Liberty One Lithium Corp. (TSX-V: LBY) (OTCQB: LRTTF) Breaking News -
August 17, 2017

Liberty One Lithium Reports Positive Geophysical Survey Results Exceed Expectations in Argentina

Company discovers thick, contiguous brine horizon across entire 29km length of Pocitos West Salar

VANCOUVER, BC (August 17, 2017) -- Liberty One Lithium Corp. (TSX.V: LBY) (OTCQB: LRTTF) (FRANKFURT: L1T) (“Liberty” or the "Company"), is pleased to announce tremendous results from its geophysical survey at its Pocitos West property in Argentina. The Company has detected a probable brine horizon extending throughout the entire 29 km length of Liberty‟s mining property, suggesting the potential for lithium to exist beneath much of the Company‟s 160 km2 licensed area. The survey also indicates that the depth of the conductive horizon is as much as 150 meters thick in a number of target locations.

The company conducted a Vertical Electrical Soundings (“VES”) survey which detects variations in subsurface conductivity. As brine is highly conductive, it was the key subsurface target. Measurements collected at 11 stations along the 29 kilometer north-south extent of the tenements, based on comparative results with local and similar rock types bearing brines, indicates the possibility of a continuous, buried conductive horizon, contiguous with the salar lake beds. Thus, the entire 160 km2 of the property appears to contain subsurface brine, which suggests the potential for lithium mineralization throughout the property.

Company CEO, Brad Nichol, states, “The entire team – in Argentina and in Canada – is thrilled with this result, which has exceeded everyone‟s expectations and is the first step in confirming the possibility of extensive, buried salar sediments through much of our property. We had hoped to find „sweet spots‟ within our tenement, but were delighted to learn the entire length of our property may contain brine; and correspondingly, lithium. The results, and proximity on-trend to known lithium brine production 25 km to the north of our holdings, suggests the potential for the continuation of lithium brine beneath much of our property.” Nichol adds, “We have immediately undertaken the required actions to obtain all of the necessary permits so that we can commence drilling as soon as possible. It‟s also worth noting that the drill program is fully funded with cash reserves already in our treasury. Liberty is well positioned to leverage the three most important core values to our board and myself: location, team and capital management.”

Based on the compelling results of the geophysical survey, the logical next step is to initiate a drill campaign on the property to test for chemistry, lithology, permeability and porosity. The Company has undertaken to provide all data necessary to obtain the requisite environmental and drilling permits. Simultaneously, our experienced team is in the process of examining the VES data in more detail to elect preliminary drill targets. Subject to receiving the regulatory approvals and permits, Liberty expects to commence drilling in Q4 2017, if not sooner.

This news release has been reviewed by Iain Scarr, AIPG CPG., Chief Operating Officer of the optionee of the property, Millennial Lithium Corp (TSX.V:ML) and a qualified person as that term is defined in National Instrument 43-101.
For further information about Liberty One Lithium Corp., please visit www.libertyonelithium.com or view the Company‟s filings at www.SEDAR.com.

ON BEHALF OF THE BOARD OF DIRECTORS “/s/ Brad Nichol”

Brad Nichol President & CEO

About Liberty One Lithium Corp. (TSX.V: LBY) (OTCQB: LRTTF) (FRANKFURT: L1T) Liberty One Lithium Corp. is an exploration company focused on the acquisition and development of high grade lithium brine deposits. Based in the heart of the well-known “Lithium Triangle” and positioned on-trend and within 25 km of several lithium producers, our extensive Pocitos West Argentinian property is ideally situated for lithium brine concentration via low-cost and well-proven evaporation methods, and is adjacent to excellent infrastructure and a skilled, experienced labour force. Liberty‟s international team is comprised of recognized technical experts that have focused on lithium for decades, and is managed with a critical eye on value-creative decision making, aimed at ensuring the Company is well-capitalized and consistently creating value for shareholders. Read more at: www.libertyonelithium.com/about-us/summary 

Cautionary Statement Regarding “Forward-Looking” Information Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as “anticipates,” "plans," “expects,” “intends,” “is expected,” “potential,” “suggests” or variations of such words or phrases, or statements that certain actions, events or results “may,” “could,” “should,” “would,” “might” or “will” be taken, occur or be achieved. Forwardlooking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company‟s control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CONTACT Walter Spagnuolo Invictus Investor Relations Office: +1 (800) 274-8143 Email: investors@l1lithium.com Website: www.libertyonelithium.com

Source:  Liberty One Lithium Corp.
 

