VOLT LITHIUM ANNOUNCES US$1.5 MILLION STRATEGIC INVESTMENT TO COMMENCE FIELD OPERATIONS IN THE DELAWARE BASIN IN TEXAS,

[farrell90]

VOLT LITHIUM ANNOUNCES US$1.5 MILLION STRATEGIC INVESTMENT TO COMMENCE
FIELD OPERATIONS IN THE DELAWARE BASIN IN TEXAS, USA

https://voltlithium.com/wp-content/uploads/2024/04/Volt-Version-04-29-24-PP-Investment-FINAL.pdf

"Calgary, Alberta – Volt Lithium Corp. (TSXV: VLT | OTCQB: VLTLF) (“Volt” or the “Company”) is pleased
to announce a strategic investment of US$1,500,000 (the “Strategic Investment”) by a company (the
“Investor”) with operations in the Delaware Basin in West Texas, USA, for the deployment of a field unit.
This field unit will produce lithium hydroxide monohydrate using Volt’s proprietary direct lithium extraction
(“DLE”) technology, building on the work done to date by Volt at the Company’s permanent Demonstration
Plant in Calgary, Alberta"

Interesting...the company making the investment is not named, but is almost certainly related to the oil industry in the Delaware basin.

Volt lithium's proprietary lithium extraction technique results in Lithium carbonate or Lithium hydroxide both of which can be used to make Lithium batteries without the additional conversion required by other compan's techniques.If this program is successful in producing lithium from oil well residual brine it may be another source of income for oil companies.

Farrell

[dan_s]

Volt has contacted me about hosting a webinar for us in June.