Edison Lithium Key Executives
This section highlights Edison Lithium's key executives, including their titles and compensation details.
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Edison Lithium Earnings
This section highlights Edison Lithium's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
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| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|
Edison Lithium Corp., a junior mining exploration company, engages in the procurement, exploration, and development of mineral properties. It primarily explores for cobalt, lithium, and other energy metal properties. The company holds a 100% interest in the Kittson Cobalt Project comprising 5 unpatented mining claims totaling 68 units covering an area of approximately 1,090 hectares located in the northeastern Ontario, Canada. It also holds an option to acquire interest in the Lithium Brine claims covering an area of 148,000 hectares located in the province of Catamarca, Argentina. The company was formerly known as Edison Battery Metals Corp. and changed its name to Edison Lithium Corp. in November 2021. Edison Lithium Corp. was incorporated in 2009 and is headquartered in Vancouver, Canada.
$0.07
Stock Price
$1.33M
Market Cap
-
Employees
Vancouver, BC
Location
Financial Statements
Access annual & quarterly financial statements for Edison Lithium, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | September 30, 2023 | September 30, 2022 | September 30, 2021 | September 30, 2020 | September 30, 2019 |
|---|---|---|---|---|---|
| Revenue | $- | $- | $- | $- | $- |
| Cost of Revenue | $11.59K | $11 | $3 | $- | $- |
| Gross Profit | $-11.59K | $-11 | $-3 | $- | $- |
| Gross Profit Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $710.73K | $1.24M | $1.51M | $118.50K | $379.83K |
| Selling and Marketing Expenses | $53.73K | $281.61K | $15.59K | $1.84K | $79.88K |
| Selling General and Administrative Expenses | $836.65K | $1.52M | $1.53M | $120.33K | $459.72K |
| Other Expenses | $- | $98.04K | $- | $35.60K | $47.73K |
| Operating Expenses | $972.68K | $1.53M | $1.53M | $120.33K | $459.72K |
| Cost and Expenses | $984.27K | $1.53M | $1.53M | $120.33K | $459.72K |
| Interest Income | $70.97K | $38.06K | $1.56K | $- | $- |
| Interest Expense | $- | $- | $- | $- | $- |
| Depreciation and Amortization | $123.38K | $39.12K | $1.46M | $92.85K | $23.85K |
| EBITDA | $-848.24K | $-1.47M | $-65.69K | $8.11K | $-459.72K |
| EBITDA Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | $-971.62K | $-1.47M | $-1.53M | $-120.33K | $-459.72K |
| Operating Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income Expenses Net | $58.32K | $53.34K | $-65.69K | $8.11K | $23.45K |
| Income Before Tax | $-913.30K | $-1.45M | $-1.53M | $-84.73K | $-411.99K |
| Income Before Tax Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | $- | $21.08K | $-3.24K | $-93 | $-24 |
| Net Income | $-913.30K | $-1.45M | $-1.53M | $-84.73K | $-411.99K |
| Net Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | $-0.06 | $-0.10 | $-0.14 | $-0.01 | $-0.05 |
| EPS Diluted | $-0.06 | $-0.10 | $-0.14 | $-0.01 | $-0.05 |
| Weighted Average Shares Outstanding | 14.41M | 14.39M | 11.10M | 8.85M | 8.85M |
| Weighted Average Shares Outstanding Diluted | 14.41M | 14.39M | 11.10M | 8.85M | 8.85M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cost of Revenue | $- | $- | $- | $- | $50 | $11.59K | $- | $- | $- | $11 | $- | $- | $- | $3 | $- | $- | $- | $- | $- | $- |
| Gross Profit | $- | $- | $- | $- | $-50 | $-11.59K | $- | $- | $- | $-11 | $- | $- | $- | $-3 | $- | $- | $- | $- | $- | $- |
| Gross Profit Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $145.48K | $376.49K | $183.43K | $311.80K | $336.93K | $263.98K | $126.96K | $181.78K | $67.94K | $83.99K | $132.83K | $252.70K | $765.85K | $750.97K | $258.22K | $492.26K | $10.21K | $14.70K | $41.55K | $48.33K |
| Selling and Marketing Expenses | $3.06K | $11.31K | $25.48K | $63.66K | $65.31K | $36.26K | $126.83K | $9.06K | $8.42K | $34.74K | $68.55K | $62.76K | $115.56K | $7.79K | $6.50K | $1.30K | $- | $- | $- | $1.26K |
| Selling General and Administrative Expenses | $148.53K | $387.80K | $208.91K | $375.46K | $452.50K | $526.48K | $126.96K | $190.84K | $76.35K | $118.73K | $201.39K | $315.46K | $881.41K | $758.75K | $264.72K | $493.56K | $10.21K | $14.70K | $41.55K | $49.59K |
| Other Expenses | $- | $17.00K | $800 | $- | $- | $- | $- | $- | $- | $90.99K | $2.47K | $4.58K | $- | $- | $- | $- | $- | $- | $- | $- |
| Operating Expenses | $148.53K | $404.80K | $209.71K | $375.46K | $452.50K | $526.48K | $126.96K | $190.84K | $176.76K | $129.64K | $201.39K | $315.46K | $881.41K | $761.35K | $264.72K | $493.56K | $10.21K | $14.70K | $41.55K | $49.59K |
