IPO Date Approved for Blanco Minerals Inc.

January 3, 2020 - Vancouver, B.C.; Blanco Minerals Inc. today confirms that the company has been granted regulatory approval for the company's shares to list as an IPO on the New York Stock Exchange on Thursday, March 5, 2020.On November 4, 2019 Blanco Minerals Inc. announced its intentions to list the IPO by the end of January 2020. The company's board agreed in a meeting on December 18, 2019 to extend the time due to the USD $39 million cash investment from Tesla Inc. that was announced on December 20, 2019. The investment from Tesla Inc. has further increased the overall valuation of Blanco Minerals Inc. and therefore the company will undergo a new official valuation performed by PricewaterhouseCoopers of which the results are expected by early February 2020.

It is expected that by the latest date of Thursday, February 20, 2020 the full prospectus for the IPO will be distributed to all of the company's shareholders and made available to the public by the IPO underwriters, Barclays Capital Inc. and Credit Suisse USA. In conjunction with the prospectus release the underwriters will present the IPO to institutional investors in the global financial industry by commencing the IPO roadshow in the week commencing Monday, February 24, 2020.

The underwriting managers are reporting to Blanco Minerals’ executives that the final pricing of the IPO, that will be announced 3-5 days before the listing, will be at least USD $6.00 per share as the bottom end of the range. Due to the extremely strong demand in all areas of lithium related equities markets, it is agreed among the analysts working on the IPO that Blanco Minerals' share price will maintain strong price levels in the 6 months following the listing. Beyond the first 6 months, the projected strong growth of Blanco Minerals Inc. for the next 5 years should allow the share price to rise consistently in the long term.

Peter Ross, CEO at Blanco Minerals has stated, "The date of the IPO was adjusted to early March in order to allow the $39 million investment from Tesla to be accounted into the company's valuation. The result of the valuation will solidify the share price predictions that are being reported. Our investor relations team has been ordered to relay all of the news relating to the IPO to our institutional investors and private shareholders. These are exciting times for us and the upcoming IPO is certain to be very rewarding for all those involved."

About the Company:

Blanco Minerals Inc. controls the Salar De Arena Rica Lithium Brine Project, located in the Atacama Region of Northern Chile, in a joint venture partnership with SQM, The company also maintains a large lithium brine project in Jujuy Province in northwest Argentina. Furthermore, Blanco Minerals Inc. is developing the largest lithium project in North America at Zacatecas State, Mexico.

For further information contact: investors@blancominerals.com

Extended Agreement with Tesla Leads to $39m Cash Boost

   

December 20, 2019, Vancouver, B.C. - The year 2019 has been very successful for Blanco Minerals Inc. and has ended on a high note today as the company is very pleased to announce our relationship with Tesla Inc. is now greatly expanded to include a large USD $39 million cash investment into Blanco Minerals' Zacatecas State Lithium Project in Mexico. The substantial cash investment will greatly accelerate the development and progress into production of the Mexico project. The insertion of the cash investment from Tesla Inc. now puts the Zacatecas State Lithium Project on track to begin production and refining of lithium mineral by no later than the 2nd quarter of 2020. The Zacatecas State Lithium Project consists of 12 concessions that are 95% owned by Blanco Minerals Inc.  By 2022 the project will run at full production capacity of 42,000 tonnes per annum of refined battery grade lithium mineral, at which time the project will become the largest lithium mining operation in North America.

In December 2018, Blanco Minerals Inc. signed a supply agreement with Tesla Inc. in relation to the Mexico project. Under the conditions of the now expanded agreement, it can now be confirmed that Tesla Inc. will purchase 100% of the refined lithium mineral from the Zacatecas State project. The agreement will ensure a net profit of 25 - 35% from the refined mineral sales for Blanco Minerals  Inc. based on feasibility studies and audits conducted by PricewaterhouseCoopers. The predicted profit summations are largely based on the projected increased demand and price for lithium mineral in the coming 5-10 years period. It is widespread common knowledge that lithium demand and prices will continue to remain strong for many years to come.

