Detail akcie Sovereign Lithium online

Business Summary: Sovereign Lithium, Inc. is a mineral exploration and development company focused on supporting clean energy and clean technology industries. The Company is engaged in identifying, acquiring and developing mineral assets in the United States and surrounding countries. The Company’s portfolio of projects primarily targets lithium production with a sub-focus on rare earth elements (REE). The Company’s property includes Big Smoky Valley lithium project. The Company’s property includes Big Smoky Valley lithium project. Big Smoky Valley lithium project is located in Esmeralda Country in Nevada. It represents 48 unpatented placer mining claims consisting of 7,680 acres (3,108 hectares) in and around Esmeralda Country, Nevada. Till date, the Company has not generated revenues from its planned operations.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2013, Sovereign Lithium Inc revenues was not reported. Net loss before extraordinary items increased from $333K to $1.4M. Higher net loss reflects Impairment of mineral options increase from $0K to $790K (expense), Exploration and evaluation increase from $55K to $240K (expense), Officers compensation increase of 50% to $114K (expense).