| Cost and Expenses | $148.53K | $404.80K | $209.71K | $375.46K | $452.50K | $526.48K | $126.96K | $190.84K | $176.76K | $129.64K | $201.39K | $315.46K | $881.41K | $761.35K | $264.72K | $493.56K | $10.21K | $14.70K | $41.55K | $49.59K |
| Interest Income | $8.64K | $- | $19.25K | $22.63K | $13.46K | $15.54K | $19.63K | $17.41K | $18.38K | $15.20K | $11.73K | $9.27K | $1.86K | $- | $- | $- | $- | $- | $- | $- |
| Interest Expense | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Depreciation and Amortization | $- | $- | $- | $30.84K | $30.84K | $30.84K | $9.78K | $9.78K | $9.78K | $9.78K | $197.55K | $294.46K | $859.01K | $748.20K | $229.62K | $474.85K | $9.70K | $13.98K | $35.87K | $32.64K |
| EBITDA | $-148.53K | $-404.80K | $-209.71K | $-375.46K | $-452.50K | $-526.48K | $-116.85K | $-190.84K | $-175.96K | $-129.64K | $1.51K | $-5.98K | $-22.57K | $-11.38K | $-35.10K | $-18.71K | $-505 | $-724 | $-5.68K | $-16.94K |
| EBITDA Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | $- | $- | $-209.71K | $-375.46K | $-452.50K | $-526.48K | $-126.96K | $-217.26K | $-175.96K | $-79.91K | $-192.79K | $-316.64K | $-879.38K | $-761.35K | $-264.72K | $-493.56K | $-10.21K | $-14.70K | $-41.55K | $-49.59K |
| Operating Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income Expenses Net | $-106.83K | $-393.89K | $37.82K | $22.33K | $50.80K | $-784 | $47.10K | $43.83K | $17.59K | $56.47K | $5.61K | $15.02K | $-174 | $1.78K | $- | $- | $- | $- | $- | $- |
| Income Before Tax | $-106.83K | $-393.89K | $-171.88K | $-353.12K | $-401.69K | $-527.26K | $-79.86K | $-147.01K | $-159.17K | $-73.17K | $-195.78K | $-300.44K | $-881.59K | $-759.57K | $-264.72K | $-493.56K | $-10.21K | $-14.70K | $-41.55K | $-49.59K |
| Income Before Tax Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | $- | $- | $- | $-30.84K | $-31 | $-31 | $-10 | $-43.84K | $-17.60K | $34.51K | $-3.34K | $-10.73K | $-685 | $2 | $-265 | $-479 | $-10 | $-15 | $-42 | $-50 |
| Net Income | $-116.61K | $-98.44K | $-171.88K | $-353.12K | $-401.69K | $-527.26K | $-79.86K | $-147.01K | $-159.17K | $-73.17K | $-195.78K | $-300.44K | $-881.59K | $-759.58K | $-264.72K | $-493.56K | $-10.21K | $-14.70K | $-41.55K | $-49.59K |
| Net Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | $-0.01 | $-0.01 | $-0.01 | $-0.02 | $-0.02 | $-0.04 | $-0.01 | $-0.01 | $-0.01 | $-0.01 | $-0.01 | $-0.02 | $-0.06 | $-0.05 | $-0.03 | $-0.05 | $0.00 | $0.00 | $0.00 | $-0.01 |
| EPS Diluted | $-0.01 | $-0.01 | $-0.01 | $-0.02 | $-0.02 | $-0.04 | $-0.01 | $-0.01 | $-0.01 | $-0.01 | $-0.01 | $-0.02 | $-0.06 | $-0.05 | $-0.03 | $-0.05 | $0.00 | $0.00 | $0.00 | $-0.01 |
| Weighted Average Shares Outstanding | 18.83M | 18.83M | 18.83M | 18.29M | 18.03M | 14.44M | 14.40M | 14.40M | 14.40M | 14.40M | 14.40M | 14.40M | 14.38M | 16.10M | 9.72M | 9.34M | 8.85M | 8.85M | 8.85M | 8.85M |
| Weighted Average Shares Outstanding Diluted | 18.83M | 18.83M | 18.83M | 18.29M | 18.03M | 14.44M | 14.40M | 14.40M | 14.40M | 14.40M | 14.40M | 14.40M | 14.38M | 16.10M | 9.72M | 9.34M | 8.85M | 8.85M | 8.85M | 8.85M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | September 30, 2024 | September 30, 2023 | September 30, 2022 | September 30, 2021 | September 30, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $999.73K | $1.00M | $1.17M | $3.72M | $718.57K |
| Short Term Investments | $- | $496.01K | $1.00M | $- | $- |
| Cash and Short Term Investments | $999.73K | $1.50M | $2.17M | $3.72M | $718.57K |
| Net Receivables | $18.14K | $24.63K | $43.69K | $14.55K | $20.62K |
| Inventory | $- | $- | $- | $- | $- |
| Other Current Assets | $1.69M | $178.37K | $51.78K | $28.86K | $5.00K |
| Total Current Assets | $2.71M | $1.68M | $2.26M | $3.76M | $744.19K |
| Property Plant Equipment Net | $6.25M | $7.48M | $7.58M | $7.13M | $5.45M |
| Goodwill | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- |
| Long Term Investments | $- | $- | $- | $- | $- |
| Tax Assets | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $- | $- | $- | $- | $- |
| Total Non-Current Assets | $6.25M | $7.48M | $7.58M | $7.13M | $5.45M |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $8.96M | $9.16M | $9.85M | $10.89M | $6.19M |
| Account Payables | $168.22K | $124.02K | $44.84K | $62.60K | $17.33K |
| Short Term Debt | $- | $- | $- | $- | $- |
| Tax Payables | $159.05K | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- |
| Other Current Liabilities | $12.59K | $45.31K | $760 | $115.38K | $- |
| Total Current Liabilities | $339.87K | $169.33K | $45.60K | $177.98K | $17.33K |
| Long Term Debt | $- | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $- | $- | $- |
