LithiumBank Resources (LBNK) has notable insider buying

LithiumBank Resources (V:LBNK)

Paul Frank Matysek, a Director, acquired 100,000 Common Shares on a direct ownership basis at a price of $0.800 through an exercise of options on May 26th, 2023. This represents a $80,000 investment into the company's shares and an account share holdings change of 25.0%.

LithiumBank Resources Corp. is an exploration and development company focused on direct brine lithium resources in Western Canada. The Company has approximately 3.2 million acres of potential Direct Lithium Extraction (DLE) amenable assets. The Company intends to acquire claims in known lithium high grade hot spots with existing wells and infrastructure. Its claims are positioned in reservoirs that provide a combination of scale, grade flow rates that are necessary for direct brine lithium production.