The Stonewall project is located within the Lida Valley where high values for Lithium have been recorded on surface and within drill cuttings as well as brine within the Lida Valley by a number of exploration efforts that date back to the mid 1970s.
More recent geochemical surveys have have revealed anomalous to high levels of Lithium over an 9km (5.6 mile) expanse with two main concentrations in a portion of the valley
A new round of geophysics and sampling is highly warranted.
The Walker Ridge project is located in gold capital of the U.S, Nevada, just 60 miles (100km) north of the mining hub, Elko, and is easily accessed via roads off of Highway 225. The project is sandwiched in-between gold producers and is located just north of the producing Jerritt Canyon gold mines. Cumulative production from the Jerritt Canyon deposits has now totaled over 8.7 million ounces. The proximity to the Jerritt Canyon Mill and infrastructure is a critical advantage for the Walker Ridge Project.
Altair International has entered into a License and Royalty Agreement dated February 11, 2021 to license St-Georges Metallurgy’s patent-pending extraction methods and technology in separation, recovery, and purification of lithium and to act as an agent of St-Georges’ developing technology in battery recycling.
Pursuant to the License and Royalty Agreement, St-Georges Metallurgy Corp. will grant Altair a non-exclusive license to use the Lithium Extraction Technology for any of Altair’s lithium-bearing prospects in the United States. In exchange for the license, Altair has agreed to grant SX a 5% net revenue royalty on all metals and minerals extracted and processed using any of St. Georges methods or technologies. This royalty will apply to all current and future properties in the United States in which Altair has claims.
In addition, SX will provide Altair with full access to the EV Battery Recycling Technology for the purpose of Altair acting as exclusive master agent to promote the licensing and deployment of the EV Battery Recycling Technology. Altair has the right to appoint sub-agents, each of which will enter into an agency agreement with SX and Altair. In exchange for acting as master agent, SX has agreed to grant Altair a 1% trailer fee on any royalty received by SX from the licensing of the EV Battery Recycling Technology to licensees brought by Altair or its sub-agents. SX has also agreed that it will not solicit any third party with which Altair has initiated discussions to license the EV Battery Recycling Technology or act as a sub-agent for a period of three years from the date that such party initially entered discussions with Altair. Pursuant to the License and Royalty Agreement, SX and SXM retain all ownership rights to the EV Battery Technology and the Lithium Extraction Technology, respectively. In addition, SX retains the right to market, promote, license, and sell the EV Battery Recycling Technology to third parties. The License and Royalty Agreement may be terminated by mutual written consent of the parties. This agreement replaces the parties’ previous agreement, and no additional payments or additional share issuance is to be expected.
Leonard Lovallo, is a Managing Member of Millennial Investments, LLC, a consulting firm that he controls, through which he has, since 2014, assisted public and private companies in the areas of mergers, acquisitions, debt restructuring, equity investments and corporate governance.
Douglas H. Oliver is a career geologist with over 40 years’ experience in mineral exploration, research and teaching at university level. He received his Bachelor’s degree in Geology from Rutgers University and has an MBA from the University of Texas at Austin and a PhD in Tectonics from Southern Methodist University. His career in mineral exploration has focused on precious metals in the western United States as well as Alaska, Canada, Mexico, Latin America and Africa.
Mr. Khoury has served as CEO of Forinstrats Limited, a company formed under the laws of the United Kingdom, since 2011. Prior to this, Mr. Khoury has been employed with a number of multinational companies, including Hampton International in London; Gillette International in Boston, and MBM-Kellogg Brown & Root, Oil & Gas Division, in Abu Dhabi. Mr. Khoury graduated from American University of Beirut with a BBA in Business Administration.
Paul Pelosi Jr. is a seasoned executive with years of experience in emerging companies in infrastructure, finance, sustainability, public policy, and corporate ethics. He has had investment banking experience in Bank of America securities, WR Hambrecht and Chase Manhattan as well. Mr. Paul Pelosi Jr. has brought creative leadership to Corporate Governance Initiative’s programs, committed to their goals and overall mission.
Adam Fishman is an attorney by profession and practiced law for 10 years in both private practice and as in-house counsel at United Airlines. Until 2005, Adam served as the first Chicago area Director for the American Israel Public Affairs Committee (AIPAC) tripling its reach in the region. Adam’s Israel business development and consulting career began after moving to Israel in 2005 where he was the VP of Legal and Director of Corporate Development for SLK Development & Consulting Group Ltd. and serving as the Executive Director of American Friends of Likud. In these capacities, Adam has developed relationships with Israel’s hi-tech business, innovation, security and political leaders including CEOs, Ministers, and Ambassadors, as well as Middle East political and security experts and journalists.