| Total Non-Current Liabilities | $- | $- | $- | $- | $- |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $339.87K | $169.33K | $45.60K | $177.98K | $17.33K |
| Preferred Stock | $- | $- | $- | $- | $- |
| Common Stock | $14.43M | $14.01M | $13.98M | $13.95M | $8.81M |
| Retained Earnings | $-8.00M | $-6.98M | $-7.32M | $-5.87M | $-4.34M |
| Accumulated Other Comprehensive Income Loss | $2.19M | $1.95M | $3.14M | $2.63M | $1.70M |
| Other Total Stockholders Equity | $- | $- | $- | $- | $- |
| Total Stockholders Equity | $8.62M | $8.99M | $9.80M | $10.71M | $6.17M |
| Total Equity | $8.62M | $8.99M | $9.80M | $10.71M | $6.17M |
| Total Liabilities and Stockholders Equity | $8.96M | $9.16M | $9.85M | $10.89M | $6.19M |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $8.96M | $9.16M | $9.85M | $10.89M | $6.19M |
| Total Investments | $- | $496.01K | $1.00M | $- | $- |
| Total Debt | $- | $- | $- | $- | $- |
| Net Debt | $-999.73K | $-1.00M | $-1.17M | $-3.72M | $-718.57K |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $922.60K | $999.73K | $187.26K | $615.72K | $931.28K | $1.00M | $681.83K | $843.66K | $917.45K | $1.17M | $2.64M | $3.02M | $3.41M | $3.72M | $4.37M | $1.67M | $710.83K | $718.57K | $725.84K | $731.25K |
| Short Term Investments | $- | $- | $495.83K | $495.83K | $495.83K | $496.01K | $1.00M | $1.00M | $1.04M | $1.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $922.60K | $999.73K | $683.09K | $1.11M | $1.43M | $1.50M | $1.68M | $1.84M | $1.96M | $2.17M | $2.64M | $3.02M | $3.41M | $3.72M | $4.37M | $1.67M | $710.83K | $718.57K | $725.84K | $731.25K |
| Net Receivables | $32.18K | $18.14K | $102.96K | $76.12K | $53.31K | $- | $- | $55.95K | $46.06K | $43.69K | $42.41K | $23.30K | $17.50K | $14.55K | $26.06K | $- | $17.35K | $20.62K | $20.18K | $19.72K |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $124.26K | $- | $- | $- | $- | $- | $- | $-18 | $4.98K | $4.97K | $4.97K | $42.45K |
| Other Current Assets | $1.66M | $1.69M | $83.80K | $82.71K | $127.81K | $178.37K | $145.59K | $87.04K | $124.28K | $51.78K | $177.82K | $56.96K | $63.50K | $28.86K | $5.65K | $- | $5.00K | $5.00K | $5.00K | $42.51K |
| Total Current Assets | $2.61M | $2.71M | $869.85K | $1.27M | $1.61M | $1.68M | $1.83M | $1.99M | $2.13M | $2.26M | $2.86M | $3.10M | $3.49M | $3.76M | $4.40M | $1.69M | $733.18K | $744.19K | $751.02K | $793.48K |
| Property Plant Equipment Net | $6.25M | $6.25M | $7.82M | $7.53M | $7.53M | $7.48M | $7.60M | $7.54M | $7.59M | $7.58M | $7.18M | $7.17M | $7.15M | $7.13M | $5.47M | $5.45M | $5.45M | $5.45M | $5.45M | $5.45M |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $- | $- | $165.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $- | $- | $-165.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-0 | $- |
| Total Non-Current Assets | $6.25M | $6.25M | $7.82M | $7.53M | $7.53M | $7.48M | $7.60M | $7.54M | $7.59M | $7.58M | $7.18M | $7.17M | $7.15M | $7.13M | $5.47M | $5.45M | $5.45M | $5.45M | $5.45M | $5.45M |
| Other Assets | $- | $- | $- | $- | $-0 | $- | $- | $-0 | $0 | $- | $- | $- | $0 | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $8.86M | $8.96M | $8.69M | $8.80M | $9.13M | $9.16M | $9.43M | $9.53M | $9.72M | $9.85M | $10.04M | $10.27M | $10.64M | $10.89M | $9.87M | $7.14M | $6.18M | $6.19M | $6.20M | $6.24M |
| Account Payables | $201.36K | $168.22K | $126.36K | $116.36K | $100.15K | $139.07K | $14.66K | $30.50K | $68.30K | $44.84K | $82.32K | $97.67K | $166.66K | $62.60K | $120 | $18 | $17 | $17.33K | $9 | $10.37K |
| Short Term Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Payables | $159.05K | $159.05K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Liabilities | $3.00K | $12.59K | $1.96K | $- | $- | $30.26K | $1.24K | $6.68K | $6.25K | $760 | $85.14K | $106.34K | $104.09K | $115.38K | $119.89K | $17.54K | $16.50K | $- | $9.45K | $- |
| Total Current Liabilities | $363.42K | $339.87K | $128.31K | $116.36K | $100.15K | $169.33K | $15.89K | $37.19K | $74.55K | $45.60K | $167.46K | $204.01K | $270.75K | $177.98K | $120.01K | $17.56K | $16.52K | $17.33K | $9.46K | $10.37K |
| Long Term Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1 | $- | $- | $- | $- | $- |
| Total Non-Current Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1 | $- | $- | $- | $- | $- |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $363.42K | $339.87K | $128.31K | $116.36K | $100.15K | $169.33K | $15.89K | $37.19K | $74.55K | $45.60K | $167.46K | $204.01K | $270.75K | $177.98K | $120.02K | $17.56K | $16.52K | $17.33K | $9.46K | $10.37K |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $14.43M | $14.43M | $14.43M | $14.38M | $14.38M | $14.01M | $13.98M | $13.98M | $13.98M | $13.98M | $13.98M | $13.98M | $13.98M | $13.95M | $12.59M | $9.81M | $8.81M | $8.81M | $8.81M | $8.81M |
