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Millennial Lithium Corp TSX Venture: ML-X

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Latest Press Releases

Millennial Lithium Corp. Announces Receipt of Superior Proposal
- Newsfile Corp - Wed Sep 8, 12:03PM CDT
Newsfile Corp - CMTX
Wed Sep 8, 12:03PM CDT
Vancouver, British Columbia--(Newsfile Corp. - September 8, 2021) - Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQB: MLNLF) ("" or the "") announces that it has received an unsolicited non-binding proposal from a foreign based lithium battery production company ("") for the acquisition of all of the issued and outstanding common shares of Millennial (each, a "") not already owned by the New Offeror (the ""). The board of directors of Millennial (the ""), after consultation with the Company's financial and legal advisors, and after consideration of a recommendation from the Special Committee of the Board has unanimously determined that the New Offer constitutes a "Superior Proposal" in accordance with the terms of the arrangement agreement between Millennial, Ganfeng Lithium Co., Ltd. (HK: 1772) (OTCQX: GNENF) ("") and 1314992 B.C. Ltd. (a subsidiary of Ganfeng) dated July 16, 2021, as amended (the "").
Millennial Announces Completion of Mailing of Information Circular Concerning Plan of Arrangement with Ganfeng Lithium Co., Ltd.
- Newsfile Corp - Wed Sep 1, 8:05PM CDT
Newsfile Corp - CMTX
Wed Sep 1, 8:05PM CDT
Vancouver, British Columbia--(Newsfile Corp. - September 1, 2021) - Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQB: MLNLF) ("Millennial" or the "Company") and Ganfeng Lithium Co., Ltd. (HK: 1772) (OTCQX: GNENF) ("Ganfeng") announced on July 16, 2021 that they had entered into a definitive arrangement agreement dated July 16, 2021 pursuant to which Ganfeng, through a British Columbia subsidiary, will acquire all of the outstanding common shares of Millennial (each, a "Common Share") by way of a plan of arrangement (the "Arrangement"). On August 27, 2021, Millennial announced it had received an interim order of the British Columbia Supreme Court authorizing and approving various matters in connection with the Arrangement under the British Columbia Business Corporations Act including the holding of a special meeting (the "Meeting") to approve the Arrangement.
Millennial Announces Receipt of Interim Court Order for Plan of Arrangement with Ganfeng Lithium Co., Ltd.
- Newsfile Corp - Fri Aug 27, 7:32AM CDT
Newsfile Corp - CMTX
Fri Aug 27, 7:32AM CDT
Vancouver, British Columbia--(Newsfile Corp. - August 27, 2021) - Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) ("Millennial" or the "Company") and Ganfeng Lithium Co., Ltd. (HK: 1772) (OTCQX: GNENF) ("Ganfeng") announced on July 16, 2021 that they had entered into a definitive arrangement agreement dated July 16, 2021 pursuant to which Ganfeng, through a British Columbia subsidiary, will acquire all of the outstanding common shares of Millennial (each, a "Common Share") by way of a plan of arrangement (the "Arrangement").
Lithium Mining Market Expected To Reach $1.8 Billion By 2022, Significantly Growing at a CAGR Of 7.0% - Financial News Media
- MENAFN - Tue Aug 3, 1:53PM CDT
MENAFN - CMTX
Tue Aug 3, 1:53PM CDT
Palm Beach, FL - August 3, 2021 – FinancialNewsMedia.com News Commentary – The lithium mining market consists of sales of lithium and its compounds by entities (organizations, sole traders and partnerships) that mine lithium and its compounds, which are used in industrial applications, including heat-resistant glass and ceramics, lithium grease lubricants, flux additives for iron, steel and aluminum production, lithium batteries, and lithium-ion batteries. According to the Business Research Company, the lithium mining market expected to reach a value of nearly $1.81 billion by 2022, significantly growing at a CAGR of 7.0% during the forecast period. The growth in the lithium mining market is due to increased use of autonomous hauling systems trucks in the mining industry, which is significantly enhancing production efficiency and reducing turnaround time. Increasing demand for lithium-ion (Li-ion) batteries in various applications, especially the automotive industry, is expected to augment market growth through 2027, according to Grand View Research. Their report said that the global lithium market size was valued at USD 4.23 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 1.9% from 2020 to 2027. Active stocks in the mining markets this week include (OTCQB: PNXLF) (TSX-V: LIT), (OTCQX: MLNLF) (TSX-V: ML), (NYSE: ALB), (NYSE: LTHM), (NYSE: SLI) (TSX-V: SLI).
Black Mountain Gold USA Corp. Confidently Developing Its Mohave Gold Project with Industry 'Dream Team'
- GlobeNewswire - Thu Jul 29, 8:00AM CDT
GlobeNewswire - CMTX
Thu Jul 29, 8:00AM CDT
Black Mountain Gold USA Corp. (OTCQB: BMGCF) (TSXV: BMG) (FSE: 9WW) is confidently moving forward with its Exploration Plan of Operation on the company's Mohave Gold Project in the Black Mountains of Mohave County, Arizona--and for good reason. After taking over the project in mid-2020 via a joint venture option agreement, Black Mountain Gold (BMG) was born, and the company's shareholders welcomed a leadership team with a proven track record of success.
