MMTE Mammoth Energy Group

[stockhopper]

MMTE, News out on friday. Great news play for the am. Imo this one should have a big open tmw morning. This news should give us a huge push in the am. Keep your eyes on this one..



Mammoth Energy Group Signs Financial Advisory Agreement With GR WHITE Capital Ltd of Canada

NEW YORK, NY, Aug 13, 2010 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today it has signed an advisory agreement with GR WHITE Capital Ltd. of Toronto, Ontario Canada to advise on the raising of up to $30 million for its lithium projects in Chile.

GR WHITE Capital Ltd. is led by Mr. Grant White, the former head of investment banking at Blackmont Capital in Toronto, Ontario Canada. GR WHITE Capital Ltd. is an advisory services company with a primary focus on natural resource companies worldwide including mining. At Blackmont, Mr. White was head of investment banking where his department was involved in over $1 billion of natural resource and mining transactions.

Mammoth Energy Group Inc. has signed a Letter of Intent to acquire forty-nine percent (49%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama Desert near Copiapo, Chile.

Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium. Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD.

"We are very pleased to be moving forward with Mr. White, his team is top notch and with his extensive track record, Mammoth Energy Group is moving in the right direction," said William Lieberman, President of Mammoth Energy Group.

[Jav992]

Mammoth Energy Group Comments on Lithium Regulatory Changes in Chile

Press Release Source: Mammoth Energy Group, Inc. On Monday August 16, 2010, 7:45 am
NEW YORK, NY--(Marketwire - 08/16/10) - Mammoth Energy Group Inc. (Pinksheets:MMTE - News) announced today that it agrees that Chile must change its lithium-related regulations in order to guarantee long-term access to lithium and emerge as a global leader in the rapidly growing industry.

These comments were echoed by panelists focusing on Chiles Mining laws sponsored by the industry group Sonami (Sociedad Nacional de Mineria de Chile) last week in Santiago.

Currently, Chile's government classifies lithium as a strategic resource, allowing the state to regulate production of the metal.

"Most manufacturers, especially auto companies, are seeking long-term agreements, something that most Chilean firms, cannot provide due to the regulations," said William Lieberman, President of Mammoth Energy Group. "The auto markets of Latin America including the large markets of Brazil and Mexico, will move quickly to electric powered cars with the close proximity of Chilean resources," he added.

Lithium is a key component in rechargeable batteries that power laptop computers, digital cameras and cell phones and electric powered cars.

Mining Minister Laurence Golborne said he would like the lithium industry to grow in coming years, signaling reforms to current legislation that could open the industry to other players.

Mammoth Energy Group Inc. has signed a Letter of Intent to acquire forty-nine percent (49%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama Desert near Copiapo, Chile.

Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium. Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD.

[Jav992]

[Jav992]

Mammoth Energy Group Signs Memorandum of Understanding on Remaining Lithium Concessions of Salt Gold Inter Chile Limitada

Press Release Source: Mammoth Energy Group Inc. On Tuesday August 17, 2010, 4:25 pm
NEW YORK, NY--(Marketwire - 08/17/10) - Mammoth Energy Group Inc. (Pinksheets:MMTE - News) announced today that it has signed a Memorandum of Understanding with Salt Gold Inter Chile Limitada, of Chile, to acquire the remaining 51% of the project.

Mammoth Energy Group Inc. has already signed a Letter of Intent to acquire the first forty-nine percent (49%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama Desert near Copiapo, Chile.

Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium. Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD.

"We are pleased to begin to finally wrap up the stake in the Salar de Maricunga," said William Lieberman, President of Mammoth Energy Group.

[stockhopper]

Mammoth Energy Group Comments on Launch of Lithium ETF


LIT Has Topped $20 Million in Assets and Regularly Sees Daily Trading Volumes North of a Million Shares
NEW YORK, NY, Aug 23, 2010 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that the new Lithium ETF, sponsored by Global X, already a fast-growing exchange traded fund (ETF) provider, has made its biggest impression on the market yet by offering a lithium ETF. It's the first product that gives investors a way to get exposure to this rare but increasingly popular metal.
The fund itself is about evenly split between lithium producers and battery producers, with the heaviest weights given to the lithium industry's largest producers, who make up 44% of the fund's assets. The United States is the largest country weighting at 49%. Chile, the world's largest producer of lithium, is 20% of the fund. Japan, Canada, France and Australia all have smaller weightings.

"We expect Global X and the ETF Lithium fund to take serious notice as the development of the Salar de Maricunga moves forward," said William Lieberman, President of Mammoth Energy Group.