| Retained Earnings | $-8.12M | $-8.00M | $-7.90M | $-7.73M | $-7.38M | $-6.98M | $-7.71M | $-7.63M | $-7.48M | $-7.32M | $-7.25M | $-7.05M | $-6.75M | $-5.87M | $-5.11M | $-4.84M | $-4.35M | $-4.34M | $-4.33M | $-4.28M |
| Accumulated Other Comprehensive Income Loss | $2.19M | $2.19M | $2.03M | $2.03M | $2.03M | $1.95M | $3.14M | $3.14M | $3.14M | $3.14M | $3.14M | $3.14M | $3.14M | $2.63M | $2.26M | $1.99M | $1.70M | $1.70M | $1.70M | $1.70M |
| Other Total Stockholders Equity | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $157.50K | $- | $- | $- | $- |
| Total Stockholders Equity | $8.50M | $8.62M | $8.56M | $8.68M | $9.03M | $8.99M | $9.41M | $9.49M | $9.64M | $9.80M | $9.87M | $10.07M | $10.37M | $10.71M | $9.75M | $7.12M | $6.16M | $6.17M | $6.19M | $6.23M |
| Total Equity | $8.50M | $8.62M | $8.56M | $8.68M | $9.03M | $8.99M | $9.41M | $9.49M | $9.64M | $9.80M | $9.87M | $10.07M | $10.37M | $10.71M | $9.75M | $7.12M | $6.16M | $6.17M | $6.19M | $6.23M |
| Total Liabilities and Stockholders Equity | $8.86M | $8.96M | $8.69M | $8.80M | $9.13M | $9.16M | $9.43M | $9.53M | $9.72M | $9.85M | $10.04M | $10.27M | $10.64M | $10.89M | $9.87M | $7.14M | $6.18M | $6.19M | $6.20M | $6.24M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $8.86M | $8.96M | $8.69M | $8.80M | $9.13M | $9.16M | $9.43M | $9.53M | $9.72M | $9.85M | $10.04M | $10.27M | $10.64M | $10.89M | $9.87M | $7.14M | $6.18M | $6.19M | $6.20M | $6.24M |
| Total Investments | $- | $- | $660.83K | $495.83K | $495.83K | $496.01K | $1.00M | $1.00M | $1.04M | $1.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Debt | $-922.60K | $-999.73K | $-187.26K | $-615.72K | $-931.28K | $-1.00M | $-681.83K | $-843.66K | $-917.45K | $-1.17M | $-2.64M | $-3.02M | $-3.41M | $-3.72M | $-4.37M | $-1.67M | $-710.83K | $-718.57K | $-725.84K | $-731.25K |
Annual Cash Flow
| Breakdown | September 30, 2024 | September 30, 2023 | September 30, 2022 | September 30, 2021 | September 30, 2020 |
|---|---|---|---|---|---|
| Net Income | $-1.03M | $-913 | $-1.45M | $-1.53M | $-84.73K |
| Depreciation and Amortization | $- | $123 | $39 | $- | $- |
| Deferred Income Tax | $- | $- | $-39 | $- | $- |
| Stock Based Compensation | $164.79K | $73 | $504.82K | $835.74K | $- |
| Change in Working Capital | $244.59K | $-54 | $-100.75K | $33.52K | $3.25K |
| Accounts Receivables | $6.48K | $13 | $-29.13K | $6.06K | $2.60K |
| Inventory | $- | $- | $29.13K | $-6.06K | $-5.65K |
| Accounts Payables | $126.69K | $- | $-24.35K | $26.21K | $5.65K |
| Other Working Capital | $111.42K | $-67 | $-76.40K | $7.31K | $652 |
| Other Non Cash Items | $-599.89K | $95 | $-38.86K | $-221 | $-35.60K |
| Net Cash Provided by Operating Activities | $-1.22M | $-677 | $-1.09M | $-659.03K | $-117.08K |
| Investments in Property Plant and Equipment | $-215.44K | $-129 | $-491.69K | $-300.00K | $-142.50K |
| Acquisitions Net | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $-1.00M | $- | $- |
| Sales Maturities of Investments | $496.01K | $- | $- | $- | $- |
| Other Investing Activities | $517.80K | $638 | $-491.69K | $-49.63K | $-142.50K |
| Net Cash Used for Investing Activities | $798.38K | $510 | $-1.49M | $-349.63K | $-142.50K |
| Debt Repayment | $- | $- | $- | $- | $- |
| Common Stock Issued | $480.00K | $- | $36.00K | $3.87M | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- |
| Other Financing Activities | $-42.34K | $- | $36.00K | $134.00K | $- |
| Net Cash Used Provided by Financing Activities | $437.66K | $- | $36.00K | $4.01M | $- |
| Effect of Forex Changes on Cash | $- | $- | $-5.70K | $6 | $- |
| Net Change in Cash | $20.39K | $-166.99K | $-2.55M | $3.00M | $-259.58K |
| Cash at End of Period | $999.73K | $979.34K | $1.17M | $3.72M | $718.57K |
| Cash at Beginning of Period | $979.34K | $1.17K | $3.72M | $718.57K | $978.16K |
| Operating Cash Flow | $-1.22M | $-677 | $-1.09M | $-659.03K | $-117.08K |
| Capital Expenditure | $-215.44K | $-129 | $-491.69K | $-300.00K | $-142.50K |
| Free Cash Flow | $-1.43M | $-805.22K | $-1.58M | $-959.03K | $-259.58K |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-116.61K | $-98.44K | $-171.88K | $-353.12K | $-401.69K | $-527.26K | $-79.86K | $-147.01K | $-159.17K | $-73.17K | $-195.78K | $-300.44K | $-881.59K | $-759.58K | $-264.72K | $-493.56K | $-10.21K | $-14.70K | $-41.55K | $-48.75K |
