Friday, July 14, 2017

Critical Elements Corporation - CRE.v

Critical Elements Corporation - CRE.v is advancing the flagship Rose Lithium-Tantalum project in Quebec.

A PEA on the project suggests an IRR of 25%, with an estimated Net Present Value (NPV) of CA$279 million at an 8% discount rate. The payback period is estimated at 4.1 years.

On June 14, 2017 the company released News

Critical Elements Corporation (the “Corporation” or “Critical Elements”) (TSX-V: CRE) (US OTCQX: CRECF) (FSE: F12) is pleased to announce that it has closed $3 million, representing the second and third drawdowns on the credit facility entered into with HELM AG on June 28, 2016.

“We are proud and very pleased to be partnered with HELM AG. Their technical and financial participation is proving to be a decisive factor in the success of the Rose lithium-tantalum project. We will soon publish the final feasibility study for the Rose lithium-tantalum project, which is an important milestone in the project’s development,” said Steffen Haber, President of the Corporation.

Outcropping Lemare pegmatite.