LRS 1.25% 20.3¢ latin resources limited

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    Since we got an update on The Gold and Halloysite Exploration, I think now is a good time to take a good look at the Integra Capital our JV partner In Argentina. Especially when the DD cut off date 30 SEP is nearing. We know LRS very well but who is Integra Capital?


    Founded in 1995, Integra Capital has developed
    projects for more than 17 billion dollars in financing
    and Investment.

    integracapital.com

    Integra Capital has a subsidiary in Lithium , IntegraLithium integralithium.com


    Integra has a diversified portfolio in more than 10 countries and has developed projects and ventures with private institutions and investors valued at more than $16.5 billion.

    As one of Argentina’s largest lithium explorers,(experts in exploration) Integra holds more than 400,000 hectares of lithium brines projects in Jujuy and Catamarca provinces. (That means they already have Lithium projects in the same area )

    The firm has also developed a portfolio of assets in oil exploration and production, natural gas distribution, electricity generation and distribution, and also has investments in uranium and copper. (focused on mining)

    Integra provides services such as mergers and acquisitions, financial structuring, IPOs, due diligence procedures, debt and company restructuring. (Investment bank, means funding from A to Z)With Integra you can be sure this Lithium project will go to production with
    1. Local knowledge and expertise in Argentina
    2. IntegraLithium has the technical expertise and manpower, and will undergo feasibility, engineering and metallurgy studies on the project
    3. Integra’s financial capacity has the ability to rapidly explore and develop a lithium project
    Now let's see what did Integra say about the JV:

    Integra Capital founder and president Jose Luis Manzano said: “We are very happy in becoming partners with Latin Resources in Argentina to advance this promising lithium pegmatite project.

    “We expect to benefit from the knowledge of Latin Resources and contribute with our experience in Argentina and our highly qualified team to advance the project.”

    This is also a very good video where he explains his view on the importance of Lithium for Integra's future . He is more than keen on developing Lithium mining. So in other words it's a long-term focus for them.






    Once the deal is finalised ( by 30 sep 2020) Integra has an option to become Latin’s largest corporate shareholder through an equity investment to take a cornerstone 10% holding in the Company.

    Ok this is where we have to ask ourselves the importance of having a MULTI-BILLION company as the largest shareholder. Firstly they might decide to have a board member as the largest shareholder. Maybe opt for an Australian office to pursue their core business activities here, they are in 10 other countries so it fits their global strategy. Wouldn't they be interested in getting LRS's future business in Financing? Such as our Halloysite/Kaoline or Gold Projects if/when we end up with a jorc? Will we ever worry about CR or funding from people such as LIND ever again? Wouldn't it be in their best interest as a major shareholder of LRS to engage in ensuring best outcome on all projects not just the Lithium?
    The opportunities that come with having a company such as Integra with us are enormous.
    Panorama Minero
    INICIO INGLES

    Latin Resources signs JV agreement with Integra Capital, an argentinian investment company

    • Integra to spend up to USD $1million (AUD $1.4 Million) in a Joint Venture with Latin to explore, develop and earn 50% of its Catamarca lithium pegmatite projects

    Integra has an option to become Latin’s largest corporate shareholder through an equity investment to take a cornerstone 10% holding in the Company

    • Agreement with Latin signals Integra’s move into the hard rock lithium sector to become a major player in the lithium sector

    Aggressive exploration campaign targeting a maiden JORC Resource followed by feasibility, metallurgy and engineering studies.

    Latin Resources Limited announced that it has signed a transformational joint venture agreement on the Company’s Catamarca lithium Pegmatite projects with the Argentinian investment group Integra Capital S.A. (“Integra”). The agreement underpins the strategic approach by Latin in identifying, acquiring and advancing large-scale land positions of highly prospective mineral projects to attract joint venture partners. The signing of the binding Joint Venture agreement comes after an extensive and thorough negotiations on Latin’s concessions which encompasses over 70,000 hectares in the province of Catamarca.

    Integra is an investment company that has a diversified portfolio in more than ten countries. Founded in 1995, Integra has developed projects and ventures with private institutions and investors for more than $16.5 billion in financing and investment projects. Integra is one of Argentina’s largest lithium explorers and holds over 400,000 hectares of lithium brines projects in Jujuy and Catamarca provinces. The firm has developed a portfolio of assets in oil exploration and production, natural gas distribution, electricity generation and distribution. The company also has investments in uranium and copper. Integra provides services such as mergers and acquisitions, financial structuring, IPOs, due diligence procedures, debt and company restructuring.

    Integra will spend up to USD$1 million (AUD$1.4 Million) under a Joint Venture (“JV”) which will underpin an aggressive exploration program on the Catamarca concessions, with the initial aim of delivering a maiden JORC resource. Following the release of a maiden JORC resource on the projects, the joint venture focus will turn to project development, including feasibility, engineering and metallurgy studies to produce a lithium spodumene concentrate. Latin has already developed a high-level scoping study with consulting engineers Primero Group for the Argentinian lithium assets.

 
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