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Recent News for Liberty One Lithium Corp.:

 

Liberty One Lithium Announces Filing of 43-101 Technical Report Detailing Pocitos Salar Opportunity

Company aims to proceed with exploration of large area brine resource potential located within the heart of South

VANCOUVER, BC (08/03/17) -- Liberty One Lithium Corp. (TSX.V: LBY) (OTCQB: LRTTF) (FRANKFURT: L1T) (“Liberty” or the "Company"), an emerging exploration company focused on the acquisition and development of high grade lithium brine deposits, is pleased to announce that it has completed and filed a National Instrument 43-101 compliant technical report regarding its 39,183 acre mineral option in the Pocitos Salar located in the Altiplano-Puna region of South America known as the Lithium Triangle, a region proven to host the largest portion of lithium brine resources in the world.

Highlights of the Technical Report are as follows:

Previous, and in some instances historic, exploration followed up with geophysics, suggests that multiple brine-bearing aquifers may occur to a depth of some 450 meters, with a particularly responsive target between 200 to 450 meters depth.

More recent geophysics studies published by Liberty One Lithium and others, including partner-operators Millennial Lithium (TSX VENTURE: ML) (FRANKFURT: A3N2) (OTCQB: MLNLF), targeted various parts of the salar, and all indicate the potential for brine bearing sediments at depth.

The author notes that recent developments in other lithium resource areas have shown that the more highly enriched brine resources and more transmissive aquifers are found at greater depths in the salars of the region.

The author summarizes that the Pocitos West project appears productive for lithium and suggests that it offers a reduced level of risk justifying further exploration efforts and expenditures.

Recommendations conclude the large target (150 square kilometers) can be tested to determine the potential for development of a resource in a rather short time. If initial deep reconnaissance drilling is successful in identifying lithium-bearing brine of commercial interest, further exploration work will be undertaken to determine the resources of lithium in brine, the effective recovery of brine, and the economic viability and subsequent mining and refining operations.

A proposed staged workplan will be presented to the board for approval and is outlined within the report.

Company CEO, Brad Nichol, stated, "We are thrilled with this report, as it confirms Liberty One's enviable position within the Lithium Triangle. The report also endorses at least one of the three pillars upon which Liberty One was built -- Location. Within the roughly 400km x 400km famous Lithium Triangle we have secured what could become a prolific lithium asset that lies within 40km of several successful and significant lithium brine discoveries. A world-class team, Liberty One's second pillar, has bolstered its impressive track record by the strength of this report. Finally, Liberty One's third pillar, capital discipline, should be mentioned, as the Company has demonstrated the foresight to have successfully raised sufficient capital to undertake a staged work plan and fund operations for the next year." Nichol added, "These are the three principles upon which I made my decision to join, and make a significant investment in, Liberty One. My assessment was disciplined and researched, and this report is the very first step in validating that decision."

The technical report entitled "Technical Report on the Pocitos West Project, Salta Province, Argentina" dated effective June 22, 2017 in accordance with National Instrument 43-101 - "Standards of Disclosure for Mineral projects" provides extensive details of the Pocitos West Project under option by Liberty One Lithium. The Technical Report was prepared by Nivaldo Rojas, FAusIMM of Rojas Mining Advisors, a "qualified person" for the purposes of NI 43-101.

As previously disclosed, the Company was granted the sole and exclusive right and option to acquire up to an eighty (80%) percent undivided beneficial right, title and interest in the Property pursuant to a mineral option and joint venture agreement with Millennial Lithium Corp. (see press release dated June 15, 2017).

Readers are cautioned that this Technical Report was prepared to fulfill continuous disclosure requirements and the Technical Report does not disclose a compliant resource estimate. A copy of the Technical Report has been filed on SEDAR.

Nivaldo Rojas, FAusIMM, an arm's length party to the Company, is the Qualified Person responsible for the technical disclosure in this news release, in accordance with National Instrument 43-101.

