Snow Lake Resources Ltd (LITM) Options

Nothing new with this announcement, but communication is generally better than silence.

https://www.newsfilecorp.com/release/238941


Snow Lake Energy Well-Funded to Advance Its Portfolio of Clean Energy Projects and Explore Nuclear Energy Opportunities
January 30, 2025 7:00 AM EST | Source: Snow Lake Resources Ltd
Winnipeg, Manitoba--(Newsfile Corp. - January 30, 2025) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake" or the "Company") is pleased to announce that as it begins 2025, it is well funded to advance its portfolio of uranium and lithium projects and pursue opportunities in the clean energy space that have the potential to be commercialized, create shareholder value, and contribute to addressing the increasing domestic and global demand for energy.

"The United States' declaration of a national energy emergency, along with a strategy focused on significantly increasing domestic energy production, marks a pivotal moment in addressing growing global energy demands," said Frank Wheatley, CEO of Snow Lake. "We recognize nuclear power as a vital part of the solution to these energy challenges, and we look forward to advancing our two uranium projects to contribute to this effort. Additionally, we are committed to leveraging our expertise, resources, and financial strength to evaluate and pursue strategic opportunities in the nuclear energy space."

United States Energy Emergency

In the past week, President Trump has declared a national energy emergency, emphasizing the urgent need to expand domestic energy production. This initiative is a clear response to the growing energy demands facing the Unites States, driven by economic expansion, industrial needs, and increased electrification. As part of this shift, a $500 billion private sector investment has been announced for the expansion of United States data centers, further reinforcing the necessity for increased and reliable energy generation.

Uranium and Nuclear Energy

Primary Use of Uranium: Uranium is primarily used to produce fuel for nuclear power plants, which generate electricity to meet increasing energy demands.

Electrification & Industrial Growth: The demand for electricity is expected to grow significantly in the coming decades, driven by the push for energy independence, industrial expansion, and technological advancements.

Technology Companies & Data Centers: Companies such as Google, Microsoft, Amazon, and Meta continue to invest in nuclear energy to power their energy-intensive data centers, recognizing its reliability and sustainability.

Why Nuclear Energy: Nuclear energy provides clean, zero-carbon, zero-emissions, reliable base-load, scalable, and cost-effective power with greater generating capacity per land footprint than other fuel sources.

Shortfall of Primary Uranium Supply: Current uranium supply projections indicate that demand will exceed available resources over the next decade. Developing new sources of uranium, including additional uranium mines, is essential to ensuring energy security.

Significant Financial Momentum

Over the past two months, Snow Lake has raised more than USD$35 million, including USD$16 million in a recently closed public offering. This strong financial position enables Snow Lake to accelerate its exploration initiatives, pursue strategic acquisitions, and contribute to solutions addressing the growing domestic and global energy demand.

Strategic Plans for 2025

Snow Lake's strategic plans for 2025 include:

Actively pursuing acquisitions in the nuclear energy sector to expand its project pipeline

Advancing exploration of its two uranium projects, including Phase 2 drilling at the Engo Valley Uranium Project and drilling high-priority targets at the Black Lake Uranium Project

Updating the SK-1300 mineral resource estimate at the Snow Lake Lithium™ Project to incorporate results from recent drilling campaigns

Exploring the Mound Lake Gallium Property, recognizing gallium's critical role in next-generation semiconductors

Engaging with strategic partners in the energy and technology sectors to accelerate project development

About Snow Lake Resources Ltd.

Snow Lake Resources Ltd., d/b/a Snow Lake Energy, is a Canadian clean energy exploration company listed on (NASDAQ: LITM), with a global portfolio of clean energy mineral projects comprised of two uranium projects and two hard rock lithium projects. The Engo Valley Uranium Project is an exploration-stage project located in the Skeleton Coast of Namibia, and the Black Lake Uranium Project is an exploration-stage project located in the Athabasca Basin, Saskatchewan. The Shatford Lake Project is an exploration-stage project located adjacent to the Tanco tantalum, cesium, and lithium mine in Southern Manitoba, and the Snow Lake Lithium™ Project is an exploration-stage project located in the Snow Lake region of Northern Manitoba.

The current focus of Snow Lake is advancing the exploration of its two uranium projects to supply the raw materials needed for the clean energy transition and emissions-free power, while exploration activities on its two lithium projects will remain limited until the lithium market recovers from its current depressed levels. Learn more at www.snowlakeenergy.com.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements, including without limitation statements with regard to Snow Lake Resources Ltd. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Forward-Looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will," "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-Looking statements are based on Snow Lake Resources Ltd.'s current expectations and are subject to inherent uncertainties, risks, and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Some of these risks and uncertainties are described more fully in the section titled "Risk Factors" in our registration statements and annual reports filed with the Securities and Exchange Commission. Forward-Looking statements contained in this announcement are made as of this date, and Snow Lake Resources Ltd. undertakes no duty to update such information except as required under applicable law.

Investor Relations
Frank Wheatley, CEO
ir@snowlakelithium.com

info
SOURCE: Snow Lake Resources Ltd

its a different stock for sure lol look at today....why? lol

https://x.com/griffin_ma92849/status/1883956637838565699

Offering closed!!! Let's go!! Next run $3.00 plus!!!

With the last offering, the timing, should be completed early today imo. Looking for new 100-300% gains. Would be nice to see some of that today.

https://x.com/griffin_ma92849/status/1883733311438405769

Looking for a big week here!!!!!

