LithiumBank Signs MOU With Invest Alberta to Develop Commercial Lithium Production Facility at Boardwalk

CALGARY, Alberta, April 05, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) is pleased to announce it has signed a Memorandum of Understanding (“MOU”) with Invest Alberta to support the development of a commercial lithium production facility at the Company’s Boardwalk brine project (the “Boardwalk Project” or “Boardwalk”) located 85 kilometres east of Grand Prairie, Alberta. Under the agreement, Invest Alberta has agreed to support LithiumBank by promoting the project domestically and internationally, facilitating relationships with key stakeholders and senior government officials, and connecting the Company with post-secondary institutions to create a qualified talent pipeline. The agreement has the potential to create high paying employment opportunities in Alberta and to solidify the province’s position as a supporter of the clean energy sector. 

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