For further information about Liberty One Lithium Corp., please visit www.libertyonelithium.com or view the Company's filings at www.SEDAR.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"/s/ Brad Nichol"

Brad Nichol
President & CEO

About Liberty One Lithium (TSX VENTURE: LBY) (OTCQB: LRTTF) (FRANKFURT: L1T)
Liberty One Lithium Corp. is an emerging exploration company focused on the acquisition and development of high grade lithium brine deposits. The Company believes that strategic global resources are the key to a robust energy strategy to protect economic stability worldwide. Find out more at: www.libertyonelithium.com.

Cautionary Statement Regarding "Forward-Looking" Information Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as "anticipates," "plans," "expects," "intends," "is expected," "potential," "suggests" or variations of such words or phrases, or statements that certain actions, events or results "may," "could," "should," "would," "might" or "will" be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CONTACT
Walter Spagnuolo
Invictus Investor Relations
Office: +1.604.343.8661
Email: investors@l1lithium.com
Website: www.libertyonelithium.com

Source: Liberty One Lithium Corp.
 

Liberty One Lithium Appoints Brad Nichol as CEO

Veteran Resource Executive Brings Macro Perspective to Growing Company

VANCOUVER, BC (07/25/17) -- Liberty One Lithium Corp. (TSX.V: LBY) (OTCQB: LRTTF) (FRANKFURT: L1T) (“Liberty” or the "Company"), an emerging exploration company focused on the acquisition and development of high grade lithium brine deposits, is pleased to announce the appointment of Mr. Brad Nichol, P. Eng., MBA to the position of Chief Executive Officer and President of the Company.

Mr. Nichol is an international entrepreneur who has served and advised corporations on strategy and finance for over 25 years. Throughout his career he has served as both senior executive and director of a number of public and private enterprises across the finance and resource sectors.

Since 2005, he has led the development of several exploration & production companies in the oil and gas sector, principally based in Calgary, Alberta. During this period, he led each successive organization through multiple rounds of private and public project financings, initiated and executed dual listings, established key international and domestic financial relations, oversaw M&A, technical, operational, HR, investor relations, legal and regulatory functions as well as closing several accretive asset acquisitions and financings in multiple jurisdictions.

Prior to this, Brad served as a Management Consultant at a top-tier international firm in New York and London advising Fortune 50 corporations on business and corporate strategies.

Previously, Mr. Nichol worked at Schlumberger, the world's largest oil and gas services firm. He served in various technical, managerial, marketing and sales roles in North America, South America and Europe. The majority of his work focused on reservoir evaluation and production enhancement strategies. From 1992 until 2001 Mr. Nichol managed operations and executed projects in Canada, the United States and South America, including responsibility for reservoir stimulation and wellbore construction services for BP in Colombia. Mr. Nichol left Schlumberger to pursue his MBA at one of the world's top ranked business schools, the London Business School, in the UK and graduated with honors in 2003. Mr. Nichol also holds a BSc. in Mechanical Engineering from the University of Alberta and has been a registered Professional Engineer since 1994.

Company Director and CFO, Morgan Tincher, states, "We are delighted to have Brad join with us today. His background in corporate finance as well as his extensive understanding of resource development is a huge plus for our growing operation. Liberty is about to execute on several operational activities and having an experienced hands-on operator will be instrumental in achieving maximum benefits for our shareholders. We look forward to Brad's guidance as we strive to become one of the leading operators in the lithium brine space."

In related news, the Company's Board of Directors wishes to advise that Mr. Bradley Hoeppner has stepped down from the role of President and CEO effective immediately. Mr. Hoeppner remains as a Director and valued advisor of the Company, with many thanks for his dedication and timely service during the Company's period of formation.

For further information about Liberty One Lithium Corp., please visit www.libertyonelithium.com or view the Company's filings at www.SEDAR.com.

ON BEHALF OF THE BOARD OF DIRECTORS "/s/ Morgan Tincher"

Morgan Tincher
Director & CFO

About Liberty One Lithium (TSX VENTURE: LBY) (OTCQB: LRTTF) (FRANKFURT: L1T) Liberty One Lithium Corp. is an emerging exploration company focused on the acquisition and development of high grade lithium brine deposits. The Company believes that strategic global resources are the key to a robust energy strategy to protect economic stability worldwide. Find out more at: www.libertyonelithium.com.

