Sometimes it is fun to go down MMTE's memory lane
Post# of 958
Sometimes it is fun to go down MMTE's memory lane.
03/30/2011 @ 9:50AM
Mammoth Energy Group to Complete Capital Raise
Mammoth Energy Group Inc. a lithium and alternative energy mining company, announced today that it is in the process of finalizing all of its financing agreements.
The company has completed negotiations and intends to announce its acquisition roll up of its Chilean concessions imminently.
05/10/2011 @ 9:45AM
Mammoth Energy Group Continues Capital Raise
NEW YORK , May 10, 2011 /PRNewswire/ -- Mammoth Energy Group Inc. (PINK: MMTE) a lithium and alternative energy mining company announced today that it is continuing its time frame for raising capital.
The company is finishing the completion of its new subsidiary Compania Lithium Investments S.A. of Chile which it will use to acquire Lithium assets located throughout the country.
The company expects to announce its first quarter results in the upcoming days.
05/26/2011 @ 9:40AM
Mammoth Energy Group Acquires Chilean Lithium Assets
Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary Compania Lithium Investments Limitada of Chile has acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the southern section of the Salar de Maricunga basin located in the province of Copiapo, Chile.
Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining assets in Chile on behalf of Mammoth Energy Group Inc.
06/03/2011 @ 8:45AM
Mammoth Energy Group Continues to Acquire Chilean Lithium Assets
The company intends to begin pursuing Canadian National Institute 43-101 compliant geographical reports on all of its announced acquisitions and current projects in negotiation.
07/13/2011 @ 9:30AM
Mammoth Energy Group to Create Non Executive Advisory Board
Mammoth Energy Group Inc. (PINKSHEETS: MMTE) a lithium and alternative energy mining company announced today that it is creating a non executive advisory board for strategic consulting to the company. The board will be comprised of an international mix of advisors focused on the strategic development of the company and potential joint partners.
Mammoth Energy Group's wholly owned subsidiary Compania Lithium Investments Limitada of Chile has acquired more than thirteen thousand (13,000) acres of salar exploration rights in Chile.
08/22/2011 @ 11:35AM
Mammoth Energy Group Responds to Legal Issue
Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that to date the company has not been served any official documentation and there is no pending legal matter against the company.
"While we understand that there are many rumors concerning litigation against the company, let me re-affirm that the company has not been served any documentation relating to this matter," said William Lieberman, President of Mammoth Energy Group. "Our company or any other company for that matter can have claims filed against it; however we feel in this circumstance that what has occurred has been done by interests that are misaligned, and to hurt shareholders and the company. There are no pending liabilities but only positive announcements to come forward regarding the company," he added.
07/17/2012 @ 9:00AM
Mammoth Energy Group Progressing on Development of Lithium Assets
Mammoth Energy Group Inc. (PINKSHEETS: MMTE) a lithium and alternative energy mining company announced today that matters are progressing in the development of its Chilean lithium assets.
"We have a number of potential options on the table," said William Lieberman, President of Mammoth Energy Group. "I believe that all shareholders in Mammoth Energy Group will be pleased with the direction that we intend to proceed into. We have been approached by potential joint-venture partners as well as a potential acquisition of MMTE's assets and have also been progressing on additional financing agreements. The development of the Company is a methodical process, however, we are focused on increasing shareholder value and expect to finalize the next steps for the Company."
11/07/2012 @ 3:14PM
Mammoth Energy Reports on Its Future Initiatives
Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that the Company intends to implement a reverse stock split of Mammoth Energy Group's common stock before December 31, 2012.
All details and effects of the reverse stock split will be released on a timely basis as the Company begins the process. Following the split, the Company intends to be able to rapidly move forward toward increasing its lithium assets since pricing per acreage comparable to MMTE has increased substantially over the last three years.
"This increase in shareholder value is intended to mirror the Company's asset value from where Mammoth Energy's lithium transaction began to where it is today. Mammoth Energy is seeking to continue monitoring lithium sector developments in order to bring back shareholder value to MMTE," said William Lieberman, President of Mammoth Energy Group.