improved transparency and independence by constituting the following Board committees: Audit, Compensation, Health & Safety, Environment and Community; and Nominating Corporate Governance.
- January 2012 – Executed agreement with R3 Fusion Inc. for Pilot / Demonstration Facility.
Li3 is led by a management team of seasoned industry veterans with extensive exploration, mining, minerals, finance and commercialization expertise and a Board of Directors including global industry thought leaders who have advised, led and operated numerous mining entities. Li3 plans to become a low-cost provider of lithium and other minerals, creating a globally focused, leader in the lithium sector. |