Cautionary Statement Regarding "Forward-Looking" Information Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as "anticipates," "plans," "expects," "intends," "is expected," "potential," "suggests" or variations of such words or phrases, or statements that certain actions, events or results "may," "could," "should," "would," "might" or "will" be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CONTACT
Walter Spagnuolo
Invictus Investor Relations
Office: +1.604.343.8661
Email: investors@l1lithium.com
Website: www.libertyonelithium.com

Source: Liberty One Lithium Corp.

Liberty One Lithium to Commence Geophysical Survey at Pocitos Salar, Argentina

Company aims to identify extent of subsurface lithium brine asset

VANCOUVER, BC (07/13/17) -- Liberty One Lithium Corp. (TSX.V: LBY) (OTCQB: LRTTF) (FRANKFURT: L1T) (“Liberty” or the "Company"), an emerging exploration company focused on the acquisition and development of high grade lithium brine deposits, is pleased to announce plans for a geophysical survey at its 15,857 hectare (39,183 acre) joint venture interest in the Pocitos West Project located on the Pocitos Salar in Salta Province, Argentina.

Liberty One Lithium, through its operating partner Millennial Lithium Corp. ("Millennial") (TSX VENTURE: ML) (FRANKFURT: A3N2) (OTCQB: MLNLF), has contracted Salta based Tecnología y Recursos ("TyR") to conduct a geophysical survey at Pocitos West. TyR will conduct a Vertical Electrical Soundings ("VES") survey which detects variations in subsurface conductivity. The VES survey can identify differences between dry sediments, sediments with fresh or low-salinity water, massive halite (rock salt), and basement rocks. TyR will take measurements at 11 stations along the 29 kilometer north-south extent of the tenements, reporting results based on modeling the on-the-ground results with the conductivity parameters of the local rock types and similar rock types bearing fresh water and brines.

The 60-kilometre-long Pocitos salar basin was previously drill tested with 12 shallow holes in 1979 by an Argentine government agency, the Direccion General de Fabricaciones Militares. The most significant result from the historical work program includes a shallow drill hole, which averaged 417 parts per million lithium and 15,300 parts per million potassium. The results of these holes and the sampling conducted are historical in nature and cannot be confirmed by the company under National Instrument 43-101 standards of exploration applicable today.

Geologically, salars are topographically depressed and surrounded by hills and mountains. The salar basins are filled with surface runoff and subsurface flow from the surrounding high terrain. The sediments are the product of erosion of the mountain around the salars, which tend to mask the actual size of the salt flats as shown at surface. Most of the advanced-stage projects in Argentina are extending their resource below the alluvial fans. At the Pocitos West Project area, previous geophysics profiles indicate that the body of brine extends toward the west beneath the alluvial fans on trend with the Liberty One property at depths of up 500 feet or more.

Morgan Tincher, Liberty One Lithium's CFO notes, "We are pleased to have the ability to quickly move forward in determining the extent of the mineral assets at Pocitos West. Our JV partners at Millennial have extensive exploration experience in the area and we are very much on the same page with their proposed workplan and executable timeline. We enjoy the same enthusiastic outlook for the opportunities this region represents, as Lithium continues to show great promise for the foreseeable future. As mentioned previously, our intent is to move ahead with our initial NI 43-101 report and to continue to focus our efforts on building shareholder value.

Iain Scarr, AIPG, CPG, an arm's length party to the Company, is the Qualified Person responsible for the technical disclosure in this news release, in accordance with National Instrument 43-101.

For further information about Liberty One Lithium Corp., please visit www.libertyonelithium.com or view the Company's filings at www.SEDAR.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"/s/ Morgan Tincher"

Morgan Tincher
CFO and Director

About Liberty One Lithium (TSX VENTURE: LBY) (OTCQB: LRTTF) (FRANKFURT: L1T)
Liberty One Lithium Corp. is an emerging exploration company focused on the acquisition and development of high grade lithium brine deposits. The Company believes that strategic global resources are the key to a robust energy strategy to protect economic stability worldwide. Find out more at: www.libertyonelithium.com.

