Snow Lake Resources Ltd

Snow Lake Resources Ltd. engages in the exploration and development of mineral resources. The company was founded on May 25, 2018 and is headquartered in Winnipeg, Canada.

Earnings data Q2 2022

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Winnipeg, Manitoba--(Newsfile Corp. - November 14, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake"), a uranium exploration company, announces positive preliminary results from the first eight reverse circulation drill holes on the Engo Valley Uranium Project in Namibia (the "Project"), and commencement of a winter drill program at the Snow Lake Lithium Project.

Snow Lake Energy Announces Positive Preliminary Results from Drill Program at the Engo Valley Uranium Project

Winnipeg, Manitoba--(Newsfile Corp. - October 29, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake"), a Canadian clean energy exploration company, announces that Frank Wheatley, Chief Executive Officer, will be participating in The ThinkEquity Conference on October 30, 2024 at the Mandarin Oriental Hotel in New York.

Snow Lake to Present at the 2024 ThinkEquity Conference

Winnipeg, Manitoba--(Newsfile Corp. - October 22, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake") announces the commencement of drilling on the Engo Valley Uranium Project in Namibia.

Snow Lake Energy Announces Commencement of Drilling on the Engo Valley Uranium Project

Vancouver, British Columbia--(Newsfile Corp. - October 16, 2024) - ACME Lithium Inc. (CSE: ACME) (OTCQB: ACLHF) (the "Company", or "ACME") is pleased to announce that the 2024 field exploration season conducted by Snow Lake Resources ltd., dba Snow Lake Energy (NASDAQ: LITM) ("Snow Lake") on the Shatford Lake Project in southeastern Manitoba has been successfully completed.

ACME Lithium and Snow Lake Complete Successful Field Exploration Season on the Shatford Lake Lithium Project, Manitoba

Winnipeg, Manitoba--(Newsfile Corp. - October 16, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake") announces that the 2024 field exploration season on the Shatford Lake Project has been successfully completed.

Snow Lake Completes its Field Exploration Season on the Shatford Lake Project

Vancouver, British Columbia--(Newsfile Corp. - September 4, 2024) - ACME Lithium Inc. (CSE: ACME) (OTCQB: ACLHF) (the "Company", or "ACME") is pleased to provide an update on the exploration program at the Shatford Lake lithium project (the "Project") in southeastern Manitoba. 2024 Exploration Program Snow Lake Energy ("Snow Lake") (NASDAQ: LITM), together with Critical Discoveries, has designed a four-phase exploration program for 2024.

ACME Lithium Provides Exploration Update at Shatford Lake Lithium Project

Winnipeg, Manitoba--(Newsfile Corp. - September 4, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake" or the "Company") is pleased to provide an update on the exploration program on the Shatford Lake Lithium Project (the "Project").

Snow Lake Provides an Exploration Update on the Shatford Lake Lithium Project

Winnipeg, Manitoba--(Newsfile Corp. - July 25, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake" or the "Company") is pleased to provide an exploration update on its Engo Valley Uranium Project, located in Namibia.

Snow Lake Provides an Exploration Update on the Engo Valley Uranium Project

Winnipeg, Manitoba--(Newsfile Corp. - July 24, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake" or the "Company") is pleased to provide an update on its Black Lake Uranium Project, located in the Athabasca Basin, Saskatchewan, Canada.

Snow Lake Provides an Update on the Black Lake Uranium Project

Winnipeg, Manitoba--(Newsfile Corp. - July 5, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake" or the "Company") is pleased to provide a corporate update on its portfolio of clean energy mineral projects.

Snow Lake Provides a Corporate Update

Winnipeg, Manitoba--(Newsfile Corp. - June 4, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake" or the "Company") is pleased to announce that field crews have established their exploration camp and have initiated the 2024 exploration program on the Engo Valley Uranium Project.

Snow Lake Exploration Program Underway at Engo Valley Uranium Project

Winnipeg, Manitoba--(Newsfile Corp. - May 24, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake" or the "Company") announces that on May 24, 2024, it received a written notification (the "Notification Letter") from the Nasdaq Stock Market LLC ("Nasdaq") that the Company is not in compliance with Nasdaq Listing Rule 5550(a)(2), as the minimum bid price of the Company's common shares ("Shares") has been below US $1.00 per share for 30 consecutive business days.

