Iconic Minerals Ltd. the Company would like to provide a corporate update regarding its trading status on the OTCQB. In connection with the Company's recent plan of arrangement with Nevada Lithium Resources Ltd., as part of the Arrangement, the Company was required to amend its authorized share structure, whereby all of the issued and unissued common shares in the capital of Iconic were renamed and redesignated as "Class [...]
Iconic Minerals Ltd. announces that on June 30, 2023 it received acceptance from the TSX Venture Exchange to close its debt settlement announced in its News Release dated April 24, 2023. In accordance with the provisions of Debt Settlement Agreements signed on April 24, 2023, the Company has issued a total of 17,263,273 common shares at a deemed price between $0.1792 and $0.1818 per share to settle $3,127,156.50 of [...]
Iconic Minerals Ltd. is pleased to announce that the Supreme Court of British Columbia has granted the final order approving the previously announced arrangement whereby Nevada Lithium Resources Inc. will acquire, by way of plan of arrangement under the Business Corporations Act , Iconic's 50% interest in the Bonnie Claire Lithium project located in Nye County, Nevada . As previously announced, the Arrangement was [...]
Iconic Minerals Ltd. is pleased to announce that Iconic shareholders have overwhelmingly approved all matters voted on at the annual general and special meeting of shareholders held on May 26, 2023, including the approval of the previously announced arrangement , whereby Nevada Lithium Resources Inc. will acquire Iconic's 50% interest in the Bonnie Claire Lithium project . An aggregate of 31,182,337 votes were cast at the [...]
Iconic Minerals Ltd. is pleased to announce it has completed a new Magnetotellurics survey at its Smith Creek Project in Lander County, Nevada. The 7 lines, interpreted by Fritz Geophysics, revealed a low resistivity zone roughly 1000 feet below surface that may indicate a brine system or salty sediments, as seen in the figure below. This was the target of the MT survey, and the spatial definition of this large, low [...]
Iconic Minerals Ltd. The Company announces that it has negotiated a settlement with certain creditors for outstanding debts in the aggregate amount of Cdn$2,987,800 , subject to acceptance by the TSX Venture Exchange . In accordance with TSX-V Policies, the Debt will be settled by the issuance of 16,482,000 common shares at a deemed price of Cdn$0.18 per share. One Insider will directly and/or indirectly acquire an [...]
Nevada Lithium Resources Inc. and Iconic Minerals Ltd. are pleased to announce that they have entered into a definitive arrangement agreement dated March 24, 2023 , whereby Nevada Lithium will acquire, by way of a plan of arrangement under the Business Corporations Act , Iconic's 50% interest in the Bonnie Claire Lithium Project located in Nye County, Nevada . After the closing of the Arrangement, Nevada Lithium will hold [...]
Iconic Minerals Ltd. and its 50% partner in the Bonnie Claire Lithium Project Nevada Lithium Resources Inc. are pleased to announce the production of marketable battery-grade lithium carbonate from Bonnie Claire Deposit material. The Bonnie Claire Project is located in Nye County, Nevada, and hosts one of the largest lithium resources in North America. Richard Kern, CEO of Iconic Minerals, comments: "The production of [...]
Iconic Minerals Ltd. is pleased to announce it has commenced a new MT survey at its Smith Creek Project in Lander County, Nevada. The purpose of the new Survey is to define the location and depths of high conductivity zones in the subsurface more precisely. Smith Creek has previously completed one MT line, surface sampling, including 5 shallow RC drill holes, which showed that the conductivity highs are over 2,000 feet [...]
Iconic Minerals Ltd. announces that, further to its news release dated November 28, 2022, it has entered into a definitive property option agreement with Lithium of Nevada Pty Ltd , a private Australian company, whereby Iconic's wholly-owned Nevada subsidiary has granted LON the option to earn up to a 50% interest in Iconic's Smith Creek lithium project located 37 miles southwest of Austin, Nevada . Richard Kern, the [...]
Iconic Minerals and Nevada Lithium Resources are pleased to announce that they have entered into a letter of intent dated January 6, 2023, whereby Nevada Lithium and Iconic would consolidate 100% interest in the Bonnie Claire Lithium project, whereby Nevada Lithium would hold a 100% interest in the Project. The Proposed Transaction has the unanimous support of each company's board of directors. Nevada Lithium CEO, Stephen [...]
Iconic Minerals Ltd. is pleased to provide an additional update on the 2022 drill program for the Bonnie Claire Lithium Project , located in Nye County, Nevada. Geochemical results and final drill logs have been received for BC2002C and BC2004C. Results appear to show continuous Lithium mineralization in a shallow zone averaging 360 feet thick and a deeper zone averaging 900 feet thick. The drilling delineates an area [...]