Cautionary Statement Regarding "Forward-Looking" Information Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as "anticipates", "plans", "expects", "intends", "is expected", "potential", "suggests" or variations of such words or phrases, or statements that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CONTACT
Walter Spagnuolo
Invictus Investor Relations
Office: +1.604.343.8661
Email: investors@l1lithium.com
Website: www.libertyonelithium.com

Source: Liberty One Lithium Corp.

Liberty One Lithium Acquires Interest in the Heart of Argentina's Lithium Triangle

Company to explore Pocitos Salar in JV with Millennial Lithium

VANCOUVER, BC (06/15/17) -- Liberty One Lithium Corp. (TSX.V: LBY) (OTCQB: LRTTF) (FRANKFURT: L1T) (“Liberty” or the "Company"), an emerging exploration company focused on the acquisition and development of high grade lithium brine deposits, is pleased to announce closing of a mineral option and joint venture agreement with Millennial Lithium Corp. of Vancouver, BC (TSX VENTURE: ML) (FRANKFURT: A3N2) (OTCQB: MLNLF).

The agreement grants Liberty One Lithium the sole and exclusive right and option to acquire up to an eighty (80%) percent undivided beneficial right, title and interest in the Pocitos West project in Argentina consisting of a total area of 15,857 Ha (approx.39,000 acres) along the western portion of the Pocitos Salar located in Los Andes Department, western Salta Province. The project is ideally located directly in the middle of the Argentinian segment of the well-known lithium triangle. Terms and conditions of the agreement have been filed as part of the Company's ongoing regulatory disclosure obligations, and are available at www.sedar.com.

The 60-kilometre-long Pocitos salar basin was previously drill tested with 12 shallow holes in 1979 by an Argentine government agency, the Direccion General de Fabricaciones Militares (DGFM). The most significant result from the historical work program includes a shallow drill hole, which averaged 417 parts per million (ppm) lithium and 15,300 ppm potassium. The results of these holes and the sampling conducted are historical in nature and cannot be confirmed by the Company under National Instrument 43-101 standards of exploration applicable today.

Geologically, Salars are topographically depressed and surrounded by hills and mountains. The salar basins are filled with surface runoff and subsurface flow from the surrounding high terrain. The sediments are the product of erosion of the mountain around the salars, which tend to mask the actual size of the salt flats as shown at surface. Most of the advanced stage projects in Argentina are extending their resource below the alluvial fans. At the Pocitos West project area, previous geophysics profiles indicate that the body of brine extends toward the west beneath the alluvial fans on-trend with the Liberty One property at depths of up 500 feet or more.

Company President Brad Hoeppner states, "We have recently completed a detailed field inspection with our JV partners and had an opportunity to meet with several operators in the area. Examination of sampling efforts that were underway at an adjacent claim area were extremely interesting and we are preparing to move ahead with our initial NI 43-101 report with an aim to ready work plans in accordance with our agreement. We look forward to moving our project ahead to build shareholder value as a result of our efforts."

Iain Scarr, AIPG, CPG, an arm's length party to the Company, is the Qualified Person responsible for the technical disclosure in this news release, in accordance with National Instrument 43-101.

For further information about Liberty One Lithium Corp., please visit www.libertyonelithium.com or view the Company's filings at www.SEDAR.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"Bradley Hoeppner"

Bradley Hoeppner
CEO and Director

About Liberty One Lithium (TSX VENTURE: LBY) (OTC PINK: LRTTF) (WKN: A2DHMB)
Liberty One Lithium Corp. is an emerging exploration company focused on the acquisition and development of high grade lithium brine deposits. The Company believes that global resources are the key to a robust energy strategy to protect economic stability worldwide. Find out more at: www.libertyonelithium.com.

Cautionary Statement Regarding "Forward-Looking" Information Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as "anticipates", "plans", "expects", "intends", "is expected", "potential", "suggests" or variations of such words or phrases, or statements that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CONTACT
Walter Spagnuolo
Invictus Investor Relations
Office: +1.604.343.8661
Email: investors@l1ithium.com
Website: www.libertyonelithium.com

Source: Liberty One Lithium Corp.

