Lithium One Inc.

Lithium One Inc. is a near-term producer of low-cost lithium and potash. Its flagship Sal de Vida Brine Project is one of the largest and highest-grade lithium-potash brine projects in the world, with a preliminary economic assessment that includes a 28% internal rate of return and a $1.066B net present value. The project is funded through feasibility in 2012 by a consortium that includes major end-user LG International, which provides product offtake and debt-financing security. The company's James Bay Pegmatite Project hosts a significant near-surface lithium resource and is funded through feasibility via a joint venture with Galaxy Resources.