LithiumBank Resources Corp.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Robert Shewchuk
- Full Time Employees
- - -
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- 595 Howe Street Vancouver BC Canada V6C 2T5
- IPO Date
- Apr 1, 2022
- Website
- lithiumbank.ca
- Similar Companies
- Business
- LithiumBank Resources Corp LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) is a lithium exploration and development company focused on lithium-enriched brine projects in Western Canada. The company advances its flagship Boardwalk and Park Place lithium brine projects through resource delineation, direct lithium extraction (DLE) pilot testing, and preliminary economic assessments; it holds 1,240,140 acres of brownfield brine-hosted mineral licenses across Alberta and Saskatchewan, targeting modular DLE plants that leverage existing oil and gas infrastructure for low-capex production. LithiumBank Resources Corp. was founded in 2019 and maintains headquarters in Vancouver, Canada. The company's core offerings center on lithium brine resource development, including NI 43-101 compliant mineral resource estimates, hydrogeological modeling, bulk brine sampling, and DLE technologies that achieve up to 95% lithium recovery and over 99% impurity rejection; it has produced battery-grade lithium carbonate in pilot tests and targets commercial production via phased modular approaches. Operations span west-central Alberta for Boardwalk (159,979 hectares with measured, indicated, and inferred resources exceeding 5 million tonnes LCE) and Park Place (461,388 hectares), serving the electric vehicle battery supply chain with high-grade brines averaging 70-82 mg/L lithium. Recent developments include a July 2025 award of CAD $3.9 million in non-dilutive funding from Emissions Reduction Alberta to advance Boardwalk via well re-entries and DLE feasibility studies targeted for completion by end-2026; a May 2025 update to the Park Place NI 43-101 resource estimate; a February 2025 announcement of a 30% increase in Boardwalk resources to 5,195,000 tonnes LCE measured and indicated at 81.6 mg/L; April 2025 confirmation of high-recovery DLE results using SLB technology on both projects; and a March 2025 $5 million private placement. In November 2025, LithiumBank initiated acquisition of a second suspended production well at Boardwalk to unlock ERA funding milestones and support near-term brine productivity testing. The company continues de-risking through drilling, reservoir modeling, and partnerships such as with SLB for subsurface work and G2L Greenview for DLE IP licensing.
Company News
LithiumBank Advances Boardwalk Permitting Pathway as Environmental Field Surveys Begin
LithiumBank Resources Selected for Inclusion in the Canada Investment Summit Prospectus
LithiumBank Resources Corp. Announces Successful Regulatory Transfer of 10-6 Well to Brine Production Well at Flagship Boardwalk Project and Option Grant
LithiumBank Resources Announces Trading on Tradegate Exchange in Germany Under Symbol HT9
LithiumBank Announces Closing of Upsized Private Placement
LithiumBank Announces Non-Brokered Private Placement
LithiumBank Receives First Tranche of Funding from Emissions Reduction Alberta Following Completion of Milestone 1 at Boardwalk
LithiumBank Signs Binding Option Agreement on Strategic Land for Central Processing Facility at Boardwalk Lithium Brine Project
LithiumBank Appoints Former ExxonMobil Project Development Director Logan Harris as VP Project Development
LithiumBank Signs Non-Binding Letter of Intent to Acquire Fundamental Infrastructure for the Boardwalk Lithium Brine Project
LithiumBank Announces AGM Results
LithiumBank Advances Boardwalk Toward Commercial Production with SLB
LithiumBank Completes Bulk Brine Sampling at Boardwalk Lithium Project
LithiumBank Receives License and 100% Ownership of Second Well at Boardwalk Lithium Project
LithiumBank Closes $2.25 Million Private Placement
LithiumBank Signs Development Agreement with Leading Energy Services and Technology Supplier That Includes Binding DLE Licensing Terms to Advance Boardwalk to Commercial Production with Project Execution Targeted for 2027
LithiumBank to Acquire Second Well for Re-entry and Unlock Era Funding at Boardwalk Lithium Project
LithiumBank Awarded $3.9M in Non-Dilutive Funding from Emissions Reduction Alberta to Advance Boardwalk Lithium Brine Project
LithiumBank Updates NI 43-101 Lithium Brine Resource Estimate at Park Place, West-Central Alberta
CORRECTION FROM SOURCE: LithiumBank Announces AGM Results