Snow Lake Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

Vancouver, British Columbia--(Newsfile Corp. - May 23, 2024) - ACME Lithium Inc. (CSE: ACME) (OTCQB: ACLHF) (the "Company", or "ACME") is pleased to announce that Snow Lake Energy ("Snow Lake") (NASDAQ: LITM), has initiated the 2024 exploration program at ACME's Shatford Lake Project. 2024 Exploration Program Snow Lake, together with Critical Discoveries, has designed a four-phase exploration program for 2024.

ACME Lithium and Snow Lake Initiate Exploration Program at Shatford Lake Manitoba Lithium Project

Winnipeg, Manitoba--(Newsfile Corp. - May 23, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake" or the "Company") is pleased to announce that field crews have initiated the 2024 exploration program on the Shatford Lake Lithium Project.

Snow Lake Initiates Exploration Program at Shatford Lake Lithium Project

Winnipeg, Manitoba--(Newsfile Corp. - May 8, 2024) - Snow Lake Resources Ltd., (NASDAQ: LITM) d/b/a Snow Lake Energy ("Snow Lake" or the "Company") today announced the results of its 2024 Annual General & Special Meeting of shareholders (the "2024 Meeting"), which was held on May 8, 2024.

Snow Lake Announces 2024 Annual General & Special Meeting Results

Winnipeg, Manitoba--(Newsfile Corp. - May 3, 2024) - Snow Lake Resources Ltd., (NASDAQ: LITM) d/b/a Snow Lake Energy ("Snow Lake" or the "Company") today announced that its 2024 Annual and General Special Meeting of the Shareholders ("Annual Meeting") which was originally scheduled for May 2, 2024 at 1:00 pm, Central/Winnipeg Time, has been adjourned to May 8, 2024, at 1:00 pm, Central/Winnipeg Time, without any business being conducted, and with respect to all proposals described in Snow Lake's Notice of Annual General and Special Meeting of the Shareholders and Management Information Circular, as filed on SEDAR+ and furnished on Form 6-K with the U.S. Securities and Exchange Commission on April 11, 2024, due to lack of the required quorum on May 2, 2024.

Snow Lake Announces Adjournment of Annual Meeting of Shareholders

Winnipeg, Manitoba--(Newsfile Corp. - May 2, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake" or the "Company") believes that The Prohibiting Russian Uranium Imports Act (the "Import Ban"), passed by the United States and banning the import of enriched uranium from Russia into the United States, is supportive of the exploration and development of Snow Lake's Black Lake Uranium Project in Saskatchewan, Canada and its Engo Valley Uranium Project in Namibia.

Snow Lake Views the United States Law Banning Russian Uranium Imports as Supportive of Its Two Uranium Projects

Highlights Snow Lake's transition to a clean energy materials company continues with the acquisition of the Black Lake Uranium Project, located in the Athabasca Basin, Saskatchewan Saskatchewan was the second-largest global producer of uranium in 2022 and accounted for 15% of the world's primary uranium production [1] Saskatchewan also hosts the world's largest, highest grade uranium deposits, and is the source of almost a quarter of the world's uranium supply for electrical generation [2] The Black Lake Uranium Project consists of four separate projects, being Higginson Lake, Charlebois Lake, Fisher Hayes and Spreckley Lake, each of which hosts know uranium mineralization Historic work programs in the 1950's and 1970's confirmed the presence of uranium mineralization and non-SK-1300 compliant resources on all four projects The Black Lake Uranium Project covers a total of 18,908 hectares and is situated to the northeast of Black Lake Historic trench sampling results from the 1950's indicate up to 1.57% U3O8 Winnipeg, Manitoba--(Newsfile Corp. - April 25, 2024) - Snow Lake Resources Ltd., (NASDAQ: LITM) d/b/a Snow Lake Energy ("Snow Lake" or the "Company") is pleased to announce that it has entered into a binding letter of intent with the shareholders of a private Australian company to acquire a 100% interest in the Black Lake Uranium Project, located in the Athabasca Basin, Saskatchewan (the "Black Lake Uranium Project").

