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Critical Elements Lithium Corp (CRE-V)
RSWeb SiteTreeForumSEDARQuoteFree
Trade DateVolumeHighLowCloseChgStatus
July 16, 2024392,700$0.610$0.580$0.590($0.020)Trading
Basic Info
Listed On:TSXV: CRE2/22/2007Sector:ResourceKey People
Issued:217,785,3002/28/2024Story Type:Feasibility DemonstrationJean-Sebastien Lavallee (CEO), Eric Zaunscherb (Chair), Steffen Haber (Pres), Nathalie Laurin (CFO), Marcus Brune (VP FI),
Diluted:222,560,242
JK Owns:No
Insider Stake:4%9/13/2022Tel:(514) 904-1496
Working Capital:$29,367,9122/28/2024Email:Address
Market Cap:$128,493,327
Web Site:cecorp.ca1080, Côte du Beaver Hall, Suite 2101, Montreal, QC, H2Z 1S8, Canada
Cash Breakup:$0.10per shTwitter:@CRECorp
Spec Value Rating History
Dec 30, 2022 $2.070 Fair Spec Value New
Dec 21, 2023 $0.940 Bottom-Fish Spec Value New
Dec 29, 2023 $0.890 Bottom-Fish Spec Value New
Spec Value Rating Overview
SV Rating: Bottom-Fish Spec Value - as of December 29, 2023
Corporate Change History


#Old for NewLast PricePrior NameSubsequent NameDetails
Feb 18, 2011Name Change1:1$0.30First Gold Exploration Inc (EFG-V)Critical Elements Corp (CRE-V)
Jun 19, 2019Name Change1:1$0.45Critical Elements Corp (CRE-V)Critical Elements Lithium Corp (CRE-V)
Recommendation History
Edition Date Price
Recommendation Gain
SVF2023 12/30/2022 $2.07 Fair Spec Value Favorite 0%
SVF2023 12/29/2023 $0.89 SV Technical Closeout 100% -57%
Charts & Financing Activity
 Most recent 43-101 resource estimate  Prior resource estimate  PEA  PFS  FS/BFS/DFS
Private Placement Key
less than $500,000 $1,000,000 - $2,000,000 $5,000,000 - $10,000,000 $20,000,000 - $50,000,000
$500,000 - $1,000,000 $2,000,000 - $5,000,000 $10,000,000 - $20,000,000 over $50,000,000
Private placement financing dates and value ranges are based on transactions reported by the TSXV Monthly Review.
Date Company Type Quantity Price FT Units Amount Broker
Feb 22, 2007 First Gold Exploration Inc IPO 1,869,500 $0.150
Units $280,425 Jones, Gable & Company Limited
May 3, 2007 First Gold Exploration Inc PP 1,309,519 $0.210 FT Units $274,999
Oct 4, 2007 First Gold Exploration Inc PP 1,250,000 $0.200 FT Units $250,000
Jan 4, 2008 First Gold Exploration Inc PP 952,380 $0.210 FT Units $200,000
Jul 23, 2008 First Gold Exploration Inc PP 781,250 $0.320 FT Units $250,000
Feb 18, 2009 First Gold Exploration Inc PP 110,000 $0.300 FT Units $33,000
Feb 25, 2009 First Gold Exploration Inc PP 193,000 $0.250
Units $48,250
Feb 25, 2009 First Gold Exploration Inc PP 482,500 $0.300 FT Units $144,750
Feb 25, 2009 First Gold Exploration Inc PP 848,000 $0.250
Units $212,000
Feb 25, 2009 First Gold Exploration Inc PP 650,000 $0.250
Units $162,500
Feb 25, 2009 First Gold Exploration Inc PP 1,625,000 $0.300 FT Units $487,500
May 14, 2009 First Gold Exploration Inc PP 2,500,000 $0.080
Units $200,000
May 14, 2009 First Gold Exploration Inc PP 5,000,000 $0.060
Units $300,000
Dec 8, 2009 First Gold Exploration Inc PP 9,000,000 $0.100
Units $900,000
Dec 9, 2009 First Gold Exploration Inc PP 4,000,000 $0.150
Units $600,000
Jan 8, 2010 First Gold Exploration Inc PP 1,860,464 $0.215
Units $400,000
Apr 8, 2010 First Gold Exploration Inc PP 1,135,718 $0.350
Units $397,501
May 14, 2010 First Gold Exploration Inc PP 10,000,000 $0.200
Units $2,000,000
Jan 28, 2011 First Gold Exploration Inc PP 7,250,000 $0.400
Units $2,900,000
Apr 4, 2011 Critical Elements Corporation PP 5,413,999 $0.300
Units $1,624,200
Mar 28, 2013 Critical Elements Corporation PP 7,903,000 $0.200
Units $1,580,600
Jan 15, 2015 Critical Elements Corporation PP 1,860,000 $0.250
Units $465,000
Jun 22, 2015 Critical Elements Corporation PP 2,610,000 $0.230
Units $600,300
Jun 6, 2016 Critical Elements Corporation PP 16,750,000 $0.370

$6,197,500
Jun 8, 2018 Critical Elements Corporation PP 7,000,000 $1.000
Units $7,000,000
Sep 17, 2020 Critical Elements Lithium Corporation PP 10,000,000 $0.300
Units $3,000,000
Feb 24, 2021 Critical Elements Lithium Corporation PP 13,636,400 $1.100
Units $15,000,040
Dec 6, 2021 Critical Elements Lithium Corporation SOM 17,152,250 $1.750
Units $30,016,438 Cantor Fitzgerald Canada Corporation,
Capital
Financials Dated: February 28, 2024 Reporting Period: 6 months Year End: 08/31 Currency: CAD
Assets Liabilities Income
Cash Equivalents: $25,577,070 Current Liabilities: $4,099,357 Operating Revenues: $0
Receivables etc: $7,890,199 Tangible LT Debt: $191,871 Operating Cash Costs: $0
Current Assets: $33,467,269 Intangible LT Debt: $2,626,762 Operating Cash Flow: $0
Long Term Assets:$45,514,865Total Liabilities:$6,917,990Operating Non-Cash Costs:$0