The cash injection of USD $39m from Tesla Inc. is a continuation of Tesla's program to secure lithium supply for their massive Gigafactories that manufacturer lithium-ion batteries. The latest large cash investment into Blanco Minerals Inc. follows a large investment of USD 68.5 million into Blanco Minerals' project in Argentina from LG Chem in September of this year. Blanco Minerals Inc.'s projected production targets for each of its projects are on course to be met largely due to the financial and logistical support from our corporate partners at SQM, LG Chem and Tesla.

Blanco Minerals Inc. will release updates regarding the company's upcoming IPO listing in the early New Year. The IPO on the New York Stock Exchange will certainly make 2020 at least as or even more memorable than 2019 for the company.

About the Company:

Blanco Minerals Inc. controls the Salar De Arena Rica Lithium Brine Project, located in the Atacama Region of Northern Chile, in a joint venture partnership with SQM, The company also maintains a large lithium brine project in Jujuy Province in northwest Argentina. Furthermore, Blanco Minerals Inc. is developing the largest lithium project in North America at Zacatecas State, Mexico.

For further information contact: investors@blancominerals.com

IPO Details Released By Blanco Minerals Inc.

November 4, 2019: Vancouver, B.C.: Blanco Minerals Inc. are pleased to announce that the final preparations are in place in order for the company to proceed with its IPO listing on the New York Stock Exchange.

This announcement is made to confirm that on Friday, November 1, 2019, the IPO underwriters, Barclays Securities and Credit Suisse USA, have submitted all of the final IPO documentations with the SEC market regulators in order to receive confirmation to list on the main board of the New York Stock Exchange. The date of Wednesday, January 22, 2020 has been applied for as a listing date. The company and its IPO underwriters seek final approval for the listing date from the regulators and foresee the date will be given such approval by no later than mid December 2019.

The full prospectus for the IPO listing will be made available to the general public immediately after the regulators give final approval to the filed documentation and the application of the listing date. Since it is expected that such approvals will be granted by no later than mid December 2019, the public release of the IPO prospectus should occur by the end of December 2019.

It has been stated by the IPO underwriting managers that are leading the filing process that the pricing of the IPO, which will occur 3-5 business days before the listing, will be at minimally USD $6.00 per share. Due to an extremely strong marketplace in all aspects of lithium industry investment, it is widely agreed that, after the listing, the Blanco Minerals' share price will continually grow at a steady pace over the short and long term.

Peter Ross, Blanco Minerals' CEO said today, " The whole team including the board members, directors, our private equity partners and our pre-IPO investors are delighted that the underwriters have filed the IPO documentation in a timely and efficient manner. It was decided to set the actual listing date in the second half of January in order for the regulators to have plenty of time to approve the date in the case of any requirements for further documentation needing to be filed."

Mr. Ross also said, "Since it is still quite early days in the global lithium boom, our timing for going public could not be better. In Barclays Securities and Credit Suisse we have the greatest promoters and underwriters backing us. The lithium battery industry will continue to grow at a massive rate for the next several years. The electric car industry is still in its infancy. We thank all of the investors who have put their faith in our organization. We are all about to be rewarded tremendously for that belief in the future of Blanco Minerals."

About the Company:

Blanco Minerals Inc. controls the Salar De Arena Rica Lithium Brine Project, located in the Atacama Region of Northern Chile, in a joint venture partnership with SQM, The company also maintains a large lithium brine project in Jujuy Province in northwest Argentina. Blanco Minerals Inc. is developing the largest lithium project in North America at Zacatecas State, Mexico.

For further information contact: investors@blancominerals.com

Blanco Minerals Inc. Overview

Blanco Minerals Inc. is rapidly becoming a leading global producer of lithium. 

Blanco Minerals' corporate office is located in Vancouver, Canada. Blanco Minerals has over employs over 1,500 staff and contractors located in Canada, Chile, Argentina and Mexico.

