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RM RouteMaster Capital Inc

0.83
0.00 (0.00%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
RouteMaster Capital Inc TSXV:RM TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.83 0.82 0.84 0 01:00:00

Dundee Securities Ltd. Initiates Analyst Coverage of Rodinia Lithium Inc.

09/06/2011 9:11pm

Marketwired Canada


Rodinia Lithium Inc. ("Rodinia" or the "Company") (TSX VENTURE:RM)(OTCQX:RDNAF)
is pleased to announce that Dundee Securities Ltd. ("Dundee") has initiated
analyst coverage of Rodinia. For further information, please contact Mr. David
Talbot at Dundee. Mr. Talbot can be reached by email at
dtalbot@dundeesecurities.com or by telephone at (416) 350-3082.


About Rodinia Lithium Inc.:

Rodinia Lithium Inc. is a Canadian mineral exploration and development company
with a primary focus on Lithium exploration and development in North and South
America. The Company is also actively exploring the commercialization of a
significant Potash co-product that is expected to be recoverable through the
lithium harvesting process.


Rodinia's Salar de Diablillos lithium-brine project in Salta, Argentina,
contains a resource of 2.82 million tonnes lithium carbonate equivalent and
11.27 million tonnes potassium chloride equivalent. The project contains an
inferred resource of 952,553,000 m3 grading 556 mg/L lithium and 6,206 mg/L
potassium. Throughout 2011, Rodinia will focus on continuing to develop the
Diablillos project by completing additional drilling and advancing through
scoping study.


The Company also holds 100% mineral rights to approximately 70,000 acres in
Nevada's lithium-rich Clayton Valley in Esmeralda County, and is currently in
the process of assessing the size, quality and processing alternatives of this
deposit. The Clayton Valley project is located in the only known lithium-brine
bearing salt lake in North America, and looks to represent the only new source
for domestic lithium carbonate supply.


The Projects are supervised by Ray Spanjers, Rodinia's Manager of Exploration.
Mr. Spanjers is considered a Qualified Person, as defined by National Instrument
43-101 and has reviewed and approved the scientific and technical information
contained in this press release.


Please visit the Company's web site at www.rodinialithium.com or write us at
info@rodinialithium.com. 


Cautionary Notes 

Except for statements of historical fact contained herein, the information in
this press release constitutes "forward-looking information" within the meaning
of Canadian securities law. Such forward-looking information may be identified
by words such as "plans", "proposes", "estimates", "intends", "expects",
"believes", "may", "will" and include without limitation, statements regarding
the initiation of the analyst coverage, impact of the drill program at the
Diablillos property and results of such drill program; the potential of the
Diablillos property; anticipated timing with respect to the completion of a
preliminary economic assessment, the potential results and timetable for further
exploration with respect to the Clayton Valley project and the Diablillos
property, the timetable with respect to future acquisitions and exploration
developments at Clayton Valley and Diablillos, timetable for further
exploration, analysis and development, title disputes or claims; and
governmental approvals and regulation. There can be no assurance that such
statements will prove to be accurate; actual results and future events could
differ materially from such statements. Factors that could cause actual results
to differ materially include, among others, metal prices, competition, financing
risks, acquisition risks, risks inherent in the mining industry, and regulatory
risks. Most of these factors are outside the control of the Company. Investors
are cautioned not to put undue reliance on forward-looking information. Except
as otherwise required by applicable securities statutes or regulation, the
Company expressly disclaims any intent or obligation to update publicly
forward-looking information, whether as a result of new information, future
events or otherwise.


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