Miscellaneous Revenue:$0
Total Assets: $78,982,134 Share Capital: $111,034,601 Cash Expenses: $1,709,664


Shareholder Deficit: ($38,970,457) Non-Cash Expenses: $252,296
Working Capital: $29,367,912 Net Shareholder Equity: $72,064,144 Total Expenses: $1,961,960




Overall Cash Flow:($1,709,664)
Monthly Overhead:$284,944

Net Income (Loss):($1,961,960)

Note: LTD includes $2,626,762 in Deferred Income Tax.
Capital History
Date PeriodCash EqCurrent
Assets
Total
Assets
Current
Liabilities
Total
Liabiltiies
Share
Capital
GAINCash
Expenses
DilutedWorking
Capital
2/28/2011 6 $710,806 $2,015,048 $16,075,177 $473,526 $2,467,141 $19,762,236
$458,041 0 $1,541,522
8/31/2011 12 $2,224,229 $3,428,856 $16,945,835 $293,922 $1,353,110 $21,225,046
$872,567 131,607,178 $3,134,934
11/30/2011 3 $1,761,205 $3,180,384 $16,945,683 $562,099 $1,510,407 $20,837,576
$256,920 132,954,678 $2,618,285
2/29/2012 6 $1,134,443 $2,423,234 $16,557,345 $251,112 $1,186,655 $20,977,576
$493,224 130,219,650 $2,172,122
5/31/2012 9 $1,146,782 $1,969,719 $16,644,915 $552,018 $1,823,350 $20,994,000
$959,484 116,411,372 $1,417,701
8/31/2012 12 $712,024 $1,244,168 $16,128,979 $891,046 $1,647,198 $21,031,405 -1% $1,229,718 116,411,372 $353,122
11/30/2012 3 $232,623 $832,297 $15,713,866 $853,010 $1,506,687 $21,031,405
$376,124 116,411,372 ($20,713)
2/28/2013 6 $389,112 $1,085,655 $1,002,932 $177,523 $823,553 $22,258,005
$624,875 125,335,872 $908,132
8/31/2013 12 $563,337 $937,740 $14,895,803 $215,383 $1,274,602 $22,888,751 9% $1,229,284 132,020,872 $722,357
11/30/2013 3 $462,978 $810,781 $14,603,434 $89,474 $1,151,317 $23,129,472
$247,965 132,320,872 $721,307
2/28/2014 6 $231,541 $617,141 $14,394,067 $54,639 $1,116,697 $23,129,472
$419,901 131,320,872 $562,502
5/31/2014 9 $175,009 $361,438 $14,093,296 $173,268 $1,168,041 $23,129,472
$705,380 130,770,872 $188,170
8/31/2014 12 $35,490 $262,461 $13,323,894 $509,531 $1,161,390 $23,129,472 1% $1,292,768 131,720,872 ($247,070)
11/30/2014 3 $39,696 $279,997 $13,364,046 $685,160 $1,338,369 $23,249,649
$226,168 131,720,872 ($405,163)
2/28/2015 6 $122,408 $229,790 $13,269,480 $411,230 $1,064,439 $23,734,583
$252,014 135,393,372 ($181,440)
5/31/2015 9 $36,106 $149,153 $13,194,624 $523,127 $1,176,953 $23,734,583
$661,220 134,768,372 ($373,974)
8/31/2015 12 $159,850 $263,329 $13,272,723 $459,915 $1,152,626 $24,334,883 5% $221,442 13,875,700 ($196,586)
11/30/2015 3 $159,850 $263,329 $13,272,723 $459,915 $1,152,626 $24,334,883
$220,243 139,258,372 ($196,586)
2/29/2016 6 $69,744 $163,386 $13,158,633 $536,832 $1,229,730 $24,334,883
$409,063 133,743,572 ($373,446)
5/31/2016 9 $88,752 $164,218 $13,122,278 $707,787 $1,400,871 $24,435,100
$667,076 134,858,572 ($543,569)
8/31/2016 12 $4,681,475 $6,207,723 $18,794,616 $255,922 $959,611 $30,992,449 27% $992,447 149,932,072 $5,951,801
11/30/2016 3 $5,140,478 $6,956,800 $20,199,110 $492,138 $2,382,847 $20,199,110
$438,828 149,931,072 $6,464,662
2/28/2017 6 $3,322,149 $5,829,652 $21,009,096 $1,584,473 $3,531,662 $32,640,639
$1,369,195 155,494,912 $4,245,179
5/31/2017 9 $399,468 $4,423,691 $21,413,048 $1,941,794 $3,988,926 $39,610,788
$1,875,537 159,748,592 $2,481,897
8/31/2017 12 $2,013,657 $3,846,000 $23,342,852 $5,537,003 $5,537,003 $40,802,541 32% $2,382,178 163,413,071 ($1,691,003)
11/30/2017 3 $483,374 $3,906,440 $24,383,437 $915,963 $6,438,012 $34,288,855
$697,067 163,392,271 $2,990,477
2/28/2018 6 $328,950 $2,729,276 $23,857,654 $924,724 $6,627,556 $43,020,977
$1,331,237 163,813,071 $1,804,552
5/31/2018 9 $5,200,705 $7,505,074 $28,872,761 $294,045 $6,161,378 $41,556,871
$2,259,955 174,313,071 $7,211,029
8/31/2018 12 $4,325,113 $6,650,364 $28,930,157 $861,763 $7,077,189 $41,973,246 3% $3,227,631 174,313,071 $5,788,601
11/30/2018 3 $4,484,732 $5,219,135 $28,373,828 $684,163 $7,190,910 $41,973,246
$696,605 171,216,368 $4,534,972
2/28/2019 6 $3,050,795 $3,873,521 $27,843,292 $306,643 $7,078,153 $41,973,246
$1,134,015 171,416,368 $3,566,878
5/31/2019 9 $2,642,850 $3,315,763 $27,638,234 $367,333 $7,355,412 $41,973,246
$1,556,928 172,186,368 $2,948,430
8/31/2019 12 $1,980,232 $2,549,916 $28,026,630 $419,233 $8,220,554 $42,068,884 0% $2,194,915 171,698,368 $2,130,683
11/30/2019 3 $1,297,909 $1,876,155 $28,427,984 $866,122 $9,093,243 $42,068,884
$483,960 170,598,368 $1,010,033
2/29/2020 6 $782,996 $1,212,601 $28,166,541 $740,056 $9,214,454 $42,068,884
$876,491 169,998,368 $472,545
5/31/2020 9 $624,067 $892,164 $28,117,616 $742,731 $9,404,274 $42,068,884
$1,105,728 166,603,368 $149,433
8/31/2020 12 $1,796,501 $4,445,034 $30,579,453 $673,184 $9,306,904 $45,068,884 7% $1,511,331 180,603,368 $3,771,850
11/30/2020 3 $98,580 $3,652,088 $30,191,003 $550,276 $9,426,884 $45,068,884
$496,179 181,003,368 $3,101,812
2/28/2021 6 $8,595,249 $10,971,178 $37,694,210 $620,010 $3,278,082 $60,443,791
$863,465 201,457,968 $10,351,168
5/31/2021 9 $7,010,710 $12,022,585 $37,816,587 $851,037 $3,547,887 $60,488,791
$2,694,198 201,507,968 $11,171,548
8/31/2021 12 $6,851,294 $10,588,741 $38,114,289 $1,712,828 $3,836,890 $64,194,753 42% $541,685 201,921,468 $8,875,913
11/30/2021 3 $6,851,294 $10,588,741 $38,114,289 $1,712,828 $3,836,890 $64,194,753
$541,685 201,921,468 $8,875,913
2/28/2022 6 $33,842,204 $37,416,621 $65,530,583 $2,298,669 $4,476,645 $94,697,256
$1,410,226 227,649,843 $35,117,952
5/31/2022 9 $31,061,336 $35,580,621 $64,923,959 $1,924,275 $4,280,650 $95,313,757
$1,818,160 227,649,843 $33,656,346
8/31/2022 12 $29,807,036 $34,568,812 $65,770,184 $3,042,530 $5,549,037 $96,709,094 51% $3,961,088 100,159,094 $31,526,282
11/30/2022 3 $27,522,080 $34,553,519 $69,873,726 $1,228,917 $3,977,493 $102,755,281
$340,379 227,174,570 $33,324,602
2/28/2023 6 $33,875,243 $42,139,151 $78,995,337 $1,144,063 $4,125,582 $111,034,601
$1,831,944 229,643,257 $40,995,088
5/31/2023 9 $29,807,036 $34,568,812 $65,770,184 $3,042,530 $5,549,037 $96,709,094
$2,276,646 100,159,094 $31,526,282
8/31/2023 12 $29,807,036 $34,568,812 $65,770,184 $3,042,530 $5,549,037 $96,709,094 0% $2,896,440 2,115,960,189 $31,526,282
11/30/2023 3 $25,577,070 $33,467,269 $78,982,134 $4,099,357 $6,917,990 $111,034,601
$917,197 221,680,457 $29,367,912
2/28/2024 6 $25,577,070 $33,467,269 $78,982,134 $4,099,357 $6,917,990 $111,034,601
$1,709,664 222,560,242 $29,367,912
Structure & People
Directors, Officers and Employees: 9,278,069 4.3% AGM: September 13, 2022
Other Insiders: 100,000 0.0% People Tree Available
Past Reported Shareholders: 21,153,097 N/A
Related Party Occupation Related
Since
Insider Director Officer Capacity Ownership %
Marcus Brune Consultant 8/17/2018 VP Finance 50,000 0.0%
Maysa Habelrih Engineer 7/25/2022