Blanco Minerals Inc., through a joint venture with Sociedad Quimica y Minera de Chile (NYSE:SQM), is now producing and further developing lithium brine mineral at its Salar De Arena Rica project in the Atacama Region of northern Chile. The joint venture partners, SQM, are the world's 2nd largest producer of lithium. The partnership with SQM gives Blanco Minerals full access to all of SQM's refining and transportation infrastructure in the Atacama Region.

Blanco Minerals also has a large lithium brine project located in Jujuy Province, Argentina. This project consists of a 46 square kilometer salar (brine lake and surrounding concessions). The site is100% owned by Blanco Minerals and its minority Argentinian partners. Argentina’s president Mauricio Macri since elected in 2015 has introduced reforms to encourage foreign investment in the country’s mining industry and thus foreign investment into the mining sector in Argentina is surging.

Blanco Minerals Inc. is developing one of North America’s largest lithium projects in Zacatecas State in central Mexico. The project is ideally situated as a short overland shipping journey to Tesla’s gigantic lithium Gigafactory in Nevada. The geological testing on the site has returned the potential of 35,800 tonnes per annum of lithium carbonate that can be produced in the first year of production and expanding to 54,000 tonnes per annum 2 years later.


https://blancominerals.com/overview.html

Blanco Minerals Announce Sale of pre-IPO Shares to Commence

Vancouver, B.C.: September 19, 2019 - Blanco Minerals Inc. has announced today that they will allow their institutional investors and private equity partners to begin offering pre-IPO shares in Blanco Minerals Inc. to their own private and corporate clients. The pre-IPO shares are authorized to be sold at their current audited value of USD $2.65 per share.

On August 27, 2019, Blanco Minerals Inc. released news stating that they are moving forward to go public with an IPO on the New York stock market and they intend to list the IPO within the first half of 2020. Blanco Minerals can also confirm that they are currently negotiating underwriting contracts with a number of large well known Wall Street investment banks to bring the IPO to market by the first half of 2020.

Blanco Minerals' CEO Peter Ross said today, "We are giving the go ahead to our institutional investors and private equity partners in the USA, London and Hong Kong to sell a maximum of 5.5 million pre-IPO shares to their own private and corporate clients. This will be the 1st tranche of pre-IPO placements and 1 or 2 more tranches could possibly be sold later as we further develop our lithium resources and the company's value increases. The first tranche is at a ground level entry price of USD $2.65 per share, we are sure that on future audits the company's valuation will rise sharply as our lithium production ramps up and revenue increases."

Mr. Ross also remarked, "I can also say today that Blanco Minerals are on the verge of signing a financial deal with a major global corporate household name in relation to bringing our projects in Argentina into production much faster than expected. The deal I refer to will include a substantial sized cash injection.

Mr. Ross expressed, "We are still in the early days of a global lithium boom because of the rapid growth of the electric vehicle industry along with huge demand from the electronics industry and the business of renewable energy storage. By going public in the near future our shareholders will be in the best position possible to maximize the profits on their investments and reap the rewards they deserve for having faith in our company."

About the Company:

Blanco Minerals Inc. controls the Salar De Arena Rica Lithium Brine Project, located in the Atacama Region of Northern Chile, in a joint venture partnership with SQM, The company also maintains a large lithium brine project in Jujuy Province in northwest Argentina. Furthermore, Blanco Minerals Inc. is developing the largest lithium project in North America at Zacatecas State, Mexico.

For further information contact: investors@blancominerals.com

BLANCO MINERALS INC.

Blanco Minerals Inc. controls the Salar De Arena Rica Lithium Brine Project, located in the Atacama Region of Northern Chile, in a joint venture partnership with SQM, The company also maintains a large lithium brine project in Jujuy Province in northwest Argentina. Furthermore, Blanco Minerals Inc. is developing the largest lithium project in North America at Zacatecas State, Mexico.

For further information contact: investors@blancominerals.com

https://www.blancominerals.com