03:47 PM EST - Western Lithium USA Corporation : announced that it has received a milestone payment of $1.5-million U.S. pursuant to the Royalty Purchase Agreement with Orion Mine Finance (Master) Fund I LP, the Company's largest shareholder and a major New York investment fund, to be put towards building the planned Lithium Demonstration Plant expected to be operational in the fourth quarter of 2014. Western Lithium intends to use the plant to collect design data for a definitive feasibility study and to demonstrate the viability of producing low cost lithium carbonate from its Kings Valley lithium-rich hectorite clay deposit in Nevada. Western Lithium USA Corporation
shares T.WLC are trading up $0.03 at $0.35.