0 0.0%
Steffen Haber Chemist 11/29/2016 President 1,000,000 0.5%
Vanessa Laplante Accountant 7/25/2022

969 0.0%
Jean-Sebastien Lavallee Geologist 10/28/2009 CEO 7,269,500 3.3%
Ani Markova Fund Manager 9/17/2021

1,000 0.0%
Marc Simpson Engineer 6/13/2014

306,600 0.1%
Matthew L. Starnes Lawyer 8/7/2014

425,000 0.2%
Eric Zaunscherb Geologist 3/19/2020 Chairman 225,000 0.1%
Andrew Baribeau
5/25/2021

Advisory Board 0 0.0%
Patrick Laperriere Analyst 11/17/2021

IR 0 0.0%
Nathalie Laurin Administrator 1/1/2018
CFO 0 0.0%
Yves Perron Engineer 8/2/2022
VP 0 0.0%
Denis Simoneau Geologist 10/31/2006

Chairman 100,000 0.0%
Past Insiders and Reported Shareholders - Current Ownership Status unknown - positions may be pre-rollback
Related Party Occupation Related
Since
Insider
Ended
Director
Ended

Capacity Ownership
Robert Ayotte Administrator 2/10/2010 2/8/2011 2/8/2011
Director 200,000
Mark Baggio
3/9/2012 6/13/2014 6/13/2014
Director 0
Gord Bain Broker 12/8/2009


Placee 100,000
Steve Benjamin Broker 5/17/2010


Placee 50,000
Andre Bergeron
11/21/2006 2/10/2010 2/10/2010
Director 0
Louis Despres Broker



Placee 52,500
Pierre Forget
10/31/2006 2/10/2010 2/10/2010
Director 330,000
David L. Hamilton-Smith Broker 5/15/2009


Placee 100,000
Jenna-Lee Hardy Geologist 12/13/2010 6/13/2014 6/13/2014
Director 0
Gina Holliday Broker 12/8/2009


Placee 50,000
Joe Dwek Management Consultants Inc. Institution 9/23/2010


Insider 5,722,464
Daniel B.J. Kivari Businessperson 11/11/2009 3/21/2013 3/21/2013
Director 600,000
Jean-Raymond Lavallee Contractor 6/13/2014 9/16/2021 9/16/2021
Director 5,745,000
Eric Leboeuf
2/7/2008 11/11/2010 11/11/2010
Director 4,057,000
Ronald J. MacDonald
1/5/2012 6/13/2014 6/13/2014
Director 0
Charles B. Main Accountant 11/7/2018 9/16/2021 9/16/2021
Director 80,000
Alykhan A. Mamdani
4/14/2009 12/1/2010 12/1/2010
Director 0
Karl Mansour Broker 2/25/2009


