Desert Lion Energy Inc (DSLEF) Exchange: OTCQB

DELISTED - Desert Lion Energy is a Toronto based emerging lithium development company focused on building Namibia’s first large-scale lithium mine located near the town of Karibib approximately 210 km from the nation’s capital of Windhoek and 220 km from the Port of Walvis Bay (the “ Desert Lion Project ”). Desert Lion’s Rubicon and Helikon mines, which have been mined intermittently for petalite and tantalum since the 1930s, are located within a prospective land package covering approximately 1,000 km 2. The project site is accessible year-round by road and has access to power, water, rail, port, airport and communication infrastructure. Desert Lion has delineated a NI 43-101 Mineral Resource estimate at Rubicon and Helikon of Indicated 3.0Mt @ 0.63% Li 2 O and 59ppm Ta 2 O 5 & Inferred 5.8Mt @ 0.53% Li 2 O and 59ppm Ta 2 O 5 (see section 14 of Desert Lion’s NI 43-101 Technical Report dated November 28, 2018, as amended and restated on December 7, 2018, for more information). About Lepidico Ltd Lepidico Ltd is an ASX-listed company focused on exploration, development and production of lithium chemicals. Lepidico owns the technology to a metallurgical process that has successfully produced lithium carbonate from non-conventional sources, specifically lithium-rich mica minerals including lepidolite and zinnwaldite. The L-Max® Process has the potential to complement the lithium market by adding low-cost lithium carbonate supply from alternative sources. More recently Lepidico has added LOH-Max TM to its technology base, which produces lithium hydroxide from lithium sulphate without by-produce sodium sulphate. Lepidico is currently conducting a Feasibility Study for a 5,000 tonne per annum Phase 1 lithium chemical plant. Work is currently being undertaken to evaluate the incorporation of LOH-Max TM into the Phase 1 Plant Project flow sheet. Lepidico has entered into an access agreement in Portugal with owner-operator Mota Ceramic Solutions (ASX announcement of 7 December 2017). Lepidico’s current exploration assets include a farm-in agreements with Venus Metals Corporation Limited over the lithium mineral rights at the Youanmi Lithium Project in Western Australia. Lepidico also has a Letter of Intent with TSX listed Avalon Advanced Materials Inc. for planned lithium mica concentrate supply from its Separation Rapids Project in Ontario, Canada.