LiCo Energy Metals Enters into Letter of Intent to Acquire Lithium Exploitation Concession, Salar de Atacama in Chile’s Lithium Triangle PR Newswire VANCOUVER, British Columbia, Jan 3, 2017 VANCOUVER, British Columbia , Jan 3, 2017 /PRNewswire/ — LiCo Energy Metals Inc. (“the Company” or “LiCo”) (OTCQB: WCTXF; TSX-V: LIC), is pleased to announce it has signed a non-binding Letter of Intent (LOI) with Durus Copper Chile Spa (“Durus Copper”), of Santiago, Chile whereby LiCo can earn up to a 60% interest in the Purickuta Lithium Exploitation Concession (the “Purickuta Project”) located within Chile’s Salar de Atacama, the world’s largest and purest active source of lithium. The LOI, when superseded by a definitive option agreement, will require LiCo to make certain cash payments totalling USD$8.4 million , issuing 5 million shares and making certain work and development commitments during the term of the option agreement […]