Lithium South Development Corp: Trading Halted Amidst Strategic Developments

VANCOUVER, BC, July 23, 2025 — Lithium South Development Corp, a mineral exploration and development company based in Canada, has experienced a trading halt on the TSX Venture Exchange. The halt, initiated by the Canadian Investment Regulatory Organization (CIRO), was announced on July 23, 2025, at 1:48 PM ET. The suspension affects all issues of Lithium South Development Corp (TSX-Venture Symbol: LIS) due to pending news.

The trading halt is a standard regulatory measure to ensure a fair and orderly market, particularly when significant announcements are anticipated. This action underscores the importance of the forthcoming news, which is expected to impact the company’s market position.

Strategic Appointments and Project Advancements

In a significant development, Lithium South Development Corp has announced the strengthening of its development team with the appointment of Claudio C. Zalewski as Director of Development & Construction for the Hombre Muerto North (“HMN”) Lithium Project. This project, located in Argentina’s Salta basin, is a key focus for the company, which is primarily engaged in the development of lithium brine projects.

Mr. Zalewski, a bilingual civil engineer with a Bachelor of Science in Civil Engineering from the University of Salta, brings extensive experience and local expertise to the role. His appointment is part of Lithium South’s strategy to fast-track the feasibility of the HMN project, which is crucial for the company’s growth and expansion in the lithium market.

Company Overview

Lithium South Development Corp operates within the Materials sector, specifically in the Metals & Mining industry. The company is listed on the TSX Venture Exchange and trades in Canadian dollars (CAD). As of July 21, 2025, the close price of the company’s stock was CAD 0.2, with a 52-week high of CAD 0.31 and a low of CAD 0.075. The market capitalization stands at approximately CAD 24,271,587.

The company’s primary operations are centered around the development of lithium brine projects, with a particular emphasis on the Hombre Muerto North lithium project in Argentina’s Salta province. This project is pivotal to Lithium South’s strategic objectives and its position in the global lithium market.

Conclusion

The trading halt and strategic appointments at Lithium South Development Corp highlight the company’s proactive approach to advancing its key projects and strengthening its market position. As the company prepares to release significant news, stakeholders and investors are keenly awaiting further developments that could influence the company’s trajectory in the competitive lithium industry.