Arena Minerals Announces Closing of Sal de la Puna Acquisition and Initial Tranche of Offering
- GlobeNewswire - Mon Jul 26, 10:56AM CDT
GlobeNewswire - CMTX
Mon Jul 26, 10:56AM CDT
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
Ganfeng Lithium Co., Ltd. to Acquire Millennial Lithium Corp. in an All-Cash Offer for $353 Million
- Newsfile Corp - Fri Jul 16, 8:35AM CDT
Newsfile Corp - CMTX
Fri Jul 16, 8:35AM CDT
Vancouver, British Columbia--(Newsfile Corp. - July 16, 2021) - Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQB: MLNLF) ("" or the "") and Ganfeng Lithium Co., Ltd. (HK: 1772 ) (OTCQX: GNENF) ("") are pleased to announce that they have entered into a definitive arrangement agreement (the ""), dated July 16, 2021 pursuant to which Ganfeng, through a British Columbia subsidiary, will acquire all of the outstanding common shares of Millennial (each, a "") by way of a plan of arrangement (the ""), for CAD $3.60 per Common Share (the "") in cash representing total cash consideration of approximately C$353 million.
The Global Lithium-Ion Battery Market Size is Estimated to Exceed $94 Billion by 2025
- PR Newswire - PRF - Wed Jun 16, 7:30AM CDT
PR Newswire - PRF - CMTX
Wed Jun 16, 7:30AM CDT
/PRNewswire/ -- The growth of the global lithium-Ion battery market is likely to be driven by the excellent features of li-ion batteries, increasing adoption of consumer electronics, and growing R&D initiatives by different organizations & battery manufacturers. Moreover, an increase in demand for plug-in vehicles, rising need for automation and battery-operated material-handling equipment in industries, propelling demand for smart devices and other industrial goods, and high requirement of lithium-ion batteries for industrial applications are other key driving factors. A  from MarketsAndMarkets said that the global lithium-ion battery market size is estimated to grow from in 2020 to by 2025; it is expected to grow at a CAGR of 16.4%. It added that market for lithium nickel manganese cobalt is expected to grow at a higher rate during the forecast period."  The report said: "The energy density of NMC batteries is its primary strength. It achieves this energy density with excellent stability due to the use of an optimum ratio of nickel manganese and cobalt. It also has a good charge and discharge cycle. These features enable its application in industries such as automotive." Active stocks in the markets this week include (OTCQB: MLNLF) (TSX-V: ML), (NASDAQ: PLL) (NYSE: LTHM), (NYSE: ALB).
Electric Vehicle (EV) Battery Market Is Steadily Rising Globally As Demand for Lithium Surges
- PR Newswire - PRF - Tue Jun 15, 8:30AM CDT
PR Newswire - PRF - CMTX
Tue Jun 15, 8:30AM CDT
/PRNewswire/ -- Today, with the increasing concerns raised over the environmental impact of conventional vehicles, governments around the world are encouraging the adoption of vehicles using alternative sources of fuel. EVs are zero-emission vehicles and are gaining preference for clean public transport across countries. Lithium-ion batteries are the most common battery type used in modern electric vehicles. These batteries have higher energy density compared to lead-acid or nickel-metal hydride batteries. Their compact size makes them preferable in the automotive industry. with the increasing concerns raised over the environmental impact of conventional vehicles, governments around the world are encouraging the adoption of vehicles using alternative sources of fuel. EVs are zero-emission vehicles and are gaining preference for clean public transport across countries. Several national governments offer financial incentives, such as tax exemptions and rebates, subsidies, reduced parking/toll fees for EVs, and free charging, to encourage the adoption of EVs. Thus, globally the requirement of EV battery is gaining fast pace. A  from MarketsAndMarkets said that the global EV battery market is projected to grow at a CAGR of 25.3% from in 2021 to by 2025. Increasing demand of electric vehicles, improvement in battery technology, supporting government policies and regulations, and launch of new plug-in EV models are factors responsible to drive the EV battery market.  Active stocks in the markets this week include (OTCQB: MLNLF) (TSX-V: ML), (NASDAQ: TSLA), (NYSE: NIO), (NYSE: CCIV), . (NASDAQ: WKHS).
Millennial Lithium Corp. Announces Additional License Acquisitions at its Pastos Grandes Project, Argentina to Increase Holdings to 14,091 Hectares
- Newsfile Corp - Tue Jun 15, 7:02AM CDT
Newsfile Corp - CMTX
Tue Jun 15, 7:02AM CDT
Vancouver, British Columbia--(Newsfile Corp. - June 15, 2021) -  is pleased to announce that it has been successful in a recent Mining Court lottery hearing and was awarded priority rights over the areas covered by PPG 01 (formerly La Union), and PPG 03 (formerly Aguamarga 19) mining licenses ("minas"). The company has exercised those rights and the title transfer is in process. The two new minas are 968.7 hectares (ha) and 394.8 hectares respectively and increase the Company's landholdings at the Pastos Grandes Salar to approximately 14,091 hectares. The PPG 01 license is just north of the Pastos Grandes Salar and is of strategic importance to the Company for project infrastructure and as a potential supplemental source of fresh water.

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