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Clear Sky Lithium Corp
Symbol POWR
Shares Issued 31,290,878
Close 2022-11-04 C$ 0.66
Recent Sedar Documents

Clear Sky Lithium hires Eva for grant financing efforts

2022-11-04 20:13 ET - News Release

Mr. Patrick Morris reports

CLEAR SKY ENGAGES CONSULTANT FOR GRANT FUNDING EFFORTS

Clear Sky Lithium Corp. has signed an agreement with Eva Garland Consulting LLC (EGC) to undertake the development of a strategic non-dilutive plan targeting grant financing opportunities.

  • EGC brings expertise in identifying and applying for applicable technology grant financing.
  • Adjacent companies American Lithium Corp. and American Battery Technology Company (located to the north and southwest of Clear Sky's Halo project, respectively) recently received grant financing in collaboration with DuPont for $4.5-million (U.S.) from the United States Department of Energy.
  • EGC has raised over $600-million (U.S.) in grant financing to date.

EGC is an Inc. 5000 fastest-growing company, headquartered in Raleigh, N.C. The company's 40 plus PhD scientific grant experts specialize in providing comprehensive accounting and compliance assistance to accelerate development of innovative technologies by obtaining and managing grant financing to assist scientific advancement. EGC offers full-service support that includes project management, strategic guidance, scientific grant writing and a tailored approach for each submission. EGC has worked with over 2,000 innovative companies, universities, incubators and government agencies.

Company chief executive officer Patrick Morris notes: "We are delighted to begin working with Dr. Garland's team. With the recent announcement regarding our neighbours at American Battery Technology achieving a U.S. Dept of Energy funding award, it was clear to us the time is right to accelerate our action planning for non-dilutive funding opportunities. EGC has a demonstrated track record and is already developing for us a detailed road map and prioritization schedule of available grant funding opportunities. We are pleased to be working together with such an experienced partner to help expedite the increasingly strong government support at the federal, state and county level for lithium exploration and technology advancement in the increasingly high-priority critical minerals sector. Our overall planning is predicated on the belief that technological advancement, especially in lithium extraction and processing, is key to shareholder value and grant funding will play an increasingly important role in driving successful outcomes for the entire industry."

Clear Sky is also pleased to announce that its common shares have been upgraded to the OTC Markets Group's OTCQB platform from the OTC Pink Market. The company's ticker symbol remains the same. The company expects that the OTCQB will help build shareholder value with a goal of enhanced liquidity and efficient trading access.

Clear Sky Lithium advises the public that as part of its disclosure obligations as a public issuer, all material and regulatory filings can be found on SEDAR.

About Clear Sky Lithium Corp.

Clear Sky Lithium is an exploration and development company dedicated to the advancement of North American lithium deposits to support domestic demand. The company currently holds interests on the ELi and Halo properties in Nevada. The company is also focusing on the development of claystone extraction and processing technologies aimed at delivering scalable efficiencies across the value chain in a sustainable manner.

We seek Safe Harbor.

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