Placee 273,000
Jean-Francois Meilleur Investor Relations 1/19/2012 8/3/2018 8/3/2018
VP Corp Dev 2,422,000
Yannick Munn
4/14/2009 10/28/2009 10/28/2009
Director 0
Jean Rainville Engineer 12/1/2010 3/21/2013 3/21/2013
Director 0
Michel Robert Engineer 12/1/2010 6/13/2014 6/13/2014
Director 806,133
Richard Roussel Broker 12/8/2009


Placee 50,000
Richard Saint-Jean
6/13/2014 9/16/2021 9/16/2021
Director 0
Sika Investments Ltd Broker 12/8/2009


Placee 500,000
Judy Taylor Broker 5/17/2010


Placee 15,000
Share positions of current insiders based on last AGM circular, ownership % based on current Issued. Share positions of past insiders and shareholders have not been adjusted for rollbacks or splits.
Active Index Memberships
Membership Start Date:August 1, 2023Start Price:$1.75
KRO James Bay Lithium Index: The KRO James Bay Lithium Index was created to track Lithium Mania 2.0 within the James Bay region of Quebec where several world class lithium pegmatite deposits have been established. Because pegmatites occur within a geological setting prospective for precious and base metals deposits, which have been the historical focus for exploration in the James Bay region while pegmatites were ignored due to the small market for lithium which was worth a mere $200 million in 2005, all companies with property have been included on the premise that any could make an important lithium pegmatite discovery even though not yet looking for such deposits. This also means that some truly horrible juniors are included and consequently index inclusion should not be treated as a judgement about the company. See the Lithium Resource Center a general list of lithium focused companies and lithium related resources.
Risk Analysis

Click here to view IPV Report

Key to Understanding the Spec Value Hunter Tables
Flagship Play Secondary Plays Other Plays
A Spec Value Hunter table allows speculators to identify which projects offer poor, fair or good speculative value according to the rational speculation model. The speculative value depends on the project stage, the project's implied value as calculated by the company's fully diluted, stock price and net project interest, and the dream target deemed appropriate for the project. A dream target is what a project would be worth in discounted cash flow terms once in production.
Poor Speculative Value - Fair Speculative Value - Good Speculative Value -
Note: narrow arrows indicate IPV is outside the fair value channel but within 25% of the fair value limits
Color Key for Target Outcome Achievability
Ranges in millions
ranked from most to least achievable
below $25 Should be Private: Artisanal, Placer, Mom & Pop Shop
$25-$50 Tiny Scale: underground mine or quarry - not worth the bother
$50-$100 Small Scale: junior needs to self-develop
$100-$250 Buyout Target: by Lower Tier Producers
$250-$500 Buyout Target: by Mid-Tier Producers
$500-$1,000 Ideal Target for Junior: Buckhorn, Sleeper
$1,000-$2,000 Almost World Class: Ekati, Red Chris, Brucejack, Juanicipio, Stibnite
$2,000-$5,000 World Class: Eskay Creek, Hemlo, Hermosa-Taylor, Oyu Tolgoi, LaRonde, McArthur
$5,000-$10,000 Giants: Escondida, Sullivan, Carlin Trend, Kidd Creek, Orapa, Kamoa-Kakula
above $10,000 Off the Scale District: Wits 1.0, Araxa, Sudbury Basin, Bayan Obo
The target outcome range required for the current implied project value to represent fair speculative value is based on the upper and lower certainty limits associated with the project stage. The color coding is based on the target outcome using the mid-point of the certainty range.
Active Company Projects
Project Location Net
Interest
Stage IPV $
MM
Fair Spec Value
Required Target
Outcome Range

$100
UPV
$500

$2000
Target Metals Deposit Style
Rose Canada - Quebec - James Bay 100% WI 7-Permitting & Feasibility $131 $175 - $263 Lithium TantalumPegmatite
Nisk Canada - Quebec - James Bay 20% TC 4-Infill & Metallurgy $657 $6,566 - $13,131 Nickel Copper Palladium PotashUltramafic Complex
Arques Canada - Quebec 100% WI 2-Target Drilling $131 $5,252 - $13,131 Rare-Earth-Metals Niobium TantalumPeralkaline Intrusive
Bourier Canada - Quebec 30% TC 2-Target Drilling $438 $17,508 - $43,770 LithiumPegmatite
Caumont Canada - Quebec 100% WI 2-Target Drilling $131 $5,252 - $13,131 Copper Nickel Platinum Palladium GoldMagmatic Segregation
Dumulon Canada - Quebec 100% WI 1-Grassroots $131 $13,131 - $26,262 Zinc Lead GoldSedex
Duval Canada - Quebec 70% WI 1-Grassroots $188 $18,759 - $37,517 Nickel Copper Palladium PlatinumMagmatic Segregation
Lemare Canada - Quebec - James Bay 25% TC 3-Discovery Delineation $525 $10,505 - $21,010 LithiumPegmatite
Valiquette Canada - Quebec 100% WI 2-Target Drilling $131 $5,252 - $13,131 Nickel Copper Gold Palladium PlatinumMagmatic Segregation
Project StageFlagshipSecondaryActive
Grassroots (1) & Target Testing (2)
Discovery Delineation (3)
Infill Drilling & Metallurgy (4)
PEA (5) or PFS (6)
Feasibility & Permitting (7)
Construction (8) or Production (9)
Clicking on the project icon will display a popup identifying the company project, its stage and target metals, basic facts, a chart, a link to that project within that company's KRO Profile, a link to the most recent news release, and a link to the most recent KRO comment if one exists.
Company Projects

