|Bid||0.0450 x 0|
|Ask||0.0550 x 0|
|Day's Range||0.0500 - 0.0500|
|52 Week Range||0.0450 - 0.0900|
|Beta (3Y Monthly)||0.18|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov. 27, 2019 - Dec. 2, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Arena Minerals Inc. ("Arena" or the "Company") (AN.V) is pleased to report results from its recently completed surface transient electromagnetic (“TEM”) survey over the Antofalla North claim block. The survey results confirm the presence of halite over the salar surface, representing approximately 15% of the claim block, but also discovered low resistivity fields at depth along the eastern margin of the survey area. This low resistivity field is interpreted as a large aquifer saturated with brine, increasing the prospective brine field by 600 percent.
Arena Minerals Inc. (CVE:AN) shareholders should be happy to see the share price up 30% in the last quarter. But spare a thought for the long term holders, who have held the stock as it bled value over the last five years...
Arena Minerals Inc. ("Arena" or the "Company") (AN.V) is pleased to announce that Mr. Eduardo Morales, who joined the Board of Directors in September 2018, has been appointed Executive Chairman of the Board of Arena Minerals, 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.
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.