About LithiumBank
LithiumBank is a publicly listed company based in Vancouver (Canada) founded in 2021. Lithium batteries are manufactured by LithiumBank in Vancouver. Its chief executive, as recorded, is Robert Shewchuk. LithiumBank offers products and services including Boardwalk Project and Park Place Project. Its focus areas include Enterprise Applications, Mining Tech, Operations and Mineral Extraction. Its legal entity is LithiumBank Resources Corp. Its competitors include Summit Nanotech, Mangrove Lithium and E3 Lithium; 2 of its 3 listed competitors have raised funding.
Company details
LithiumBank was established in 2021 and is headquartered in Vancouver, Canada. Operations center on the production of lithium batteries within the energy storage sector. Manufacturing processes are conducted to support battery applications, with activities focused on domestic and potential international markets. Leadership is provided by CEO Robert Shewchuk, overseeing development in this specialized field.
- Net Profit-$5.83 M (USD)-70.58as on Sep 30, 2025
- EBITDA-$3.18 M (USD)67.69as on Sep 30, 2025
- Latest Funding Round$2.84M (USD), Grant
Jul 2025
- InvestorsNGen
& 1 more
Products & Services of LithiumBank
LithiumBank offers a comprehensive portfolio of products and services, including Boardwalk Project and Park Place Project.
Lithium brine project focused on extraction in Western Canada
Lithium project involving brine recovery and economic assessment
Apps and channels of LithiumBank
its YouTube channel LithiumBank Resources has 135 subscribers and 25 videos.
Videos from LithiumBank
The most watched videos on LithiumBank's YouTube channel, LithiumBank Resources (135 subscribers). Click a video to play it here.
More on LithiumBank Resources .
Funding Insights of LithiumBank
- Total Rounds 6
- Last Round Grant — $2.84M
- First Round $6.9M
(May 2023)
- Investors Count 2
All 6 funding rounds of LithiumBank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
2 investors in total: 2 institutional.
Investors in LithiumBank
LithiumBank has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include NGen and Emissions Reduction Alberta.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Funding is provided for emissions reduction technologies in Alberta. | 2009 | eralberta.ca | Edmonton, Canada | |
Advanced manufacturing and technology are advanced by NGen foundation. | 2017 | ngen.ca | Hamilton, Canada |
Investor details for LithiumBank
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People of LithiumBank
1 people are tracked at LithiumBank (1 in leadership).
| Name | Role | Group |
|---|---|---|
Robert Shewchuk | CEO | Leadership |
Complete people profiles for LithiumBank
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IPO & Listings of LithiumBank
LithiumBank is a publicly listed company on the TSXV with ticker symbol LBNK in Canada, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date01 Apr 2022
- Listed onTSX-V: LBNK
- Listed entityLithiumBank Resources Corp.
- Exchange sectorProducer manufacturing
- ISINCA53681T1012
- Share price0.53 CAD (-7.02% on the day) · 2026-10-13
- Market capitalisation33,888,561.00 CAD
- EPS (diluted, trailing year)-0.07 CAD
- Volume (last session)41,070
Financials of LithiumBank
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | -8.1M CAD | -4.4M CAD | |
| 2024 | -4.8M CAD | -13.7M CAD | |
| 2023 | -7.0M CAD | -7.4M CAD | |
| 2022 | -3.5M CAD | -3.5M CAD | |
| 2021 | -6.1M CAD | -6.1M CAD |
Detailed financial statements for LithiumBank
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Timeline of LithiumBank
4 dated milestones of LithiumBank across 4 years, from founding to its latest funding, stage changes and deals.
- Founded LithiumBank is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $6.9M.
- Funding Latest funding round, Grant, of $2.8M.
Competitors of LithiumBank
LithiumBank has 3 listed competitors in our database, 2 of them funded. They include Summit Nanotech, Mangrove Lithium and E3 Lithium.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| summitnanotech.com | 2018 | Calgary, Canada | $95.67M | Sustainable lithium extraction is enabled by a proprietary process. | ||
| mangrovelithium.com | 2013 | Vancouver, Canada | $45M | 13 | Modular scalable lithium refining technology is developed for battery-grade production. | |
| e3lithium.ca | 2016 | Calgary, Canada | Lithium products are manufactured by E3 Lithium in Calgary, Canada. |
Detailed competitors of LithiumBank
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Web traffic of LithiumBank
The website of LithiumBank (lithiumbank.ca) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 62.1% vs previous month
Top companies in Mining Tech
3 companies that operate in the same segment as LithiumBank (Mining Tech) in Canada, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Sustainable lithium extraction is enabled by a proprietary process. | 2018 | Calgary, Alberta, Canada | USD 95.67 M | |||
Modular scalable lithium refining technology is developed for battery-grade production. | 2013 | Vancouver, British Columbia, Canada | USD 46.5 M | 13 | ||
Provider of metals for EV batteries | 2008 | Vancouver, British Columbia, Canada | USD 168.87 M | 47 |
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Related news about Lithiumbank
Complete news archive for LithiumBank
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Frequently Asked Questions about LithiumBank
LithiumBank was founded in 2021 and raised its 1st funding round 2 years after it was founded.
LithiumBank is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Robert Shewchuk is the CEO of LithiumBank, as recorded in our data.
LithiumBank was established in 2021 and is headquartered in Vancouver, Canada. Operations center on the production of lithium batteries within the energy storage sector. Manufacturing processes are conducted to support battery applications, with activities focused on domestic and potential international markets. Leadership is provided by CEO Robert Shewchuk, overseeing development in this specialized field.
LithiumBank's top competitors include Summit Nanotech, Mangrove Lithium and E3 Lithium.
LithiumBank offers Boardwalk Project and Park Place Project.
Yes, LithiumBank is publicly traded on TSXV under the ticker symbol LBNK.
LithiumBank has 2 investors. Key investors include NGen, and Emissions Reduction Alberta.
LithiumBank operates through Lithiumbank Resources Corp..