Rose Project
Featured in Share Collective
RoseCanadaQCJames Bay26,100 ha
Net Interest: 100% WI
Vested: Yes
Uncapped NSR/GOR: 0.00%
Ownership Terms: August 2009 agreement where, to acquire an initial 51% the company must pay to arm's-length parties a total of $30,000 and issue three million shares at the signing of the final agreement and upon regulatory approval; in addition to completing $300,000 in exploration and/or development work on or before the first anniversary of the signing of the agreement. On the first anniversary and the $300,000 work expenditure, First Gold will have acquired the 51-per-cent property interest and will have an option to acquire an additional 14-per-cent property interest by issuing one million shares to the vendors and complete $500,000 in exploration and development work on the property on or before the second anniversary. On the second anniversary date and the $500,000 work expenditure, First Gold will have acquired a 65-per-cent property interest and will have an additional option to acquire an additional 20-per-cent property interest by issuing one million shares to the vendors and complete $1-million in exploration and development work on the property on or before the third anniversary of the signing of the final agreement. Once vetted, First Gold will have acquired the 85-per-cent property interest and a joint venture would be formed with the vendors. The vendors will retain a 2-per-cent net smelter returns royalty of which 1 per cent could be bought back by First Gold for $1-million. If First Gold outlines a minimum NI 43-101-compliant mineral resource of 125,000 tonnes grading 0.8 per cent Li2O or more for 220 million pounds of Li2O, the company will then issue three million shares to the vendor. First Gold will be required to complete the initial payments and share issue as well as the first and second anniversary commitments, otherwise the claims will revert to the vendors.
Target Metals: Lithium TantalumModel: PegmatiteStage: 7-Permitting & Feasibility
Notes on Rose Project
The Rose property consists of a number of en-echelon pegmatites, individually up to 15 metres wide, crosscut by centimetric quartz veins. Spodumene and lepidolite (a potassium lithium aluminum silicate) can form centimetric lenses locally making up to 40 per cent of the pegmatites (MRNFQ, 2001). Grab samples contained up to 0.21 per cent (0.452 per cent Li2O) Lithium and 129 parts per million Beryllium.
See Reliable Project Location Google Map in free Corporate Profile
Base Case Resource Estimates
Project Resource Estimate - Rose - OP
Jul 26, 2022NI 43-101Simon Broudeau P.Eng, InnovExplo IncCutoff: CAD $29.71/t NSR Rec 85% Li2O and 64% Ta2O5, USD $20,000/t Li2O, $130/kg Ta2O5
Note: Reported as 0.87% Li2O and 138 ppm Ta2O5.
Resource CategoryTonnageTotal
Rock Value
MetalGradeRecoveryContained Metal% of GMV
Probable Reserve26,300,000$287/tLithium0.405%100.0%1,249,882,657 lb93%
Tantalum113.00 g/t100.0%6,551,851 lb7%
All Categories Spot26,300,000$287/tLithium0.405%
1,249,882,657 lb93%
Tantalum113.00 g/t
6,551,851 lb7%
Spot Gross Metal ValueMarket Cap as % of Net GMVSpot Prices Used
$7,544,607,8171.7%Lithium $5.63/lb, Tantalum $77.50/lb

Nisk Project
Featured in Share Collective
NiskCanadaQCJames Bay5,380 ha
Net Interest: 20% TC
Vested: Yes
Uncapped NSR/GOR: 0.00%
Ownership Terms: Agreement Dec 23, 2020 to option up to 80% to Chilean Metals (Power Nickel) for 12,051,770 shares, $500,000 and $1.5 million exploration over 3 years to earn 50%, whereup Power Nickel can elect to go to 80% by spending $2.2 million and delivering a resource estimate over 4 years.
Target Metals: Nickel Copper Palladium PotashModel: Ultramafic ComplexStage: 4-Infill & Metallurgy
See Reliable Project Location Google Map in free Corporate Profile

Arques Project
Featured in Share Collective
ArquesCanadaQCQuebec6,362 ha
Net Interest: 100% WI
Vested: Yes
Uncapped NSR/GOR: 0.00%
Ownership Terms:
Target Metals: Rare-Earth-Metals Niobium TantalumModel: Peralkaline IntrusiveStage: 2-Target Drilling
See Reliable Project Location Google Map in free Corporate Profile

Bourier Project
Featured in Share Collective
BourierCanadaQCQuebec11,579 ha
Net Interest: 30% TC
Vested: Yes
Uncapped NSR/GOR: 0.00%
Ownership Terms: Critical Elements has optioned up to 70% to Lomiko Metals which can earn 49% by spending $1.3 million, issuing 5 million shares and paying $50,000 by Dec 31, 2022, and can increase to 70% by paying $250,000, spending $2 million, issuing 2 million shares and delivering a resource estimate by Dec 31, 2023. Critical Elements retains 2% NSR of which 1% can be bought for $2 million.
Target Metals: LithiumModel: PegmatiteStage: 2-Target Drilling
See Reliable Project Location Google Map in free Corporate Profile

Caumont Project
Featured in Share Collective
CaumontCanadaQCQuebec4,134 ha
Net Interest: 100% WI
Vested: Yes
Uncapped NSR/GOR: 0.00%
Ownership Terms:
Target Metals: Copper Nickel Platinum Palladium GoldModel: Magmatic SegregationStage: 2-Target Drilling
See Reliable Project Location Google Map in free Corporate Profile

Dumulon Project
Featured in Share Collective
DumulonCanadaQCQuebec2,579 ha
Net Interest: 100% WI
Vested: Yes
Uncapped NSR/GOR: 0.00%
Ownership Terms:
Target Metals: Zinc Lead GoldModel: SedexStage: 1-Grassroots
See Reliable Project Location Google Map in free Corporate Profile

Duval Project
Featured in Share Collective
DuvalCanadaQCQuebec2,458 ha
Net Interest: 70% WI
Vested: Yes
Uncapped NSR/GOR: 0.00%
Ownership Terms:
Target Metals: Nickel Copper Palladium PlatinumModel: Magmatic SegregationStage: 1-Grassroots
See Reliable Project Location Google Map in free Corporate Profile