| Depreciation and Amortization | $- | $- | $- | $- | $- | $123 | $- | $- | $- | $39 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Income Tax | $- | $- | $- | $- | $- | $53.67K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $154.79K | $- | $- | $10.00K | $73 | $- | $- | $- | $- | $- | $- | $504.82K | $501.81K | $43.16K | $291 | $- | $- | $- | $- |
| Change in Working Capital | $72.54K | $293.99K | $-89.11K | $74.29K | $-34.58K | $155.66K | $-23.91K | $-8.96K | $-46.97K | $80.57K | $-154.83K | $-81.68K | $55.18K | $-63.08K | $88.28K | $5.86K | $2.46K | $7.44K | $36.13K | $14.42K |
| Accounts Receivables | $-14.03K | $78.71K | $-26.84K | $-9.35K | $-36.04K | $53.86K | $-28.65K | $-9.89K | $-2.37K | $-1.28K | $-19.11K | $-5.80K | $-2.95K | $11.50K | $-8.53K | $-183 | $3 | $3 | $- | $19 |
| Inventory | $- | $- | $- | $- | $-11.88K | $- | $- | $9.89K | $2.37K | $1.28K | $19.11K | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $66.20K | $139.40K | $-63.13K | $38.54K | $11.88K | $- | $-15.85K | $-37.01K | $22.67K | $-43.04K | $-16.38K | $-68.99K | $104.06K | $- | $102.45K | $1.04K | $-807 | $- | $- | $- |
| Other Working Capital | $20.37K | $75.88K | $867 | $83.64K | $1.46K | $101.79K | $4.75K | $28.05K | $-69.64K | $123.61K | $-138.45K | $-12.69K | $-48.88K | $-74.58K | $96.80K | $6.04K | $- | $-3 | $37 | $-2 |
| Other Non Cash Items | $-33.06K | $-599.89K | $73.13K | $-26.44K | $-37.34K | $107.10K | $28.65K | $-794 | $794 | $-31.85K | $-2.47K | $-4.58K | $507.77K | $-223 | $2 | $290.77K | $-1 | $8 | $-1 | $-2 |
| Net Cash Provided by Operating Activities | $-77.13K | $-249.55K | $-187.85K | $-314.63K | $-463.62K | $-210.64K | $-103.77K | $-156.76K | $-205.34K | $-24.41K | $-353.08K | $-386.70K | $-321.58K | $-321.07K | $-133.28K | $-196.94K | $-7.74K | $-7.26K | $-5.42K | $-34.34K |
| Investments in Property Plant and Equipment | $- | $70.70K | $- | $-938 | $-44.59K | $-40.83K | $-58.17K | $-23.83K | $-5.87K | $-438.33K | $-29.84K | $-657 | $-22.87K | $-280.49K | $-19.45K | $-64 | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $109 | $39.86K | $-39.97K | $-1.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $496.01K | $- | $- | $- | $503.99K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $- | $517.80K | $-240.60K | $- | $- | $67.30K | $0 | $66.94K | $-5.87K | $-438.33K | $-29.84K | $-657 | $-22.87K | $-49.63K | $-19.45K | $- | $- | $- | $- | $- |
| Net Cash Used for Investing Activities | $- | $1.08M | $-240.60K | $-938 | $-44.59K | $530.46K | $-58.06K | $82.97K | $-45.84K | $-1.44M | $-29.84K | $-657 | $-22.87K | $-330.12K | $-19.45K | $-64 | $- | $- | $- | $- |
| Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $- | $- | $- | $- | $480.00K | $- | $- | $- | $- | $- | $- | $- | $36.00K | $-134.00K | $3.01M | $1.16M | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $- | $- | $- | $- | $-42.34K | $- | $- | $- | $- | $-1 | $- | $- | $36.00K | $1 | $-157.50K | $1.16M | $- | $- | $- | $- |
| Net Cash Used Provided by Financing Activities | $- | $- | $- | $- | $437.66K | $- | $- | $- | $- | $-1 | $- | $- | $36.00K | $1 | $2.85M | $1.16M | $- | $- | $- | $- |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $183 | $- | $- | $- | $- | $-5.44K | $- | $- | $- | $0 | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-77.13K | $812.47K | $-428.46K | $-315.56K | $-70.36K | $319.81K | $-161.83K | $-73.79K | $-251.18K | $-1.47M | $-383.18K | $-387.36K | $-308.45K | $-651.18K | $2.70M | $960.50K | $-7.74K | $-7.26K | $-5.42K | $-34.34K |
| Cash at End of Period | $922.60K | $999.73K | $187.26K | $615.72K | $931.28K | $1.00M | $681.83K | $843.66K | $917.45K | $1.17M | $2.64M | $3.02M | $3.41M | $3.72M | $4.37M | $1.67M | $710.83K | $718.57K | $725.84K | $731.25K |
| Cash at Beginning of Period | $999.73K | $187.26K | $615.72K | $931.28K | $1.00M | $681.83K | $843.66K | $917.45K | $1.17M | $2.64M | $3.02M | $3.41M | $3.72M | $4.37M | $1.67M | $710.83K | $718.57K | $725.84K | $731.25K | $765.59K |
| Operating Cash Flow | $-77.13K | $-249.55K | $-187.85K | $-314.63K | $-463.62K | $-210.64K | $-103.77K | $-156.76K | $-205.34K | $-24.41K | $-353.08K | $-386.70K | $-321.58K | $-321.07K | $-133.28K | $-196.94K | $-7.74K | $-7.26K | $-5.42K | $-34.34K |
| Capital Expenditure | $- | $70.70K | $-240.60K | $-938 | $-44.59K | $-40.83K | $-58.17K | $-23.83K | $-5.87K | $-438.33K | $-29.84K | $-657 | $-22.87K | $-280.49K | $-19.45K | $-64 | $- | $- | $- | $- |
| Free Cash Flow | $-77.13K | $-178.85K | $-428.46K | $-315.56K | $-508.21K | $-251.47K | $-161.93K | $-180.59K | $-211.22K | $-462.74K | $-382.91K | $-387.36K | $-344.45K | $-601.56K | $-152.72K | $-197.00K | $-7.74K | $-7.26K | $-5.42K | $-34.34K |
Edison Lithium Dividends
Explore Edison Lithium's dividend history, including dividend yield, payout ratio, and historical payments.
