|Bid||0.060 x 0|
|Ask||0.065 x 0|
|Day's Range||0.0600 - 0.0650|
|52 Week Range||0.0550 - 0.1100|
|Beta (3Y Monthly)||0.58|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Arena Minerals Inc. (“Arena” or the “Company”) (AN.V) is pleased to confirm that is has completed the recently announced acquisition of Antofalla Minerals S.A. (“AMSA”). Antofalla: this project consists of three claims covering a total of 4,000 hectares of the central portion of Salar de Antofalla, located immediately south of Albemarle Corporation’s Antofalla project. Albemarle acquired its project from Bolland Minera S.A. (see Albemarle Corporation’s press release dated September 12, 2016). AMSA also has a claim on an additional 2,000 hectares in Antofalla, currently disputed in the courts, which if successful would result in additional ownership by AMSA.
Arena Minerals Inc. (“Arena” or the “Company”) (AN.V) is pleased to announce that the Company has entered into a binding Share Purchase Agreement (the “Agreement”) to acquire 100% of Antofalla Minerals S.A. (“AMSA”), which owns lithium brine projects located in Argentina. AMSA also has projects in the Hombre Muerto and Pocitos salars, and a pending claim for another 2,000 hectares in Antofalla South.
Arena Minerals Inc. (“Arena” or the “Company”) (AN.V) is pleased to announce the appointment of Mr. Eduardo Morales to its Board of Directors, effective immediately. Mr. Morales is a chemical engineer with 40 years of experience in project engineering, construction and start-up of lithium plants who formerly built and operated one of the world’s largest lithium operations. As President of Rockwood Lithium Latin America, he successfully led the development, commissioning and operation of Rockwood’s Salar de Atacama project.