Lemare Project
Featured in Share Collective
LemareCanadaQCJames Bay7,806 ha
Net Interest: 25% TC
Vested: Yes
Uncapped NSR/GOR: 0.00%
Ownership Terms: Agreement Feb 11, 2016 where Lepidico can earn up to 75% by paying $85,000 cash, $500,000 worth in stock, spend $2 million by Dec 31, 2017 and deliver JORC resource to earn 50%, after which it can increase to 75% by completing a DFS by June 30, 2020 and paying $2.5 million in cash or stock. CRE retains 2% NSR of which half can be bought for $2 million. If JORC greater than 20 million tonnes at 0.6$ Li2O cutoff a $1.5 million payment is due.
Target Metals: LithiumModel: PegmatiteStage: 3-Discovery Delineation
See Reliable Project Location Google Map in free Corporate Profile

Valiquette Project
Featured in Share Collective
ValiquetteCanadaQCQuebec5,564 ha
Net Interest: 100% WI
Vested: Yes
Uncapped NSR/GOR: 0.00%
Ownership Terms:
Target Metals: Nickel Copper Gold Palladium PlatinumModel: Magmatic SegregationStage: 2-Target Drilling
See Reliable Project Location Google Map in free Corporate Profile
Company Related KRO Comments
Sep 20, 2023Kaiser Watch - 0:08:29
Sep 20, 2023KW Excerpt: Kaiser Watch September 20, 2023: Critical Elements Lithium Corp (CRE-V)
May 12, 2023Kaiser Watch - 0:00:00
May 12, 2023KW Excerpt: Kaiser Watch May 12, 2023: Critical Elements Lithium Corp (CRE-V)
Jan 6, 2023Kaiser Watch - 0:04:19
Jan 6, 2023KW Excerpt: Kaiser Watch January 6, 2023: Critical Elements Lithium Corp (CRE-V)