Edison Lithium News
Read the latest news about Edison Lithium, including recent articles, headlines, and updates.
Edison Lithium Announces Extension of Term of Warrants
Vancouver, British Columbia--(Newsfile Corp. - April 1, 2025) - Edison Lithium Corp. (TSXV: EDDY) (OTC Pink: EDDYF) (FSE: VV0) ("Edison" or the "Company") announces that it intends to extend the expiry date of an aggregate of 4,000,000 common share purchase warrants (the "Warrants") by 24 months to October 26, 2027 (the "Warrant Extension"). The Warrants were issued pursuant to a private placement which closed on October 26, 2023, and are currently set to expire on October 26, 2025.
Edison Lithium Receives Initial Deposit for Sale of Interest in Argentinian Lithium Properties
Vancouver, British Columbia--(Newsfile Corp. - January 2, 2025) - Edison Lithium Corp. (TSXV: EDDY) (OTC Pink: EDDYF) (FSE: VV0) ("Edison" or the "Company") is pleased to announce that, further to its news releases of November 18, 2024, and November 29, 2024, and the proposed disposition of the Company's Argentina subsidiary, Resource Ventures S.A. ("ReVe"), as contemplated by the non-binding purchase offer letter, effective November 12, 2024, from Mava Gasoil LLC ("Mava") for USD$3,500,000 disclosed therein, the Company has received the initial USD$100,000 deposit from Mava.
Edison Lithium Receives Conditional Approval for Sale of Interest in Argentinian Lithium Properties
Vancouver, British Columbia--(Newsfile Corp. - November 29, 2024) - Edison Lithium Corp. (TSXV: EDDY) (OTC Pink: EDDYF) (FSE: VV0) ("Edison" or the "Company") is pleased to announce that, further to its news release of November 18, 2024, the proposed disposition of the Company's Argentina subsidiary, Resource Ventures S.A. ("ReVe"), as contemplated by the non-binding purchase offer letter, effective November 12, 2024, from Mava Gasoil LLC for USD$3,500,000, has received conditional acceptance from the TSX Venture Exchange ("TSXV").
Edison Lithium Arranges Sale of Interest in Argentinian Lithium Properties for US$3.5 Million
Vancouver, British Columbia--(Newsfile Corp. - November 18, 2024) - Edison Lithium Corp. (TSXV: EDDY) (OTC Pink: EDDYF) (FSE: VV0) ("Edison" or the "Company") is pleased to announce that, effective November 12, 2024, it has accepted a non-binding purchase offer letter from Mava Gasoil LLC ("Mava"), a corporation based in Houston Texas, for the sale of 100% of the interest in the Company's Argentina subsidiary, Resource Ventures S.A. ("ReVe"), in consideration for USD$3,500,000.
Edison Lithium Files Technical Report for Sodium Brine Properties in Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - September 24, 2024) - Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV0) ("Edison" or the "Company") is pleased to announce that it has filed a National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") compliant Technical Report entitled "Alkali Mineral Dispositions, Saskatchewan" dated and effective September 17, 2024 (the "Report") under the Company's profile on SEDAR+ at www.sedarplus.ca. The Report was independently prepared by Lynn I.
Edison Lithium Announces Termination of LOI for Sale of Majority Stake in Argentinian Lithium Properties
Vancouver, British Columbia--(Newsfile Corp. - June 10, 2024) - Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV0) ("Edison" or the "Company") announces the termination of its previously announced letter of intent with Meteor Energy, LLC, for the sale of 100% of the Company's interest in its Argentina subsidiary, Resource Ventures S.A. ("ReVe"). ReVe controls the rights to prospective lithium brine claims in the province of Catamarca, Argentina.
Edison Lithium Expands Portfolio with Acquisition of Additional Sodium Brine Claim in Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - April 15, 2024) - Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV0) ("Edison", "Edison Lithium" or the "Company") announces that it has entered into an asset purchase agreement (the "Agreement") with Globex Mining Enterprises Inc. ("Globex") dated the 8th day of April, 2024, pursuant to which the Company shall acquire from Globex the rights to alkali disposition A-4593 (see Figure 1) located in Whiteshore Lake in the Province of Saskatchewan (the "Alkali Disposition"). Edison's recent acquisitions of sodium brine claims is driven by interest in Sodium-Ion battery formulations.
Edison Lithium Receives Court Approval for Edison Cobalt Spin-Out
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2024) - Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV0) ("Edison" or the "Company") is pleased to announce that on March 1, 2024, the Supreme Court of British Columbia issued its final order approving the Company's previously announced plan of arrangement (the "Arrangement") involving its wholly-owned subsidiary, Edison Cobalt Corp. ("Edison Cobalt"). For details regarding the Arrangement, see the news releases of the Company dated March 28, 2023, July 13, 2023, November 28, 2023, December 7, 2023, February 1, 2024 and February 27, 2024.
Edison Lithium Announces Results of Annual General and Special Meeting
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2024) - Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV0) ("Edison" or the "Company") is pleased to announce the results of its annual and general special meeting of securityholders (the "Meeting") held on February 26, 2024. At the Meeting, the shareholders of the Company approved all resolutions placed before them by management as set out in the Company's management information circular dated January 12, 2024, and the related addendum dated January 31, 2024, including: (i) fixing the number of directors at five and electing Nathan Rotstein, James (Jay) Richardson, Luisa Moreno, Gordon Jang, and Roger Dahn as directors of the Company for the ensuing year; (ii) the re-appointment of Dale Matheson Carr-Hilton Labonte LLP, Chartered Professional Accountants, as auditor of the Company for the ensuing year at a remuneration to be fixed by the directors; (iii) the continuation of the Company's 2022 stock option plan; (iv) the ratification of the grant of 915,000 stock options granted to directors and officers of the Company on September 7, 2023; (v) the statutory plan of arrangement (the "Plan of Arrangement") among the Company, the Company's securityholders and Edison Cobalt Corp. ("SpinCo"), a wholly owned subsidiary of the Company (which, in addition to the shareholders of the Company, was approved by the warrantholders and optionholders of the Company); (vi) the disposition of all or substantially all of the Company's undertaking; (vii) the adoption of SpinCo's stock option plan; and (vii) the proposed private placement financing of SpinCo. The Plan of Arrangement remains subject to final TSX Venture Exchange approval and a final order from the Supreme Court of British Columbia.
