202618 releases
FRONTIER LITHIUM ANNOUNCES CLOSING OF CONVERTIBLE LOAN RESTRUCTURING
Restructuring of Frontier Lithium's unsecured convertible loan has closed through a replacement convertible loan agreement entered into September 16, 2026 and effective August 25, 2026, following conditional TSXV acceptance. Accrued interest of $279,720 was capitalized into a new principal of $3,629,720, the maturity date was extended 18 months to February 25, 2028, and the conversion price was cut from $0.65 to $0.455 per common share. No additional funds were advanced; the lender is affiliated with Chairman Reginald F. Walker.
FinancingPAK PROJECT SELECTED FOR CANADA INVESTMENT SUMMIT PROSPECTUS AND ONLY LITHIUM PROJECT INCLUDED IN ONTARIO’S DEAL BOOK
The PAK Lithium Project in northwestern Ontario has been included in the Canada Investment Summit Prospectus, which features 167 investment opportunities across eight sectors, including 63 in Minerals and Metals, and is distributed at the inaugural Canada Investment Summit held in Toronto on September 14–15, 2026. PAK was also one of six mining and critical minerals projects and the only lithium project among the 15 opportunities in Ontario's Deal Book.
CorporateFRONTIER LITHIUM INITIATES MINE AND MILL FEASIBILITY STUDY UPDATE FOR THE PAK LITHIUM PROJECT
An updated feasibility study for the mine and mill stage of the PAK Lithium Project in northwestern Ontario has been awarded to DRA Americas Inc., with completion targeted for the first quarter of 2027. The update will incorporate work completed since the 2025 Feasibility Study, including value engineering results, and assess refinements to process design, mass and water balance modelling, geotechnical investigations, operating assumptions and throughput scenarios, along with ongoing engineering, permitting and infrastructure planning.
Study resultsFRONTIER LITHIUM REPORTS FIRST QUARTER RESULTS AND RECENT HIGHLIGHTS
Cash and cash equivalents stood at approximately $20.9 million as at June 30, 2026, following an April 30, 2026 $15.0 million bought deal offering that produced net proceeds of about $13.6 million. On August 6, 2026, Frontier Lithium Advanced Materials Inc. signed a contribution agreement with Natural Resources Canada for a non-repayable contribution of up to $2.3 million for lithium refining flowsheet work. An August 13, 2026 amendment extends the $3.35 million unsecured convertible loan to February 25, 2028 at a $0.455 conversion price, subject to TSX Venture Exchange approval.
CorporateFRONTIER LITHIUM ANNOUNCES PROPOSED AMENDMENTS TO CONVERTIBLE LOAN
An amendment agreement has been reached with the lender of Frontier Lithium's $3.35 million unsecured convertible loan, extending the maturity date by 18 months to February 25, 2026 and revising the conversion price to $0.455 per common share. Principal will be amended to include accrued and unpaid interest as at the original August 25, 2026 maturity date, approximately $300,000, giving a new principal of $3,630,000 based on CORRA as of August 12, 2026; the interest rate remains CORRA plus 3% per annum. The lender is an affiliate of Chairman Reginald (Rick) F. Walker, making it a related party transaction exempt from formal valuation and minority approval requirements.
FinancingFRONTIER LITHIUM SIGNS NRCAN CONTRIBUTION AGREEMENT TO ADVANCE BY-PRODUCT VALORIZATION AT THE PAK LITHIUM PROJECT
A contribution agreement has been signed with Natural Resources Canada under the Global Partnerships Initiative, providing Frontier Lithium's subsidiary Frontier Lithium Advanced Materials Inc. a non-repayable contribution of up to $2.3 million, subject to the agreement's terms. The funding supports by-product valorization work at the PAK Lithium Project in northwestern Ontario, including technical and economic feasibility work on lithium refining flowsheets and evaluating sodium sulphate by-product for specialty fertilizer production. The agreement follows previously announced conditional approval.
