News and Events
NeoLithica Announces Private Equity Raise to Fuel Growth
NeoLithica, a developer of critical lithium mineral carbonate derived from formation brine, is pleased to announce it is conducting a private equity raise of up to $10 million. The funds will be used to expand operations, accelerate product development, and build out our team as we advance the Peace River Lithium Project toward pilot-scale demonstration. We're grateful for the continued interest from investors who share our view of Alberta's role in North America's critical minerals future.
Alberta Confirms a Nearly $1 Trillion Lithium Resource
The Alberta Geological Survey put a number on something the oil and gas industry has known for decades: there's a lot of lithium dissolved in the brine beneath this province. The survey estimated Alberta holds 82.5 million tonnes of lithium carbonate equivalent.
Alberta Unveils New Critical Minerals Incentive Program
At the PDAC 2026 Convention, Alberta's Minister of Energy and Minerals, Brian Jean, announced plans for a new incentive program aimed at attracting investment into the province's critical minerals sector, targeted for launch in 2027.
NeoLithica Announces Testing Results from Peace River Brine DLE Pilot
NeoLithica is pleased to share the results of its testing of brine sourced from its Peace River Project in northwestern Alberta, Canada. NeoLithica entered into a Pilot Test Agreement with Geo40, LLC (Geo40) in January 2025 to demonstrate their Direct Lithium Extraction (DLE) technology.
NeoLithica Announces Redwater DLE Pilot Test Results
We're pleased to share the results of bench-scale Direct Lithium Extraction testing conducted by CANDLE Lithium Corporation on Leduc Formation brine from our Redwater Lithium Project. CANDLE, an Edmonton-based DLE technology developer, tested its proprietary sorbent across both semi-batch and continuous operating modes. At an optimized brine pH of 8, semi-batch testing achieved cumulative lithium extraction of 100% after three passes through the sorbent column.