Edison Lithium Proceeds with Warrant Repricing
Vancouver, British Columbia--(Newsfile Corp. - February 12, 2024) - Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV0) ("Edison" or the "Company") is pleased to announce that it is proceeding with the proposed warrant amendments initially announced on September 6, 2023. The Company had previously announced the cancellation of the proposed warrant amendments on January 2, 2024, but after further consideration and additional consultation with the TSX Venture Exchange ("TSX-V"), the Company will proceed to amend the exercise terms of an aggregate 3,926,125 common share purchase warrants out of a possible 4,048,000 warrants issued pursuant to private placements that closed on February 26, 2021, May 7, 2021 and May 28, 2021, subject to TSX-V final approval.
Edison Lithium Announces Mailing and Filing of Addendum to Meeting Materials for Annual General and Special Meeting and Advises of Updates to Arrangement Terms
Vancouver, British Columbia--(Newsfile Corp. - February 1, 2024) - Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV0) ("Edison" or the "Company") is pleased to announce, further to its news releases dated March 28, 2023, July 13, 2023, November 28, 2023 and December 7, 2023, that it has mailed, using notice-and-access procedures, an addendum (the "Addendum") to the management information circular (the "Circular") and related meeting materials for the annual general and special meeting (the "Meeting") of the Company's shareholders, warrantholders and optionholders (together, the "Securityholders") to be held in connection with the proposed transaction pursuant to which the Company will spin out common shares of its wholly owned subsidiary, Edison Cobalt Corp. ("SpinCo"), to its shareholders by way of statutory plan of arrangement pursuant to the Business Corporations Act (British Columbia) (the "Arrangement"). The Addendum describes revisions to the Circular respecting the share exchange ratio contemplated in the Arrangement and previously announced in the Company's news release dated December 7, 2023 and described in the Circular.
Edison Lithium Not Proceeding with Warrant Terms Amendment
Vancouver, British Columbia--(Newsfile Corp. - January 2, 2024) - Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV0) ("Edison" or the "Company") announces today that, despite initial intentions, it will not be proceeding with the previously proposed warrant amendments announced on September 6, 2023. The Company had planned to amend the exercise terms of 4,048,000 common share purchase warrants (the "Warrants") issued pursuant to private placements that closed on February 26, 2021, May 7, 2021, and May 28, 2021 (the "Private Placements").
Edison Lithium Arranges Sale of Majority Stake in Argentinian Lithium Properties for US$5 Million
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2023) - Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV0) ("Edison" or the "Company") is pleased to announce that it has entered into a letter of intent dated December 18, 2023 (the "LOI") with Meteor Energy, LLC ("Meteor"), an energy corporation based in Dallas, Texas, for the sale of 100% of the Company's interest in its Argentina subsidiary, Resource Ventures S.A. ("ReVe"), in consideration for USD$5,000,000.
Edison Lithium enters agreement for spin out of cobalt assets
Edison Lithium Corp. (TSX-V:EDDY, OTCQB:EDDYF) has announced an arrangement agreement with its wholly-owned subsidiary, Edison Cobalt Corp (SpinCo), paving the way for a distribution of SpinCo's common shares to Edison shareholders. The distribution will occur through a statutory plan of arrangement.
Edison Lithium Enters into Arrangement Agreement for the Spin Out of Cobalt Assets
Vancouver, British Columbia--(Newsfile Corp. - December 7, 2023) - Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV0) ("Edison" or the "Company") is pleased to announce that further to its news releases dated March 28, 2023, July 13, 2023, and November 28, 2023, it has entered into an arrangement agreement dated December 6, 2023 (the "Arrangement Agreement") with its wholly-owned subsidiary, Edison Cobalt Corp. ("SpinCo"), pursuant to which, among other things, a distribution of the common shares of SpinCo will take place with the result that the shareholders of the Company will (other than any dissenting shareholders) also become shareholders of SpinCo by way of a statutory plan of arrangement pursuant to the Business Corporations Act (British Columbia) (the "Arrangement"). Arrangement Highlights: An aggregate of approximately 18,553,916 common shares of SpinCo (the "SpinCo Shares") will be distributed to shareholders of Edison on the basis of one SpinCo Share for every one common share of Edison held as at the distribution date (the "Share Distribution Record Date").
Edison Lithium gets approval to complete spin-out of cobalt assets
Edison Lithium Corp. (TSX-V:EDDY, OTCQB:EDDYF) told investors it has received conditional approval from the TSX Venture Exchange for the proposed plan of arrangement and spin-out of its cobalt assets in northeastern Ontario, which include the Kittson Cobalt Property. The company said the spin-out will be achieved under an arrangement agreement between it and Edison Cobalt Corp (SpinCo), a wholly-owned subsidiary.
Edison Lithium Announces Regulatory Approval to Complete Proposed Spin-Out of Cobalt Assets
Vancouver, British Columbia--(Newsfile Corp. - November 28, 2023) - Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV0) ("Edison" or the "Company") is pleased to announce it has received conditional approval from the TSX Venture Exchange (the "Exchange") for the proposed plan of arrangement and spin-out of its cobalt assets in northeastern Ontario, referred to as the Kittson Cobalt Property (the "Spin-Out"). The Spin-Out will be achieved pursuant to an arrangement agreement (the "Arrangement Agreement") to be executed between the Company and Edison Cobalt Corp. ("SpinCo"), a wholly owned subsidiary of the Company.