CorporateFRONTIER LITHIUM FILES YEAR-END MARCH 31, 2026 FINANCIAL STATEMENTS
Annual financial statements and MD&A for the year ended March 31, 2026 have been filed. Frontier completed a $15 million bought deal public offering in April 2026, with proceeds directed to technical, environmental, permitting and corporate work for mine and mill development at the PAK Lithium Project in Ontario, held 92.5% by Frontier and 7.5% by Mitsubishi Corporation. In March 2026 the company signed an MOU with Panasonic Energy covering potential supply from its proposed Thunder Bay lithium conversion facility.
CorporateFRONTIER LITHIUM AND HANWHA SIGN MEMORANDUM OF UNDERSTANDING TO EXPLORE STRATEGIC COOPERATION ACROSS THE LITHIUM VALUE CHAIN
A non-binding memorandum of understanding has been signed with Hanwha Corporation and Hanwha Ocean Co., Ltd. to evaluate cooperation across the lithium value chain, including the potential supply and purchase of battery-grade lithium products from Frontier Lithium's proposed integrated lithium operations in Ontario. The parties will also explore strategic investment, project-level financing and possible offtake by Hanwha or its affiliates, subject to due diligence, approvals and definitive agreements. The engagement relates to Hanwha's participation in the Canadian Patrol Submarine Project procurement process.
NewsFRONTIER BOLSTERS EXECUTIVE ADVISORY COUNCIL TO DRIVE EXECUTION READINESS AND PROJECT FINANCING STRATEGY
Brent Cochrane and Ross Gallinger have been appointed to Frontier Lithium's Executive Advisory Council, adding project finance and ESG expertise as the company works toward a Final Investment Decision in 2028 for the proposed mine and mill at its PAK Lithium Project in Ontario. Frontier also entered a six-month marketing agreement with Epstein Research for investor relations services at USD $2,000 per month, subject to TSX Venture Exchange approval, with no securities as compensation.
ManagementFRONTIER ESTABLISHES EXECUTIVE ADVISORY COUNCIL TO SUPPORT ADVANCEMENT OF THE PAK LITHIUM PROJECT AND GRANTS STOCK OPTIONS
An Executive Advisory Council has been formed to provide strategic, technical, financial and industry guidance as Frontier Lithium advances the PAK Lithium Project in Ontario toward a mine and mill final investment decision targeted for 2028, with initial members Bruce Turner, P.Eng., and Dr. David Deak, PhD. Additional members will be added later. The Company also granted 67,000 stock options to employees, officers, directors and consultants at $.60 per share, expiring 5 years from grant, vesting 50% on issuance and 50% after one year, subject to TSX Venture Exchange approval.
CorporateFRONTIER LITHIUM ANNOUNCES CLOSING OF C$15 MILLION BOUGHT DEAL
A bought deal offering of 20,000,000 units at C$0.75 per unit closed for gross proceeds of C$15 million, underwritten by a syndicate led by BMO Capital Markets. Each unit includes one common share and half a warrant exercisable at C$1.00 for two years from closing. Proceeds will fund the PAK Lithium Project in Ontario, including an updated mine and mill technical report, infrastructure initiatives, permitting, the Lithium Conversion Study and general corporate expenses. Six insiders bought 136,668 units for $102,501.
FinancingFRONTIER RECOGNIZED UNDER G7 CRITICAL MINERALS PRODUCTION ALLIANCE AND FEDERAL PERMITTING COORDINATION AND GRANTS STOCK OPTIONS
The PAK Lithium Project in northwestern Ontario has been included on the G7 Critical Minerals Production Alliance list announced by the Government of Canada under its 2025–2026 G7 Presidency, and approved as the first project under Canada's Permitting Coordination for Clean Growth Projects initiative, administered by IAAC and the Clean Growth Office with a two-year service standard for federal permit decisions. Frontier also granted 4,775,450 stock options at $0.87, expiring in five years and vesting 50% on issuance and 50% after one year.
