General Information

Snow Lake is committed to being the first fully renewable energy-powered electric mine in the world that can deliver a completely traceable, conflict-free net zero carbon, battery grade lithium to the electric vehicle, or EV, consumer market. We aspire to not only set the standard for responsible lithium battery manufacturing, but we intend to be the first lithium producer in the world to achieve Certified B Corporation status in the process. As a Certified B Corporation, we would hope to participate in accelerating the global culture shift to redefine success in business and help to build a more inclusive and sustainable economy.

We are an exploration stage mining company engaged in lithium exploration in the province of Manitoba, Canada.

Our primary focus is currently conducting exploration for lithium at our 100% owned Thompson Brothers Lithium Project. Our objective is to develop a world-class lithium mine in Manitoba and to become the first fully energy renewable lithium hydroxide producer in North America, strategically located to supply the U.S. “Auto Alley” from Michigan to the southern United States, and the European battery market via our nearby access to the Hudson Bay Railway and the Port of Churchill. With our commitment to the environment, corporate social responsibility and sustainability, we aim to derive substantial revenues from the sale of lithium hydroxide to the growing EV and battery storage markets in the U.S. and abroad. With access to renewable energy produced in Manitoba, we expect to become the first supplier in North America of lithium mined exclusively with the benefit of power produced from fully sustainable, local sources.

Note: Net loss figure is in U.S. dollars and for the 12 months that ended June 30, 2021.

(Note: Snow Lake Resources Ltd. upsized its IPO at pricing on Nov. 18, 2021, to 3.2 million shares, up from 2.86 million in the prospectus, and priced the IPO at $7.50 – the top of its $6.50-to-$7.50 range – to raise $24.0 million.) 

Industry: Lithium Mining
Employees: 0
Founded: 2018
Contact Information
Address 242 Hargrave Street, #1700 Winnipeg, Manitoba R3C 0V1 Canada
Phone Number
Web Address
Financial Information
Market Cap $113.64mil
Revenues $0 mil (last 12 months)
Net Income $-0.45 mil (last 12 months)
IPO Profile
Symbol LITM
Exchange NASDAQ
Shares (millions): 3.2
Price range $7.50 - $7.50
Est. $ Volume $24.0 mil
Manager / Joint Managers ThinkEquity
CO-Managers -
Expected To Trade: 11/19/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change