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About Liberty One Lithium Corp.:

Liberty One Lithium Corp. (TSX.V: LBY) (OTCQB: LRTTF) is an exploration company focused on the acquisition and development of high grade lithium brine deposits.

Our three core values:

Location: Based in the heart of the well-known “Lithium Triangle” and positioned on trend and within 25 km of several lithium producers, our extensive Pocitos West Argentinian property is adjacent to high voltage power lines, a rail line, a natural gas pipeline, international roads leading to a deep-water port, fresh water and available skilled and experienced labour. At just under 4,000 meters above sea level, it is also ideally situated for lithium brine concentration via low-cost and well-proven evaporation methods.

Team: Liberty’s international team is comprised of recognized technical experts that have focused on lithium for decades, including a number of staff that previously worked within Argentina’s mining ministry, drilling companies, laboratories, engineering and chemical specialty firms.

Capital Management: The Company was founded on the premise that capital is scarce and will be stubbornly managed with a critical eye on value-creative decision making. Liberty has an established history of raising significant capital at continuously higher share prices; thus, ensuring the Company is well-capitalized and consistently creating value for shareholders. Markets have responded with compelling liquidity – a critical factor for our major institutional investors.

The Lithium Marketplace

Lithium accounts for only about 5% of the materials in some car batteries, and for less than 10% of their cost. But the element is a vital component of batteries that power everything from cars to smartphones, laptops and power tools. With demand for such high-density energy storage set to surge as vehicles become greener and electricity becomes cleaner, Goldman Sachs recently called lithium “the new gasoline”.

That has made it the world’s hottest commodity. The price of battery grade 99%-pure lithium carbonate imported to China escalated from around US$7,000/tonne in mid-2015 to over well over US$20,000/tonne as recently as June, 2016.

The rise mostly reflected concerns about the future liquidity of China’s spot market. China gets much lithium from spodumene rock in Australia, an alternative to South American brine. Albermarle, an American miner, and Tianqi, its Chinese joint-venture partner, plan to use spodumene from a big Australian mine to process more battery-grade lithium carbonate and hydroxide. That will mean less ore available on the spot market in China.

The current industry is concentrated, which adds concerns. Last year Albermarle, the world’s biggest lithium producer, bought Rockwood, owner of Chile’s second-biggest lithium deposit. It and three other companies—SQM, FMC of America and Tianqi—account for most of the world supply of lithium salts, according to Citigroup. What is more, a big lithium-brine project in Argentina, run by a joint venture of Orocobre, an Australian miner, and Toyota, Japan’s largest carmaker, is behind schedule. Though the Earth contains plenty of lithium, extracting it can be costly and time-consuming, so higher prices may not automatically stimulate a surge in supply.

Demand is also on the upturn. At the moment, the main lithium-ion battery-makers are Samsung and LG of South Korea, Panasonic and Sony of Japan, and ATL of Hong Kong. But China also has many battery-makers. Its government is stepping up the promotion of lithium-ion batteries and electric vehicles, with the biggest emphasis on buses. Sales of “new energy” vehicles in China almost tripled in the first ten months of 2015 compared with the same period in 2014, to 171,000.

Additionally, Tesla Motors, is building its “Gigafactory” in Nevada, which it has stated it hopes to supply lithium-ion batteries for 500,000 cars a year within five years. J.B. Straubel, Tesla’s chief technical officer, says the firm wants to secure supplies of many battery materials, not just lithium. “There’s so much hype in the lithium market right now…people look at it as this magical element,” he says. Nonetheless, in August Bacanora, a Canadian firm, said it had signed a conditional agreement to supply Tesla with lithium hydroxide from a mine that it plans to develop in northern Mexico. Bacanora’s shares jumped on the news—though analysts noted that shipping fine white powder across the United States border would need careful handling.

Bigger carmakers also have a growing appetite for lithium. In a recent shift, Toyota has begun offering lithium-ion batteries instead of heavier nickel-metal hydride ones in its Prius hybrid. Tougher emissions standards in Europe and America are likely to boost carmakers’ need for lithium.