Snow Lake Expands its Clean Energy Portfolio of Mineral Projects with Acquisition of the Black Lake Uranium Project in the Athabasca Basin, Saskatchewan

Winnipeg, Manitoba--(Newsfile Corp. - April 8, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake" or the "Company") is pleased to announce that it has completed planning for its 2024 exploration program on the Engo Valley Uranium Project (the "Project"), with exploration work scheduled to commence shortly.

Snow Lake Ramps Up Exploration Program at Engo Valley Uranium Project

Winnipeg, Manitoba--(Newsfile Corp. - March 27, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake" or the "Company") is pleased to announce that it has initiated the preliminary stages of its 2024 exploration program on the Engo Valley Uranium Project (the "Project").

Snow Lake Initiates 2024 Exploration Program at Engo Valley Uranium Project

Winnipeg, Manitoba--(Newsfile Corp. - March 6, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake" or the "Company") is pleased to announce that the Exclusive Prospecting License EPL-5887 ("EPL-5887"), which hosts the Engo Valley Uranium Project (the "Project"), has been renewed by the Namibian Ministry of Mines and Energy and is valid until February 12, 2026.

Snow Lake's Engo Valley Uranium Project Receives Renewed Exclusive Prospecting License

Winnipeg, Manitoba--(Newsfile Corp. - March 4, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake" or the "Company") is pleased to provide a brief overview of uranium mining in Namibia.

Uranium Mining in Namibia

Highlights: Snow Lake begins transition to a diverse clean energy company with exclusive option to acquire 85% of the 68,283 hectares / 683 km 2 Engo Valley Uranium Project, Namibia (Figures 1, 2 and 3) The uranium spot price has doubled over the last year, recently surpassing US$100 per pound, its highest level since 2007 5,784m of relatively shallow drilling was drilled by Gencor on a small part of the project during the 1970's resulting in a historic resource, non-compliant with subpart 1300 of Regulation S-K ("S-K 1300") Two exploration targets, the main uranium occurrence (the "MUO") and the D1 Extension are highly prospective exploration targets, based on the prior exploration work conducted by Gencor, and cover over 700m and 500m of strike length, respectively Regional potential exists over the entire 19km strike length over the broader Engo Valley target, which attains a maximum width of 5 km Supported by an in-country team, all permits are in place for an immediate 1,000m drilling program which will aim to establish an initial mineral resource estimate in compliance with S-K 1300 Namibia is the world's third largest uranium producer, accounting for 11% of global uranium production, and also boasts the following development projects: Deep Yellow's (Market Cap $1.07B AUD) Tumas Uranium Project with 132.9 Mlbs of contained U 3 0 8 1 ; Bannerman Energy's (Market Cap $496M AUD) Etango Project with 207 Mlbs of contained U 3 0 8 2 ; and Forsys Metal's (Market Cap $191.5M CAD) Norosa Uranium Project with 91 Mlbs of contained U 3 0 8 3 . Winnipeg, Manitoba--(Newsfile Corp. - February 21, 2024) - Snow Lake Resources Ltd.

Transformational Acquisition of the Highly Prospective Engo Valley Uranium Project, Namibia, Expanding Snow Lake's Clean Energy Portfolio

Winnipeg, Manitoba--(Newsfile Corp. - February 8, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Lithium™ (NASDAQ: LITM) ("Snow Lake" or the "Company"), is pleased to announce that it has entered into an option agreement (the "Option Agreement") with a private Manitoba company ("Manco") to acquire a 90% undivided interest in a group of mineral claims in the Muskrat Dam Lake area of Western Ontario, near Kenora and the border with Manitoba (the "Muskrat Dam Project").

Snow Lake Expands Its Lithium Portfolio with Mineral Claims near Kenora, Ontario

ACME Lithium Inc. (CSE:ACME, OTCQB:ACLHF) announced that it has signed an option agreement with Snow Lake Resources, enabling Snow Lake to earn up to a 90% undivided interest in ACME's mineral claims at its Manitoba lithium pegmatite project areas. The Manitoba lithium group comprises 37 mineral claims over three project areas totaling around 17,000 acres.

News for Snow Lake Resources Ltd Stock (LITM)