On September 24, 2024, Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV0) announced the filing of a National Instrument 43-101 (NI 43-101) compliant Technical Report titled “Alkali Mineral Dispositions, Saskatchewan” under the Company’s profile on SEDAR+ and on its official website. The Report, prepared by Lynn I. Kelley, P. Geo., is effective as of September 17, 2024.
Edison Lithium Corp. is emphasizing its commitment to a clean-energy future by exploring sodium-ion batteries as a sustainable and cost-effective alternative to traditional lithium-ion technology. The Company believes the sodium sulfate present in the alkali lakes of southern Saskatchewan could serve as a viable source for the production of sodium compounds necessary for battery production.
Nathan Rotstein, CEO of Edison, expressed optimism about the potential of sodium-ion batteries to enhance performance and safety, particularly in colder climates where they outperform lithium-ion batteries. Edison holds alkali dispositions through its subsidiary, Edison Saskatchewan Resources Corp., on four alkali lakes in Saskatchewan. The acquisitions align with the Company’s focus on Sodium-Ion battery formulations.
For further information on sodium brine claims and Edison’s sodium-ion properties, interested parties can visit the Company’s website. Edison Lithium Corp. is a Canadian-based junior mining exploration company specializing in cobalt, lithium, alkali, and other energy metals. The Company’s strategy involves acquiring mineral properties with proven geological potential to contribute to the battery industry and capitalize on the growing interest in battery metals.
The news release contains forward-looking statements within the meaning of applicable securities legislation. Readers are advised to consider the uncertainties and risks associated with mineral exploration operations and other factors that might impact the Company’s business prospects. Edison does not assume any obligation to update the forward-looking statements mentioned in the release unless required by applicable securities laws. More information about the press release source can be found at the provided link.
