Rain City Resources Inc - Mining Stock Analysis & Updates
Latest News and Market Performance for Rain City Resources Inc
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Rain City (RAIN): Update on Pilot Plant Commencement
Rain City Resources Inc. announces the arrival of the ACCELi mineral extraction pilot plant in Pennsylvania, set to start operations soon. The plant aims to extract lithium and other critical minerals from wastewater brine, with a 21-day trial period to validate the technology.
Rain City (RAIN) Completes Final Closing of Private Placement
Rain City Resources Inc. has completed a private placement, raising $454,450.05 by issuing 6,059,334 shares, with funds directed towards operational expenses at a pilot plant and general working capital. Shares are subject to a four-month hold period.
Rain City (RAIN) Completes Closing of First Tranche of Private Placement
Rain City Resources Inc. has closed the first tranche of a private placement, raising $305,700 by issuing 4,076,000 shares. Funds will support operational expenses for a pilot plant in Pennsylvania and ongoing projects in Chile and Argentina, advancing their lithium extraction technology.
Rain City (RAIN) Announces Financing
Rain City Resources Inc. announces a private placement of up to 6.67 million shares at $0.075 each, raising up to $500,000 for operational expenses, third-party analysis, and project discussions in Chile and Argentina.
Rain City (RAIN) to Ship Direct Lithium Extraction Pilot Plant to Pennsylvania
Rain City Resources Inc. announced an agreement with Avonlea Lithium Corporation and Kendra II to test its ACCELi Direct Lithium Extraction pilot plant in Pennsylvania. The trial aims to demonstrate the technology's effectiveness using brine from the Marcellus Shale.
Rain City Resources Inc. (RAIN) Completes Lithium Pilot Plant
Rain City Resources Inc. has launched a pilot plant to utilize Avonlea Lithium Corporation's ACCELi technology for direct lithium extraction. The plant, capable of processing 150 barrels-per-day, is set for a pre-commercial trial after a successful test. Avonlea seeks a site for the plant's operation.
