Volt Lithium Achieves First U.S. Lithium Production, Approves Key Resolutions

Overview

• Volt Lithium Corp. has commenced its first lithium production in the Permian Basin, Texas.
• The company aims to start generating cash by the end of 2024 and achieve positive cash flow in the first half of 2025.
• Volt's Annual General and Special Meeting approved all presented resolutions, including the election of five directors and the appointment of DeVisser Gray LLP as auditor.
• The company's stock option plan and new omnibus equity incentive plan were also approved, pending TSX Venture Exchange approval.
• Volt is focused on scaling up operations to build an inventory of lithium concentrate and lithium carbonate for future commercial sales.