Company News Releases - Members Only
Jun 17, 2024The Results From the Annual Meeting of Shareholders
Apr 22, 2024Continues to Expand Major Discovery at Rose West with Additional Multiple Wide Lithium Rich Intercepts
Apr 15, 2024Confirms Major Discovery at Rose West with Multiple Wide Lithium Rich Intercepts
Mar 13, 2024Completes Drill Program at Rose West Discovery and Intercepts Multiple, Wide Spodumene Rich Pegmatites
Feb 20, 2024Progress of The Rose Project New Government Authorizations Obtained
Jan 25, 2024Amendment to the Bourier Lithium Project and Upcoming Investor Events
Jan 19, 2024Power Nickel Commences 2024 Drill Program
Dec 20, 2023Corporate Update
Oct 30, 2023Obtains Transport Canada Dewatering Exemption Necessary for The Development of The Rose Lithium Tantalum Project
Oct 17, 2023New High grade Discovery within the Rose Project with Promising Grades of up to 5.62% Li2O
Oct 12, 2023Orders First Long Lead Equipment for the Rose Lithium Tantalum Project
Oct 11, 2023Files NI 43 101 Technical Report for the Rose Lithium Tantalum Feasibility Study
Sep 18, 2023Obtain Its Mining Lease for The Rose Lithium Tantalum Project
Sep 12, 2023Increases its confidence in Rose Project Growth as New Discoveries Expand Known Pegmatite Swarm
Sep 5, 2023Samples Up To 2.22% Li2O At Duval And 2.44% Li2O In The Southwestern Extension Of Lemare
Aug 29, 2023New Positive Feasibility Study for the Rose Lithium Project Generating an After Tax NPV8% of US$2.2B and an After Tax IRR of 65.7%
Aug 23, 2023Commences Fall Drill Program with Deep Target Hole 23 H2 01
Jul 31, 2023Power Nickel Exercises Option & Adds to Management Team as It Expands Its Focus on Nisk
Jul 25, 2023Appointment of Mr. Sebastien Perreault as Senior Director Mines, Storage Facilities and Camp
Jul 14, 2023The Results From the Annual and Special Meeting of Shareholders
Jun 27, 2023Appointment of Ms. Nancy Duquet Harvey as Senior Director of Sustainable Development and Environment
Jun 20, 2023Intercepts 1.04% Li(2)O Over 33.85 Meters in Drilling at Lemare
Jun 15, 2023Open Letter to Shareholders from Chair of the Board of Directors Eric Zaunscherb
May 31, 2023Identifies New LCT Pegmatite Targets and Announces a Surface Exploration Program in the Nemaska Belt Portfolio
May 16, 2023Rose Drilling Results and Corporate Update
Feb 28, 2023Approval of Hydro Qubecs Connection and Powerline Relocation Project to Power the Rose Lithium Tantalum Project
Feb 6, 2023Comex Recommends the Approval of Hydro Qubecs Connection and Powerline Relocation Project to Power the Rose Lithium Tantalum Project
Feb 1, 2023Corporate Update
Dec 12, 2022Appointment of Mr. Michel Clment, P.Eng., PMP as Senior Project Control Director
Dec 8, 2022Appointment of Mr. Andy Fortin as Senior Process and Commissioning Director
Nov 28, 2022Power Nickel Extends High Grade Nickel Mineralization at Nisk
Nov 8, 2022Grants Stock Options, RSUs and DSUs
Nov 2, 2022Receives Certificate of Authorization for the Rose Lithium Tantalum Project in Quebec
Oct 27, 2022Discovers New Lithium Tantalum Showings With up to 2.08% Li(2)O And 708 ppm Ta(2)O(5)
Oct 24, 2022Appointment of Mr. Hughes Prigny as Senior Project Manager
Sep 14, 2022The Results from the Annual and Special Meeting of Shareholders
Aug 11, 2022Complete Positive Engineering Study for a Lithium Hydroxide Monohydrate Plant
Aug 2, 2022Appointment of Mr. Yves Perron as Vice President Engineering, Construction, and Reliability
Jul 27, 2022Files NI 43 101 Technical Report For The Rose Lithium tantalum Feasibility Study
Jul 25, 2022Continued Strengthening of its Board of Directors with Two New Appointments
Jul 19, 2022Commences Summer Exploration Program
Jul 19, 2022Power Nickel Releases Initial NI 43 101 Compliant Mineral Resource Estimate on the Nisk Project
Jun 13, 2022A Positive Feasibility Study for the Rose Lithium Project Generating an After Tax NPV at 8% of US$1.9 B and an After Tax IRR of 82.4%
May 17, 2022Successfully Produces Battery Grade Lithium Hydroxide in Pilot Plant Testing
May 13, 2022Approval of the Rehabilitation and Restoration Plan Concerning the Rose Lithium Tantalum Mining Project
Apr 6, 2022Exploration Plans for 2022 Including Up to 25,000 Meters of Drilliing
Mar 30, 2022Continues Extension of Mineralization at Nisk and Readies for New Fully Funded 5000 Metre Drill Program in Q2
Mar 15, 2022Power Nickel Continues Extension of Mineralization with High Grade Results at Nisk
Mar 1, 2022Power Nickel Extends Mineralization at Nisk and Continues Preparation for an Updated NI 43 101 Mineral Resource Estimate
Feb 17, 2022Corporate Update
Jan 25, 2022Amendment to the Bourier Lithium Option Agreement
Dec 6, 2021Prospectus Unit Offering
Dec 3, 2021Closes $30 Million Bought Deal Public Offering of Units
Dec 1, 2021Receipt For Final Short Form Prospectus
Nov 29, 2021Updates Sedar Filings
Nov 17, 2021Appointment of Mr. Patrick Laperriere
Nov 4, 2021Bought Deal Public Offering To Raise Gross Proceeds Of $26,101,250
Sep 17, 2021Appointment of Mrs. Ani Markova as Director and the Results From the Annual Shareholders Meeting
Sep 14, 2021Critical Elements and Lomiko Metals Identify Bourier Project Lithium Targets and Report Discoveries Using GoldSpot Discoveries' Artificial Intelligence Methods
Sep 7, 2021Critical Elements and GoldSpot Discoveries Identify Lithium Tantalum Targets at the Critical Elements Claims in the Nemiscau Belt Using Artificial Intelligence
Aug 11, 2021Favorable Decision Statement Issued by the Minister of Environment and Climate Change Canada Concerning the Rose Lithium Tantalum Mining Project by Critical Elements Lithium Corporation
Jul 12, 2021Retains Ex Rockwood Lithium Expert for its Hydroxide Engineering Market Study
Jun 18, 2021Critical Elements Engages Goldspot Discoveries to Apply Ai Exploration Technologies at Its Lithium Tantalum Projects Within the Nemiscau Belt in Quebec
Jun 7, 2021Lithium Hydroxide Engineering Study
Jun 2, 2021UL ECOLOGO(R) Certified for Mineral Exploration
May 25, 2021Appoints Andrew Baribeau as Advisor
Apr 27, 2021Critical Elements Crystallizes Bourier Project Value by Signing Option Agreement with Lomiko Metals
Mar 18, 2021Update On The Rose Project: Draft Environmental Assessment Report Published By The Joint Assessment Committee
Mar 11, 2021Property Asset or Share Purchase Agreement
Mar 8, 2021Update on Rose Project Permitting and Portfolio Exploration
Feb 25, 2021Early Warning Report
Feb 25, 2021Closes NISK Acquisition Providing the Company a High Grade Historical Nickel Copper Cobalt PGE Resource
Feb 24, 2021Private Placement Brokered
Feb 11, 2021Closes $15 Million Bought Deal Private Placement of Units
Jan 22, 2021Resume Trading
Jan 22, 2021Upsizing of Previously Announced Bought Deal Private Placement
Jan 21, 2021$10 Million Bought Deal Private Placement of Units
Jan 20, 2021Environmental Assessment of Critical Elements Lithium Corp's Rose Lithium Tantalum Project on Its Way to Being Completed
Jan 18, 2021Webcast Public Hearings for Critical Elements Lithium Corporation's Rose Lithium Tantalum Project