Mammoth Energy Group has signed a Letter of Intent to acquire 49% of Salt Gold Inter Chile Limitada and a Memorandum of Understanding to acquire the remaining shares. Salt Gold Inter Chile Limitada lithium concessions are located in the North West region of Chile in the heart of the Lithium belt stretching across Bolivia, Chile and Argentina. Initial test wells have confirmed average brine concentrations with grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm lithium and 9000-10000 ppm for potassium

[Jav992]

Mammoth Energy Group Signs Second Letter of Intent to Acquire Lithium Concessions of Salt Gold Inter Chile Limitata of Chile
Mammoth Energy Group to Acquire Remaining 51% of Chilean Lithium Concessions at Salar de Maricunga

Press Release Source: Mammoth Energy Group, Inc. On Wednesday September 1, 2010, 4:45 pm EDT
NEW YORK, NY--(Marketwire - 09/01/10) - Mammoth Energy Group Inc. (Pinksheets:MMTE - News) announced today that it has signed a Letter of Intent to acquire fifty-one (51%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama desert near Copiapo, Chile.

"We are very pleased to be finalizing our intentions with Salt Gold Inter Chile Limitada on the official signing of the Letter of intent to acquire Salt Gold Inter Chile's lithium concessions," announced William Lieberman, President of Mammoth Energy Group.

Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium.

"Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD," said William Lieberman.

[chuck44l]

Im hearing a little chatter on this one around the web.Get this one on radar as there is some nice upside potential with some news and friendly sellers. Resistance on the daily chart is .0037 .0045 and a possible .011 As always treat these penny stocks as trades only and not an investment. Take profits when aavail and cut small losses before they become big losses.

[Jav992]

Mammoth Energy Group to Increase Investment Into Chile's Salar de Maricunga

Press Release Source: Mammoth Energy Group, lnc. On Wednesday April 27, 2011, 9:00 am

NEW YORK, April 27, 2011 /PRNewswire/ -- Mammoth Energy Group Inc. (PINK: MMTE), a lithium and alternative energy mining company, announced today that it intends to increase its investment and intends to acquire a total of 3500 Hectares or approximately 8645 acres in the Salar de Maricunga located near Copiapo, Chile.

"Once the Salar de Maricunga, our first acquisition, is completed we will focus on the roll out of additional acquisitions across Chile and Argentina that we have been working on for sometime," announced William Lieberman, President of Mammoth Energy Group.

The company is currently working with Philippi, Yrarrazaval, Pulido & Brunner, a leading Chilean mining firm who is completing the due diligence and the final transaction documents on this initial transaction.

Mr. Lieberman added, "Working overseas or in any foreign country can sometimes have its challenges and we have always been focused on building shareholder value over the long run and will continue to do so."

The acquisition, once completed, will have 43-101 compliant lithium values of 1000 mg/l. The Salar de Maricunga is a world class lithium asset with similar lithium values as the Salar de Atacama, which is currently mined by Sociedad Quimica y Minera S.A.

About Mammoth Energy Group Inc. (PINK: MMTE) www.mammothenergygroup.com

Mammoth Energy Group Inc is focused on acquiring, developing and operating strategic mining energy reserves in locations throughout the world. With an ever changing shift to alternative energy and fuels Mammoth Energy Group will be prepared to be a leading energy supplier and operator. Mammoth Energy's goal is to become an important partner as the world's energy paradigm begins to change throughout the next decade and beyond.

[chuck44l]

MMTE off to a very nice start on news. Currently trading at the hod of .0026 Congrats to all who got in at lower levels and good luck!!!!

As always take profits when avail and cut small losses before they become big losses.

[chuck44l]

NEW YORK, NY--(Marketwire -07/26/11)- Mammoth Energy Group Inc. (Pinksheets: MMTE.PK - News), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary Compania Lithium Investments Limitada of Chile has acquired six concessions for a total of 2471 acres (1000 hectares) of lithium concessions located in the Salar del Laco in north east Chile.

Mammoth Energy Group's Compania Lithium Investments Limitada has already acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the southern section of the Salar de Maricunga, seven concessions for a total of 4695 acres (1900 hectares) in the Salar de Pujsa, and now with the 2471 acres (1000 hectares) in the Salar del Laco for a total of just under 16,000 combined acres throughout Chile. The company is currently in acquisition mode and Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining assets in Chile on behalf of Mammoth Energy Group Inc.

About Mammoth Energy Group Inc. (Pinksheets: MMTE.PK - News) www.mammothenergygroup.com

Mammoth Energy Group Inc. is focused on acquiring, developing and operating strategic mining energy reserves in locations throughout the world. With an ever changing shift to alternative energy and fuels Mammoth Energy Group will be prepared to be a leading energy supplier and operator. Mammoth Energy's goal is to become an important partner as the world's energy paradigm begins to change throughout the next decade and beyond.

Forward-Looking Statements

This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such Forward Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the company's business plans, the effect of acquisitions on our profitability, the effectiveness, profitability, and the marketability of the Company's products; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the company's operating results and financial condition; and other risks detailed in the Company's filings with the Securities and Exchange Commission.

These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.

Contact:


Contact:
Mammoth Energy Group Inc.
Mr. S. Ahshrup
Phone: (212) 613-5453
Email: info@mammothenergygroup.com
Web: www.mammothenergygroup.com