Volt Lithium Corp. (TSXV: VLT | OTCQB: VLTLF) has successfully finalized a $1.5 million strategic investment to expand its lithium production. On May 1, 2024, the company issued 6,818,182 units at $0.22 each to a strategic investor. Each unit comprises a common share and a half warrant, exercisable at $0.35 until May 1, 2026.

Volt Lithium’s Strategic Expansion in the Delaware Basin

Volt Lithium plans to use the investment proceeds to deploy a field unit in the Delaware Basin, West Texas. This unit will produce lithium hydroxide monohydrate using Volt’s proprietary technology, enhancing its Calgary-based operations.

About Volt Lithium

As a pioneer in lithium production from oilfield brine in North America, Volt Lithium focuses on generating lithium hydroxide and lithium carbonates. The Delaware Basin, known for its substantial oil and gas output, plays a key role in Volt Lithium’s resource acquisition strategy.

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