Jan 4, 2021Retains Cantor Fitzgerald as Financial Advisor
Dec 23, 2020Crystallizes Nisk 1 Project Value by Signing Option Agreement With Chilean Metals
Oct 8, 2020Rose Lithium Tantalum Project: Corporate Update
Sep 17, 2020Private Placement Non Brokered
Sep 11, 2020Nomination of Mr. Eric Zaunscherb as Chairman of The Board and Results from The Annual Shareholders Meeting
Aug 24, 2020Closing of a Non Brokered Private Placement of $3,000,000
Jul 31, 2020Non Brokered Private Placement of Units
May 11, 2020Rose Lithium Tantalum Project: Project Update
Mar 19, 2020Appoints Eric Zaunscherb to Its Board of Directors
Mar 4, 2020Rose Lithium Tantalum Project: Project Update
Dec 18, 2019Corporate Update
Oct 23, 2019and Primero Announce a Guaranteed Maximum Price for Engineering, Procurement and Construction of the Rose Phase I Spodumene Project
Jul 8, 2019Signs Impact and Benefit Agreement with the Cree Nation of Eastmain, the Grand Council of the Crees (Eeyou Istchee) and the Cree Nation Government: A Road Map for a Mutually Beneficial Development of the
Jun 19, 2019Company Name Change
Jun 11, 2019Annual and Special Meeting of Shareholders
Mar 27, 2019Critical Elements Awards Primero Group Early Contractor Involvement Contract to Advance Detailed Engineering and Determine a Lump Sum Cost Estimate for the Rose Processing
Mar 7, 2019The Impact Assessment Statement for the Rose Lithium Tantalum Project is deemed complete by the Canadian Environmental Assessment Agency
Nov 7, 2018Appoints Charles Main to its Board of Directors
Oct 29, 2018Successfully Produces Battery Grade Lithium Hydroxide in Pilot Plant Testing
Aug 16, 2018Appointment of Ex Rockwood CFO as VP Finance
Aug 3, 2018Resignation of a Director and Officer
Jun 8, 2018Private Placement Brokered
May 16, 2018Annual Meeting
May 1, 2018Closing of $7 Million Bought Deal Financing of Units
Apr 10, 2018$5.0 Million Bought Deal Private Placement Financing
Feb 27, 2018Agreement With The Cree Nation Of Eastmain And Niskamoon Corporation For The Implementation Of The Eastmain River Lake Sturgeon Spawning Ground Enhancement Project
Feb 7, 2018Corporate Update And Strategic Partner Discussions
Jan 24, 2018Unaware Of Any Material Change
Dec 20, 2017Update On Strategic Partner, Retention Of Financial Advisor And Operational Update
Oct 20, 2017Files Ni 43 101 Technical Report For The Rose Lithium tantalum Feasibility Study
Sep 26, 2017Discovery of a Distinct Lithium Rich Boulder Field Assaying up to 1.65% Li2O; Acquires 2,594 Ha of Additional Tenure in Juliet Lithium Project Expansion
Sep 6, 2017Positive Feasibility Study With A Pre tax Npv 8% Of $1.257 B
Aug 17, 2017Wide Spodumene Intercepts At Lemare Lithium Project
Aug 2, 2017Submits Environmental Impact Study For Rose Lithium Tantalum Project
Jun 26, 2017Shares for Bonuses
Jun 14, 2017Receives $3 Million From Strategic Partner Helm Ag
Jun 13, 2017Lloyd Mayappo Joins Critical Elements As Cree Relation Coordinator
Jun 5, 2017Appoints Ex Rockwood Lithium CFO To The Board Of Directors
May 29, 2017Successfully Completes Pilot Plant Work For Lithium Carbonate Conversion
Apr 21, 2017Annual Meeting
Apr 13, 2017Successfully Completes Pilot Plant Work For Thermal Spodumene Conversion
Apr 5, 2017Successfully Completes Pilot Plant Work And Produces Spodumene Concentrate Grading Up To 6.56% Li2o
Feb 8, 2017Hires A Communication Firm
Nov 29, 2016Appoints Ex Rockwood Lithium Ceo As President
Nov 24, 2016High grade Lithium Drill Results At Lemare
Nov 8, 2016Initiates Bulk Sampling And Pilot Work For Final Plant Design And Equipment Selection
Nov 2, 2016Initiates Drilling On New Helico Sud Discovery
Oct 11, 2016Substantial Lithium Find On The Border Of Snet Lac Fire Claim
Sep 27, 2016Shares for Bonuses
Sep 19, 2016Begin Phase 1 Of Exploration Program On The Duval Lithium Project In The Nemaska Lithium Whabouchi Area
Sep 14, 2016Drilling Starts At Lemare Lithium Project
Sep 13, 2016Property Asset or Share Purchase Agreement
Sep 7, 2016Early Warning Report
Aug 8, 2016Discovery Of Pegmatite Traced Over More Than 700M On Surface Returns Up To 3.04% Li2o & 248 Ppm Ta2o5 From Six Grab Samples(1) Averaging 1.61% Li2o & 142 Ppm Ta2o5 At Helico South
Aug 3, 2016Further High grade Lithium At Lemare
Jul 18, 2016Ionic To Explore Valiquette And Amiral Lithium Properties In Quebec
Jul 6, 2016To Explore Duval Lithium Property In Quebec
Jun 28, 2016Strategic Partner Helm Ag To Provide Up To $4.5m Funding For Feasibility Study
Jun 6, 2016Private Placement Brokered
Jun 2, 2016Closing Of $6 Million Bought Deal Common Share Financing
May 18, 2016$5 Million Bought Deal Common Share Financing
May 6, 2016Lepidico Exercised Lemare Option
May 3, 2016Property Asset or Share Purchase Agreement
Apr 28, 2016Lomiko To Explore Bourier Lithium Property In Quebec For Electric Vehicle Market
Apr 21, 2016Annual Meeting
Apr 20, 2016Start Environmental Work At Rose Lithium Tantalum Project
Apr 6, 2016Critical Elements And Lepidico Extend Lemare Agreement
Apr 1, 2016Welcomes The Arrival Of The New Model 3 From Tesla
Feb 12, 2016Reminder/Critical Elements Signs Agreement With Lepidico To Sell Up
Feb 11, 2016Signs Agreement With Lepidico To Sell Up To 75% Interest
Dec 9, 2015Mr. David J. Buckley Appointed As Chief Processing Operator
Sep 9, 2015Correction From Source/critical Elements Signs With Strategic Partner For: Take Or Pay Off take, Collaboration For Feasibility Completion And Project Financing Option
Sep 8, 2015Signs With Strategic Partner For: Off Take, Collaboration For Feasibility Completion And Project Financing Option
Sep 3, 2015Halt
Jun 22, 2015Private Placement Non Brokered
Jun 18, 2015Annual Meeting
Jun 16, 2015A Closing Of $600,300
May 8, 2015Hires Paradox For Ir
Jan 15, 2015Private Placement Non Brokered
Dec 22, 2014Second Closing Of $165,000
Dec 2, 2014First Closing Of $300,000
Oct 1, 2014Confirms The Economic Potential Value Of Mica, A Second By product At Its Rose Lithium tantalum Project
Aug 14, 2014Receives Positive Material Testing Results From Multiple Glass And Ceramic Manufacturers
Aug 7, 2014Matthew Lauriston Starnes Appointed As A Director
Aug 5, 2014Achieves Lithium Carbonate Purity Of 99.98% During Optimization Testing Program
Jun 13, 2014Annual Meeting
May 14, 2014Sends Samples Of Lithium Concentrate To Users
May 13, 2014Closes The Sale Of The Croinor Property In Exchange For 520 Km2 Of Land Holdings Near The Rose Project In James Bay, Quebec
Mar 20, 2014Retains The Howard Group For Strategic Investor Communications
Dec 17, 2013Monarques Makes An Offer To Acquire The Remaining 50% Of The Gold Property Croinor In Val D'or
Dec 17, 2013Critical Element Signs An Agreement For The Sale Of The Croinor Property In Exchange 520 Km2 Of Ground Near The Rose Project In James Bay, Quebec
Sep 23, 2013Robust Tantalum Recoveries In Optimization Batch Testing With Up To 84% Ta2o5 Recovery Compared To 50% In Initial Pea
Sep 5, 2013Positive Optimization Metallurgical Test Results With Lithium Recoveries Of Up To 91.9% At Grades Of Up To 6.43% Li2o


 

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