Lithium Stocks Gaining International Exposure with Upstream

February 21, 2023 - Baystreet.ca


Gaining a good deal of investor attention and offering international exposure is Upstream, a MERJ Exchange Market for digital securities and NFTs. Powered by Horizon's blockchain-powered matching engine technology, the platform enables users to trade NFTs, and invest in securities for IPOs, crowdfunded companies, U.S. & international equities, and celebrity ventures using its app. In fact, one of the companies working with Upstream is Infinity Stone Ventures Corp. (CSE: GEMS) (OTC: GEMSF). According to Upstream, “We aim to unlock liquidity for investors of all levels on our intuitive, app-based market. Under the hood, Upstream introduces what we believe to be the future of trading featuring some of the highest levels of transparency, accessibility, and investor protections enforced using Ethereum blockchain technology.” Other lithium mining stocks to be aware of include Sigma Lithium (NASDAQ: SGML) (TSXV: SGML) Lithium Ionic Inc. (TSXV: LTH) (OTCQB: LTHCF), Oceana Lithium Ltd. (ASX: OCN), and auto companies, such as Tesla (NASDAQ: TSLA).

Look at Infinity Stone Ventures Corp. (CSE: GEMS) (OTC: GEMSF), For Example

Infinity Stone Ventures Corp. announced that it has begun the application process to dual list its shares on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex and MERJ Exchange Limited.

The planned dual listing on Upstream is designed to provide the Company with the opportunity to access a global, digital-first investor base that can trade using USDC digital currency along with credit, debit, PayPal, and USD, unlocking liquidity and enhancing price discovery while globalizing the opportunity to invest in CSE and OTCQB-listed Infinity Stone. Infinity Stone is the first CSE listed issuer to apply for dual-listing on Upstream.

"Building shareholder value and increasing our liquidity is always a high priority for us as a company. We believe a dual listing on Upstream will act as an excellent vehicle to reach an untapped international market of potential new shareholders," said Zayn Kalyan, CEO of Infinity Stone.

Approval to be listed on Upstream is subject to acceptance by MERJ. However, as an existing CSE issuer, the Company may be eligible for an expedited listing process.

Other related developments from around the markets include:

Sigma Lithium, dedicated to powering the next generation of electric vehicles with Battery Grade Sustainable Lithium, announced the production of continuous sequential batches of crushed lithium material and completion of commissioning of its crushing circuit of the Greentech Plant, on schedule and in line with guidance provided previously on December 20, 2022 and on January 23, 2023. Additionally, the Company is pleased to announce the commencement of Greentech Plant expansion (Phase 2 & 3) detailed engineering and capital expenditure costing at FEL-3 precision by obtaining firm quotes from suppliers. The Greentech Plant expansion is expected to increase run-rate production from 270,000 tpa to 766,000 tpa of Battery Grade Sustainable Lithium.

Lithium Ionic Inc. announced that its Brazilian-based wholly owned subsidiary, MGLIT Empreendimentos Ltda., has entered into a binding asset purchase agreement with Clésio Alves Gonçalves Mineraçao E Comercio Ltda pursuant to which MGLIT has acquired a strategic mining claim covering 1,000 hectares in Minas Gerais state, Brazil. With the acquisition of the Clesio claim, Lithium Ionic has increased its land position to approximately 7,700 hectares, a six-fold increase from the 1,300 hectares it launched with in May 2022. The Company’s land holdings are all located in the Jequitinhonha Valley, a prolific hard-rock lithium district in the state of Minas Gerais, Brazil.

Oceana Lithium Ltd. has increased the lithium prospectivity of its Solono´pole project in Brazil after entering into an agreement to acquire two advanced exploration permits in the area. The two new permits cover 928 hectares and include multiple high-grade rock chip results across 500 metres of outcropping pegmatite, which indicates potential lithium mineralisation of significant scale. Notably, they also have high priority drilling targets which warrant immediate drill testing.

Tesla just noted that, “In the fourth quarter, we produced over 439,000 vehicles and delivered over 405,000 vehicles. In 2022, vehicle deliveries grew 40% YoY to 1.31 million while production grew 47% YoY to 1.37 million. We continued to transition towards a more even regional mix of vehicle builds which again led to a further increase in cars in transit at the end of the quarter.”

Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Infinity Stone Ventures Corp. by Infinity Stone Ventures Corp. We own ZERO shares of Infinity Stone Ventures Corp. Please click here for full disclaimer.

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