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Last C$0.54 CAD
Change Today +0.03 / 5.88%
Volume 1.1M
WLC On Other Exchanges
As of 3:59 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

western lithium usa corp (WLC) Snapshot

Previous Close
Day High
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52 Week High
09/4/14 - C$1.00
52 Week Low
12/23/14 - C$0.50
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Current Stock Chart for WESTERN LITHIUM USA CORP (WLC)

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western lithium usa corp (WLC) Details

Western Lithium USA Corporation, a resource company, engages in the acquisition and development of mineral properties in Nevada. It primarily focuses on the development of the Kings Valley properties consisting of a series of approximately 2,758 unpatented mining claims covering n area of approximately 15,233 hectares located in Humboldt County, Nevada. The company focuses on producing lithium carbonate from its Kings Valley property for use in lithium battery applications. It also produces an organophilic clay-based drilling additive, Hectaton for the oil and gas industry, as well as to support the growth of high pressure high temperature, deep directional drilling applications. The company was formerly known as Western Lithium Canada Corporation and changed its name to Western Lithium USA Corporation in May 2010. Western Lithium USA Corporation was incorporated in 2007 and is headquartered in Vancouver, Canada.

25 Employees
Last Reported Date: 12/18/14
Founded in 2007

western lithium usa corp (WLC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$300.0K
Chief Financial Officer
Total Annual Compensation: C$175.0K
President of Hectatone Inc
Total Annual Compensation: C$37.2K
Senior Vice President of Project Development
Total Annual Compensation: C$270.0K
Senior Vice President of Development
Total Annual Compensation: C$243.0K
Compensation as of Fiscal Year 2014.

western lithium usa corp (WLC) Key Developments

Western Lithium USA Corporation Announces Directorate Appointments

Western Lithium USA Corporation and Lithium Americas Corp. announced that they have entered into an arrangement agreement to combine their respective companies. Lithium Americas executives Tom Hodgson, John Kanellitsas and Franco Mignacco will join the Western Lithium Board of Directors. Franco Mignacco will continue in his role as President of Minera Exar S.A. and Tom Hodgson and John Kanellitsas have agreed to be engaged as consultants for Western Lithium under a six month term and become members of a Western Lithium integration team established to execute initiatives related to corporate development, strategy and capital raising.

Western Lithium Eyes Partnerships

Western Lithium USA Corporation (TSX:WLC) plans to continue to seek other opportunities and partnerships to apply leading technology in the lithium sector. In early 2015, Western Lithium produced 99.8% high quality lithium carbonate from the commissioning of its German based lithium demonstration facility. Since then, Western Lithium has been completing optimization tests to incorporate into the next demonstration campaigns that are planned to commence in September 2015. The Company is in discussions with potential funding partners to support the next demonstration campaigns.

Western Lithium USA Corporation Announces Resignation of William M. Sheriff from the Board

Western Lithium USA Corporation announced that at the annual meeting of shareholders on March 30, 2015, William M. Sheriff, an appointee to the board, received a greater number of 'withheld' votes than votes in favor of his election to the board. In accordance with the company's majority voting policy requirements, Mr. Sheriff tendered his resignation to the board, which resignation has now been accepted.


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