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Category: Energy

Li-Metal enters letter of intent to sell lithium metal business for $15M

Tyler Choi Energy Li-Metal Toronto / GTA Jun. 28 2024

Li-Metal Corp. (LIM-CN) has entered a non-binding letter of intent to sell its lithium metal business for $15 million to an unnamed buyer, with the aim of improving its finances and providing capital for its lithium metal anode business.

Exro to launch Cellex subsidiary, receives UL certification for Cell Driver

Tyler Choi Energy Exro Calgary Jun. 28 2024

Exro Technologies Inc.’s (EXRO-T) Cell Driver energy storage system has been certified by safety science company UL, and the Calgary-based company will open a subsidiary named Cellex Energy Inc. to commercialize the product.

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