Another big source of demand may be for electricity storage. The holy grail of renewable electricity is batteries cheap and capacious enough to overcome the intermittency of solar and wind power—for example, to store enough power from solar panels to keep the lights on all night. Tesla recently announced it will start installing “Powerwall” battery packs in American and Australian homes to store solar energy, at a cost of $3,000. Enel, an Italian utility, is launching similar storage products this year in South Africa, where homes and businesses suffer frequent black-outs.

Power utilities will increasingly use giant battery packs, charging them at times of low demand and tapping them to provide short bursts of electricity at peak times, an alternative to building a fossil-fuel plant that will sit idle the rest of the time. AES Energy Storage, a big provider of energy storage, won a contract in 2014 to provide a “peaker plant” in Southern California that will provide up to 100 megawatts (MW) of power into the grid at moments of maximum demand. In December, the firm agreed to buy, over several years, enough lithium-ion batteries from LG to provide ten times this level of peak power—that is, 1 gigawatt, or more than the output of an entire, typical-size coal-fired power station. “We’re hybridising the power grid,” says John Zahurancik, its boss.

In summary, a number of market forces are at work that all link to lithium as an in-demand metal for the foreseeable future. Liberty One Lithium Corp. sees it as an opportunity to participate in the diversification and continued growth (and protection) of a robust global energy policy.

Liberty One aims to aid a strategic policy that assures access to lithium, for a better future for everyone.

With edited notes from “An increasingly precious metal” – The Economist, (2016)

Projects:

Liberty One Lithium’s prospect is located in the Pocitos Salar in Los Andes Department, Western Salta Province, Argentina and consists of over 39,000 acres in the middle of the lithium triangle. Information currently available for the Pocitos basin, as released by other lithium companies in the region, demonstrates that this is an exploration target with a high probability to host high grade lithium- bearing brines at depth.

Highlights
- Near Enirgi’s Rincón project and their future Lithium plant designed to produce 50,000 tonnes of LCE.
- The Project is located in the middle of all the current lithium Projects of the region
- Mining friendly jurisdiction
- Known geological district with important Li & K grades
- The distance from Salta Capital is only 160 Km, accessible by National and Provincial roads.
- Near Pocitos town (Access to labour)
- Near an international pass to Chile
The Project has access to high quality regional and site infrastructure facilitating project development, with road, rail, port facilities and power generation services such as electrical and natural gas.

UTAH:

The geology and controls of mineralization in the immediate area of the Liberty One Lithium property are reasonably well known as a result of mapping and extensive oil and gas drilling. The presence of the adjacent Cane Creek mine which has been producing potash for 45 years uses a similar process as envisioned for mining lithium at Liberty One indicates that this form of production should be feasible. The recovery of lithium and other products from the supersaturated brines should also be feasible since globally, similar brines are the primary source of the world’s lithium.

While not yet sufficiently well-defined for mining purposes, the lithium resource appear to be extensive, based on historic oil and gas well data, and on brine studies from the 1960’s.

Available data, indicates clearly that mineralization exists and represents a substantial resource as shown by the drilling, sampling and geologic modeling done by prior operators on the property. Historic resource estimates are not currently NI 43-101 compliant, but the Company aims to work towards compliance by additional drilling and examination of additional data by a “Qualified Person.”

As a result of a review of current prices and near-term market projections for the anticipated products, particularly lithium, as well as advances in recovery technology beyond the basic methods used at the adjacent Cane Creek potash mine, it is the Company’s opinion that this property has a reasonable likelihood of being profitably exploited.

The available data from the area of the Liberty One Lithium property is a strong indication of the potential for it to become a producer of lithium and other products. In order to confirm those indications, additional work will be necessary.