I was hoping the results from Engo Valley would be out today and be promising. Then the money would come in as a result and there would be no need to dilute the share value to raise the operational funds. Oh well, I suppose that's why they call it speculation. It's hard to believe that they would go through with the $16 million offering if they were going to announce good news about the Engo Valley tests. But who knows?

Was assuming the last offering was supposed to fully fund litm thru 2025. Unless you're one of the established big boys obviously mining/exploration comes more at a cost when it comes to a snow lake

Good morning. It would be a better one if we did not wake up to this news about Snow Lake.
https://www.tipranks.com/news/company-announcements/snow-lake-resources-announces-16-million-share-offering

Exciting day. Bummed that it couldn't keep the highs but all's well that ends well. Can't complain about a 5% increase. Still have fingers crossed for news about Engo Valley.

$LITM Drilling News Any Time Now. Strong Uptrend From Previous Low.
7 Straight Green days!!! ↗️↗️↗️

$LITM Strong upswing underway. MACD crossed bullish today and the RSI is getting ready to enter the Power Zone! Green the last 7 days. This upswing shows no signs of stopping now!

hold on to them for a few years!!!

im not pumping but its happening up there, i have seen it with my own eyes...huge infrastructure around Snow Lake being built daily...rumours going around is they are good til 2050 plus ....now with this precious metal find just pr'd i think the stock will bring huge premiums down the road...im definitely here for may years to come...adding and adding ...best wishes to you sir

Great to hear fire..........

oh i know ive been here for many years......i know friends who work up there ...lots of good things comin my friend

$LITM Namibia: *A Uranium Powerhouse* Namibia, where the Engo Valley Project is located, ranks as the world’s third-largest uranium producer, contributing 11% of global production in 2022.
https://allcapresearch.com/f/why-litm-is-a-good-stock-to-consider-adding-to-your-portfolio

Nice buying pressure 🚀

yeah it might bust into the $2 range!!! i hope so - hope it holds its gains from now on

NASDAQ: $LITM STRONG BUY ZONE

Funding Success

Raised $20M to fuel exploration and acquisitions.

Focus on securing critical minerals to meet global demand for AI and clean energy solutions.

$LITM Very bullish chart. MACD ready for a bullish cross, likely today... RSI heading for the Power Zone.
Solid uptrend underway. Heading for $2/$5/$10 💹

$LITM Latest News: Snow Lake Discovers Gallium in Ontario: A Critical Mineral Driving AI and Data Center Advancements
https://snowlakeenergy.com/snow-lake-discovers-gallium-in-ontario-a-critical-mineral-driving-ai-and-data-center-advancements/

I'll be buying more tomorrow.  I have more money clearing.

Yes, holding up very well...

GL in your trading here on it... $LITM

holding up really well,
I jumped too early lol, oh well, if it dips will jump back in
$LITM

$LITM Steady up we go... I have my tickets... ✈️

$931.00 pr KG. of Gallium. The price of gallium continues to climb as the need increases.  

nice, been buying premarket
and selling the pops, been a good trading stock for sure~

Picked up 15 thousand at .99. I'll buy more on the dips.

out at 1.02,
watching for re-entry

$LITM On a strong uptrend here... Gearing up for an eventual golden cross of the 50/200dma's on the chart.

and there it goes lol~

$LITM Strong out of the gate today!

looks likes it wants to go up imo~ $LITM

$LITM Big plans on the way. Company wants to be above $1 to keep NASDAQ compliance. Bet we hear big news very soon!

$LITM Canada aims to become world's biggest uranium producer as demand soars.
https://financialpost.com/financial-times/canada-biggest-uranium-producer-demand-soars

LITM..................................................https://stockcharts.com/h-sc/ui?s=LITM&p=W&b=5&g=0&id=p86431144783

$1+ this week

NASDAQ: $LITM💪⚡️

Strategic Focus: CEO Frank Wheatley envisions Snow Lake as a leader in clean energy and next-gen minerals, aligning with the growing demand for sustainable solutions

NASDAQ: $LITM

Acquisition and Next Steps:

Snow Lake has a binding agreement with Free Battery to earn up to an 80% interest in the Mound Lake Property.

$LITM Trump will be PRO Nuclear & due to Elon Musk PRO EV = Lithium. Basically both key mineral resources will be in great demand in next many years...
https://x.com/SnowLakeEnergy/status/1879847483440009605

$LITM Snow Lake: Pioneering the Future of Clean Energy Minerals
https://allcapresearch.com/f/snow-lake-litm-pioneering-the-future-of-clean-energy-minerals

NASDAQ: $LITM BIG WAVE ALERTS👌

Exploration Success: 12 samples showed gallium concentrations above 50 ppm, with the highest at 110.5 ppm

NASDAQ: $LITM 💪

Strategic Growth: The discovery complements Snow Lake’s lithium and uranium projects, positioning it as a leader in clean energy and tech minerals

Expansion: Snow Lake is acquiring up to 80% of Mound Lake Property

$LITM Check out the latest report from All Cap Research: Why LITM Is a Good Stock to Consider Adding to Your Portfolio
Link: https://allcapresearch.com/f/why-litm-is-a-good-stock-to-consider-adding-to-your-portfolio

Let er rip!!!!

$LITM On News Watch for drill results. LITM loves to spike on news! Loading beforehand here...

$LITM Options are another way to play $LITM

$LITM New X Post:
https://x.com/SnowLakeEnergy/status/1879680237530988889

Look at that sideways action! Nice level off here. Ready for news and big green candle!

$LITM nice move up off days lows~eom