April 5, 2021 / Vancouver, BC / Lithium South Development Corporation (the “Company”) (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt OGPQ). Further to a recent announcement regarding corporate advertising, the Company is pleased to announce it has appointed Emerging Markets Consulting, LLC (EMC) for electronic media and webcast services, design, development and dissemination services. The Company has agreed on a two-month contract for a price of $ U.S. 175,000 per month, with the second month optional. The intent of the program is to raise market awareness of the Company and its advanced Hombre Muerto North Lithium Project, located in Salta Province, Argentina. The campaign is subject to the Company making certain filings with the TSX Venture Exchange in connection with the campaign.
The HMN Li Project is located on the Hombre Muerto Salar, the premier lithium-producing salar in Argentina. The property is adjacent to land under development by the Korean multinational corporation POSCO, which acquired the ground from Galaxy Resources Ltd. for U.S. $ 280 million. The Company completed a Preliminary Economic Assessment of the HMN Li Project in 2019, utilizing conventional evaporation extraction. The Company is focused on evaluating alternative extraction methods for the HMN Li Project and plans to become a leader in the application of Direct Lithium Extraction technology at the project level.
Investors / Shareholders:
On behalf of the board of directors of Lithium South Development Corporation
Adrian F. C. Hobkirk
President and Chief Executive Officer
Direct line: 954-684-8040
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The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements.
This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.