Management:

Brad Nichol, P. Eng., MBA, President & CEO

Mr. Nichol is an international entrepreneur who has served and advised corporations on strategy and finance for over 25 years. Throughout his career he has served as both senior executive and director of a number of public and private enterprises across the finance and resource sectors. Since 2005, he has led the development of several exploration & production companies in the oil and gas sector, principally based in Calgary, Alberta. During this period, he led each successive organization through multiple rounds of private and public project financings, initiated and executed dual listings, established key international and domestic financial relations, oversaw M&A, technical, operational, HR, investor relations, legal and regulatory functions as well as closing several accretive asset acquisitions and financings in multiple jurisdictions. Prior to this, Brad served as a Management Consultant at a top-tier international firm in New York and London advising Fortune 50 corporations on business and corporate strategies. Previously, Mr. Nichol worked at Schlumberger, the world’s largest oil and gas services firm. He served in various technical, managerial, marketing and sales roles in North America, South America and Europe. The majority of his work focused on reservoir evaluation and production enhancement strategies. From 1992 until 2001 Mr. Nichol managed operations and executed projects in Canada, the United States and South America, including responsibility for reservoir stimulation and wellbore construction services for BP in Colombia. Mr. Nichol left Schlumberger to pursue his MBA at one of the world’s top ranked business schools, the London Business School, in the UK and graduated with honors in 2003. Mr. Nichol also holds a BSc. in Mechanical Engineering from the University of Alberta and has been a registered Professional Engineer since 1994.

Morgan Tincher, CFO & Director

Mr. Tincher brings +20 years of corporate finance experience and +12 years of finance advisory expertise in the technology, entertainment and natural resources sectors with a focus on public and private financing, corporate governance, merger structure, acquisitions and IPOs. Mr. Tincher’s responsibilities include all financial operations management, stakeholder engagement, compliance and regulatory matters. Prior to Liberty One Lithium Corp., he served as CEO, President and Director of Oculus Ventures Corporation (2012 to 2014) through reverse merger acquisition and capitalization ($20MM) of Toronto based Slyce Inc. (now Pounce Technologies Inc.). During the same period, Mr. Tincher assisted in the capitalization ($10MM) of Trace Intelligent Systems of Venice, CA, which led to the acquisition of Draganfly Innovations Inc. Mr. Tincher served (2007-2011) as VP Finance at Probe Resources Ltd. (now Rooster Energy Ltd.) assisting in raising >$50MM in capital via both debt and equity offerings. Mr. Tincher also served as a Director of Inform Resources Corp. (September 2013 to October 2015) and currently serves on the boards of two privately held companies.

Kyle Stevenson, Director

Mr. Stevenson is currently the President and a Director at Millennial Lithium Corp. (TSX.V: ML) (FRA: A3N2) (OTCQB: MLNLF) and brings over 15 years of experience in finance, marketing and operations to the team at Liberty One. Kyle has filled several high-profile roles over the years, including; President/Director of RuralCom Networks, a licensed Canadian Telecom provider acquired by Investel Capital in 2016, Founder/Director of Liquid Media Group, Director of Waterproof Studios, a top tier animation and visual effect studio, and Founder/President/Director of High North Resources, an oil and gas producer focused on western Canada.

Bradley Hoeppner, Director

Mr. Hoeppner has participated in a variety of roles within the public markets sector and with a number of publicly listed companies for over 10 years. During this time, he has been instrumental in the successful closing of more than 100 million dollars of public company financing’s. Bradley has played a key role in re-structuring public companies and has been a director of King’s Bay Gold Corp., a TSX-V listed company focused on the exploration of cobalt and other specialty and rare minerals in eastern Canada, principally slated for commercial activities within the burgeoning technology sector (February 2016 to present). Bradley is also a director of Berkwood Resources Corp., a TSX-V listed company involved in the exploration for graphite in Quebec. Previously, he enjoyed a period of service with a Member of Canada’s Parliament, and a turn spent successfully speculating in the real estate market.

Patrick Whibley, Director

Mr. Whibley is a finance professional with over 17 years of capital market experience. Prior to joining Liberty One Lithium, Mr. Whibley served extensively as an Investment Advisor with PI Financial and Global Securities in Vancouver. He has assisted in raising a significant amount of capital for venture companies, many in the go-public stage. Mr. Whibley has built his career by cultivating strong relationships and networks with both retail and high-net worth clients, brokers, analysts and investment bankers.

John Davidson, Independent Director

Mr. Davidson has extensive Business Development and Commercial Leadership experience in the Mining and Metals industry. John has held various roles in Mining, Infrastructure, Materials Handling and Minerals Processing fields with firms such as General Electric, Tyco International and is presently Sales Manager Capital Projects with FLSmidth.

SOURCE: http://libertyonelithium.com/ 

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