GT1 building a vertically integrated Lithium business in Ontario, Canada and will become the first lithium producer in the area!!
They now have $40m cash with 275.6m shares (post new shares to LG)
Current total resource 14.4MT @ 1.03% with significant resource upgrades expected, from 10 projects in the area, which most have been untouched.
1st production in 2025
LG energy solution (one of the largest battery makers in the world) have signed an offtake with GT1 and paid a premium of 92c for $20m
Lithium America's took a significant holding in GT1 at $1.05 for $14m in April 2022
1st class management team with decades of experience in the lithium industry
Don't be confused with pretenders in Canada.
Why are some of the biggest players in the lithium and battery space wanting to be part of GT1?? Its because its the real deal and progressing nicely to production.
More assays incoming and a huge drilling program to begin shortly.
GT1 Price at posting:
77.0¢ Sentiment: Buy Disclosure: Held