CorporateFRONTIER RECEIVES CONDITIONAL APPROVAL UNDER NRCAN’S GLOBAL PARTNERSHIPS INITIATIVE
Conditional approval has been received under Natural Resources Canada's Global Partnerships Initiative for a non-repayable contribution of up to $2.3 million to develop treatment and valorization options for by-products from lithium salts production at the PAK Lithium Project in Ontario. The work targets using sodium sulphate by-product for fertilizer and aluminosilicate leach material as a supplementary cementitious material. Final funding remains subject to negotiation and execution of definitive contribution agreements and customary conditions.
CorporateFRONTIER LITHIUM SIGNS MEMORANDUM OF UNDERSTANDING WITH PANASONIC ENERGY TO ADVANCE NORTH AMERICAN BATTERY SUPPLY CHAIN
A non-binding memorandum of understanding has been signed with Panasonic Energy Co., Ltd. and Mitsubishi Corporation covering potential procurement of lithium salts from the PAK Lithium Project in Ontario, with Panasonic Energy expressing interest in buying lithium hydroxide and the parties willing to negotiate a definitive offtake agreement at an appropriate stage. The project, a joint venture between Frontier (92.5%) and Mitsubishi (7.5%), targets initial production of about 20,000 tonnes per annum of battery-grade lithium salts from 2030.
NewsFRONTIER LITHIUM ANNOUNCES THIRD QUARTER RESULTS AND PARTICIPATION IN INDUSTRY EVENTS
Interim financial results for the third quarter ended December 31, 2025 have been filed on SEDAR+, with $12 million in cash and cash equivalents at quarter end. During the quarter the PAK Project was selected as Ontario's first lithium project under the One Project, One Process framework, and process agreements were executed in January 2026 with Deer Lake and Sandy Lake First Nations; refinery pre-definitive feasibility work continued. Frontier will exhibit at PDAC 2026 in Toronto, March 1–4, at Booth No. 3236.
CorporateCONSTRUCTION ON THE BERENS BRIDGE & ROAD PROJECT COMMENCES
Construction has begun on the Berens Bridge and Road Project in Northern Ontario, per an announcement by Ontario's Minister of Northern Economic Development and Growth. The project will deliver a two-lane bridge across the Berens River and more than 30 kilometres of new and upgraded all-season road links, built under an agreement with Pikangikum First Nation and the Whitefeather Forest Community Resource Management Authority. Rock drilling and blasting began last week, with the permanent bridge expected to be completed in 2028.
CorporateFRONTIER PROVIDES CRITICAL MINERALS INFRASTRUCTURE FUNDING UPDATE INCLUDING THE ROAD
Progress was reported on two infrastructure projects at the PAK Lithium Project in northwestern Ontario funded under Natural Resources Canada's Critical Minerals Infrastructure Fund, under contribution agreements finalized in March 2025 providing up to approximately $6.1 million in non-repayable funding for engineering and design of a 56-kilometre all-season road to the provincial highway network and for a substation and transmission line tied to the Wataynikaneyap grid.
CorporateFRONTIER LITHIUM SIGNS PROCESS AGREEMENTS WITH DEER LAKE AND SANDY LAKE FIRST NATIONS
Process agreements have been signed with Deer Lake First Nation and Sandy Lake First Nation covering engagement and information sharing as permitting advances for the PAK Lithium Project in Ontario, including potential all-season road access and construction and operation of a mine and mill. The agreements support permitting under Ontario's One Project, One Process framework, with Frontier anticipating a 24-month timeline for completing provincial permitting. The project is a joint venture between Frontier (92.5%) and Mitsubishi Corporation (7.5%).
Corporate
20252 releases
FRONTIER HIGHLIGHTS RECENT DEVELOPMENTS, RESULTS FOR Q2 & AGM
Cash and cash equivalents stood at $14.9 million as at September 30, 2025, including $909,000 in government funding reimbursements and $634,000 from stock option exercises, with no drilling at the PAK Lithium Project in Ontario since September 2024. The Lithium Conversion Facility Feasibility Study, led by Fluor Canada Ltd., is due in the first half of 2027, and Frontier was selected as first participant in Ontario's One Project, One Process initiative in October 2025. VP Sustainability and External Affairs David Ewing departs December 12, 2025; all AGM resolutions passed.
Corporate