Grants and Contributions:

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Title:

CTST Fast Pilot Program - DenaLi C - Direct Lithium Extraction Pilot Project

Agreement Number:

978464

Agreement Value:

$199,000.00

Agreement Date:

Sep 16, 2021 - Jun 30, 2022

Description:

The scope of this project is the construction and piloting of the company's MVP, the denaLi™ C DLE process in Chile, South America. Summit has purchased a 40' sea container and with the help of local engineering firms will fabricate and install modules that integrate to perform a full end-to-end lithium extraction and carbonation process. The 40' pilot unit will be transported to Chile at the end of Q4 2021 and piloting will begin in Q1, 2022. We will be working with brine from 6 different salars in Chile, allowing us to gather data, validate our technology, gain customer trust and learn about international operations.

Organization:

National Research Council Canada

Expected Results:

The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization

Location:

Calgary, Alberta, CA T3L 2P5

Reference Number:

172-2021-2022-Q2-978464

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

753314913

Recipient Type:

For-profit organization

Additional Information:

This agreement has been amended 1 time(s). The total amended value is 60,000 dollars.

Amendment Date

Mar 2, 2022

Recipient's Operating Name:

Summit Nanotech

Recipient's Legal Name:

Summit Nanotech Corporation

Federal Riding Name:

Banff--Airdrie

Federal Riding Number:

48001

Program:

Industrial Research Assistance Program – Contributions to Firms

Program Purpose:

Coverage:

IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.

NAICS Code:

33313

Amendments:

See Amendments