Nova Lithium Corp. (CSE: NVLI)

Summary

Nova Lithium Corp. is a Canadian Junior Mining Company focused on the global transition from fossil fuels to green energy solutions powered by lithium-based batteries. Our mission is to become a leader in exploration and development of critical materials through responsible mining practices.

Nova Lithium’s “Deer Musk West” Project consists of 190 placer mining claims totalling 3,833-acres and is located on the Southwest side of the Clayton Valley. The property also lies Southwest of Albemarle’s Silver Peak Mine (North America’s only producing lithium operation) and West of Pure Energy’s lithium brine operation.

There are two potential lithium mineral resource targets for the DMW claim block, dissolved lithium salts and hydroxides in groundwater brine in addition to high lithium concentrates in the sedimentary rocks contained in Clayton Valley.

Stock Chart

Share Structure

As of July 22, 2022
Shares Issued 20,437,100
Warrants 17,410,000
Options 1,450,000
Fully Diluted 39,297,100

Investment Highlights

  • Attractive Capital Structure
  • Lithium Project located in North America’s only lithium producing Valley: Clayton Valley, Nevada, USA.
  • Strong management team which includes two current Ameriwest Lithium Inc. Board Members.
  • Lithium Demand has soared: Right place, Right market, Right time.
  • Nova Lithium’s 3,833-acre project is located just southwest from Albemarle’s Silver Peak Mine (Albemarle {NYSE: ALB} Market Cap 32.83 billion) and West of Pure Energy’s lithium brine project.

Project Highlights:

Deer Musk West:

  • Located in Clayton Valley, Esmeralda County, Nevada.
  • 190 claims over 3,833-acres.
  • Direct access to US Highway 95

Management Profiles

GLENN COLLICK CEO

Mr. Collick brings an extensive 35-year background in the strategic planning and executive-level management of the operational, financial, and developmental duties of emerging natural resource and alternative energy companies including the identification and evaluation of potential asset acquisitions. He is a founder of Ameriwest Lithium (CSE: AWLI), a Canadian-based junior explorer with 33,291 acres of multiple strategic assets in Nevada. He previously served on the Board of American Comstock Explorations and led the company to the acquisition of the Harper Creek Copper project from US Steel and Noranda. He was an early participant in the Voisey’s Bay area discovery through early-stage staking of several hundred square kilometers.

His efforts include extensive experience in successfully working with Government, First Nations, and related stakeholders. His efforts in the alternative energy sector include founding and managing start-ups through feasibility studies, including statistical and engineering reports aimed at securing capital project grant funding, and in some instances specifically aimed at providing hybrid energy systems and storage facilities to remote Industries and communities. He has led multiple initiatives in Alberta including wind energy resources which were subsequently purchased by a world-leading company in wind farm development.

PATRICK O'FLAHERTY CFO

Mr. O’Flaherty is a Chartered Accountant and a CFA Charter holder. He qualified as a Chartered Accountant in Canada with Deloitte. He has over 15 years of experience in financial services, with a specific focus on accounting and wealth management, and has worked with some of the largest companies in Canada including Shaw Communications, RBC Royal Bank, TD Waterhouse, and CIBC Wood Gundy. He has served as a CFO and Director of several public and private corporations.

SAM ESKANDARI Director

Mr. Eskandari has extensive experience in marketing and operational management for public companies including budgeting, raising capital and developing and executing successful growth strategies. His professional experience spans various industries including pharmaceuticals, retail, mining, and technology.

Prior to his career in marketing and management, Mr. Eskandari was the General Manager of one of the flagship stores of Future Shop/Best Buy in Western Canada, where he implemented a successful marketing and sales program resulting in the highest sales growth in a key period within all stores in Western Canada. Mr. Eskandari is a graduate of Simon Fraser University (SFU) with a degree in Molecular Biology and Biochemistry. Mr. Eskandari has also been on the board of various public companies in mining sector. Additionally, as a serial entrepreneur, he has been a founder and/or cofounder of multiple companies over the past ten years. He is currently a Director of Ameriwest Lithium Inc.

RYAN ARTHUR Director

Mr. Arthur is currently the president of CR7 Investments Inc., which actively identifies promising mining and technology projects for the purpose of investment, and technical and strategic partnership to ensure the growth and success of the projects. His professional experience spans various industries including retail, mining, Industrial, and Technology. Mr. Arthur has assisted in financing several public companies and bring’s a plethora of knowledge in the capital markets. Previous to his career in management, Mr. Arthur was a varsity athlete for the University of British Columbia’s Men's Soccer Program and had spent a short period overseas pursuing a professional career as an athlete.

HAYDEN MACKENZIE Director

Mr. Mackenzie has over 15 years’ experience in exploration and environmental geology, he has held various roles in advancing exploration program in New Zealand, Australia, Indonesia, Vietnam, and Canada. He has also been instrumental in due diligence of significant projects such as Atrum Coal’s Groundhog Project in Northern British Columbia. Mr. Mackenzie has extensive experience in acid rock drainage, air and water quality analysis, drill program design and supervision, and remote program logistics. More recently, Mr. Mackenzie has been working in commercial construction and venture capital. Mr. Mackenzie has a Master of Engineering in Geology, a Master of Legal Studies and is currently completing for an MBA at the University of British Columbia.