Edison Lithium positioning itself for growing demand for NA-ION batteries
Edison Lithium Corp. (TSX-V:EDDY, OTCQB:EDDYF) told investors it plans to capitalize on the emerging growth of sodium ion (NA-ION) batteries as a significant alternative to lithium-ion batteries. Following its acquisition of four prime sodium brine properties in Saskatchewan from Globex Mining Enterprises Inc. (TSX:GMX, OTCQX:GLBXF) in August, the company said in a corporate update that it is positioning itself to meet the growing raw material supply chain demand of the NA-ION battery industry.
Edison Lithium Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - November 2, 2023) - Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV0) ("Edison" or the "Company"), as announced on August 25, 2023, has acquired a 100% interest in four prime sodium brine properties in Saskatchewan. The acquisition of the alkali dispositions, located in Ceylon Lake, Freefight Lake and the north and south areas of Cabri Lake, in the Province of Saskatchewan, allows Edison to capitalize on the emerging growth of the sodium ion ("NA-ION") battery as a significant alternative to the lithium-ion battery by positioning the Company to meet the growing raw material supply chain demand of the NA-ION battery industry.
Edison Lithium Announces Closing of Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 24, 2023) - Edison Lithium Corp. (TSXV: EDDY) (FSE: VV0) ("Edison" or the "Company") is pleased to announce that, further to its news release of September 8, 2023, it is closing its non-brokered private placement (the "Private Placement") with the issuance of a total of 4,000,000 units (the "Units") of the Company at a price of $0.12 per Unit for proceeds of $480,000. Each Unit consists of one (1) common share ("Share") in the capital of the Company and one (1) Share purchase warrant ("Warrant"), whereby each Warrant entitles the warrant holder to acquire one (1) additional Share at a price of $0.20 until October 26, 2025, being the date that is twenty-four (24) months from the date of issuance.
Edison Lithium Announces Intention to Amend Warrant Terms
Vancouver, British Columbia--(Newsfile Corp. - September 6, 2023) - Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV00) ("Edison" or the "Company") announces that it intends to amend the exercise price of an aggregate of 4,048,000 common share purchase warrants (the "Warrants") issued pursuant to private placements that closed February 26, 2021, May 7, 2021, and May 28, 2021 (the "Private Placements"). Subsequent to the closing of the Private Placements, the Company completed a consolidation of its issued and outstanding securities on August 1, 2023, on the basis of eight (8) pre-consolidation securities for one (1) post-consolidation security (the "Consolidation").
Edison Lithium to acquire Saskatchewan alkali dispositions from Globex Mining
Edison Lithium Corp. (TSX-V:EDDY, OTCQB:EDDYF) told investors it has struck a deal with Globex Mining Enterprises Inc. (TSX:GMX, OTCQX:GLBXF) to acquire the rights to certain alkali dispositions in Ceylon Lake, Freefight Lake and the north and south areas of Cabri Lake in Saskatchewan. In a statement, the company noted that the total dispositions cover almost 4,565 acres.
Edison Lithium to Acquire Alkali Dispositions in Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - August 25, 2023) - Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV00) ("Edison" or the "Company") announces that it has entered into an asset purchase agreement (the "Agreement") with Globex Mining Enterprises Inc. ("Globex") dated the 11th day of July, 2023, pursuant to which the Company shall acquire from Globex the rights to certain alkali dispositions located in Ceylon Lake, Freefight Lake and the north and south areas of Cabri Lake, in the Province of Saskatchewan (collectively, the "Alkali Dispositions"). The Alkali Dispositions are summarized below: Alkali Dispositions Location Number of LSD ( 1) Grid Cells Acres Ceylon Lake 32 1,279.86 Freefight Lake 22 883.88 Cabri Lake North 30 1,200.79 Cabri Lake South 30 1,200.36 Total Acres: 4,564.89 (1) Unsurveyed legal subdivision Under the terms of the Agreement, Globex shall transfer all of its right, title and interest in the Alkali Dispositions to Edison in exchange for (a) a cash payment of $35,000 payable to Globex by the Company; (b) the issuance of 156,250 common shares in the capital of Edison (the "Consideration Shares") in favour of Globex; and (c) payment to Globex of a royalty of 2% of gross revenue from Commercial Production (as such term is defined in the Agreement) of mineral products by Edison.
Edison Lithium Announces Share Consolidation
- To result in under 14,500,000 shares outstanding - Vancouver, British Columbia--(Newsfile Corp. - July 28, 2023) - Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV00) ("Edison" or the "Company"), further to its news release of July 13, 2023, announces a consolidation of its issued and outstanding common shares on the basis of one (1) new common share (a "Post-Consolidation Share") for every eight (8) currently-outstanding common shares (the "Consolidation"). Consolidation On a pre-Consolidation basis, the Company has 115,181,311 issued and outstanding common shares and, following the Consolidation, the Company expects to have 14,397,666 common shares issued and outstanding.
Edison Lithium Announces Proposed Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - July 13, 2023) - Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV00) ("Edison" or the "Company") announces that it intends to complete a consolidation of its issued and outstanding common shares on the basis of one (1) new common share (a "Post-Consolidation Share") for every eight (8) currently-outstanding common shares (the "Consolidation"). Consolidation It is anticipated the Consolidation will reduce the number of outstanding shares of the Company from 115,181,311 common shares to approximately 14,397,664 Post-Consolidation Shares, subject to adjustment for rounding.
Edison Lithium moves forward with exploration plan for Argentinian lithium properties
Edison Lithium Corp. (TSX-V:EDDY, OTCQB:EDDYF) said it is progressing with drawing up an exploration plan for its lithium properties in Argentina, which are centrally located in the so-called "lithium triangle", where more than 70% of the world's lithium reserves lie beneath salt flats. The Canada-based mining explorer's prospective lithium brine claims are principally located in the two geological basins known as the Antofalla Salar and the Pipanaco Salar in northern Catamarca Province.
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