Rain City Resources, Inc.
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Benjamin Hill
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 251 Midpark Blvd. SE. Calgary AB Canada T2X 1S3
- IPO Date
- Apr 26, 2019
- Website
- raincityresources.com
- Similar Companies
- Business
- Rain City Resources Inc. (CSE: RAIN) is a Canada-based vertically integrated renewable energy technology company focused on developing direct lithium extraction (DLE) processes for lithium production from brines to meet growing energy storage needs; its core offering is the proprietary ACCELi technology, a patented hydrodynamic cavitation reactor adapted from oil and gas applications that achieves over 85% lithium recovery and greater than 97% purity in lithium phosphate solids with minimal water usage and low capital expenditure; the company also holds interests in lithium exploration properties such as the Bro Property in Yukon, Canada. Founded in 2015 and headquartered at 595 Howe Street in Vancouver, British Columbia, Rain City operates primarily in North and South America, targeting brine sources including the Texas Smackover formation, Marcellus Shale in Pennsylvania, and high-grade salars. Recent developments include the completion of a lithium pilot plant in January 2025, independent validation confirming 94.2% purity lithium phosphate production, a 7.5% interest acquisition in an integrated lithium technology firm, incorporation of subsidiary Rain City Resources Argentina S.A. in November 2024, a Memorandum of Agreement with Y-TEC for zero-water extraction scaling in Argentina in October 2025, and a further strategic relationship with Pontifical Catholic University of Chile for ACCELi validation on Maricunga and La Isla brines aimed at binding commercial agreements within 12 months.
Company News
Rain City Resources Signs Technology Evaluation Agreement with Quiborax S.A. for Landmark Chilean Lithium Recovery Project
Rain City Resources Announces Strategic Agreement to Develop Blockchain-Enabled Traceability, ESG Verification and Digital Infrastructure for Lithium Production Along with Corporate Update
Rain City Resources Inc. Announces Strategic Alliance with Fraunhofer Chile to Advance Its Next-Generation DLE Platform Across the Lithium Triangle
Rain City Resources Inc. Announces Formal Evaluation Framework with YLB in Bolivia
Rain City Resources Announces Expansive Technology Agreement with Ion Source LLC for Lithium and Critical Minerals Extraction
Rain City Resources Announces Revocation of Management Cease Trade Order
Rain City Resources Provides Update on Management Cease Trade Order
Rain City Resources Provides Update on Management Cease Trade Order
Rain City Resources Provides Update on Management Cease Trade Order
Rain City Resources Provides Update on Management Cease Trade Order
Rain City Resources Granted a Management Cease Trade Order for Annual Filings by the Alberta Securities Commission
Rain City Resources Application for Management Cease Trade Order Submitted to Alberta Securities Commission Under Review