Rodinia Lithium Inc.

Rodinia Lithium Inc.

November 22, 2011 08:00 ET

Rodinia Lithium to Participate in San Francisco Hard Assets Conference November 27-28, 2011

TORONTO, ONTARIO--(Marketwire - Nov. 22, 2011) - Rodinia Lithium Inc. ("Rodinia" or the "Company") (TSX VENTURE:RM)(OTCQX:RDNAF), will be exhibiting at the 2011 San Francisco Hard Assets Conference at the San Francisco Marriott Marquis from Sunday, November 27 to Monday, November 28, 2011.

Rodinia encourages its shareholders and all interested parties to come by booth #616 and learn more about the Company's projects in Argentina and Nevada. The Company hopes shareholders will take this opportunity to speak with representatives about its recently announced Preliminary Economic Assessment for the Salar de Diablillos property in Salta, Argentina, which showed a 36% IRR and up to $964 million net present value. (See Press Release dated November 7, 2011.)

Exhibition Hours:
Sunday, November 27th: 8:30 am – 6:00 pm
Monday, November 28th: 8:30 am – 6:00 pm

More information on the San Francisco Hard Assets Conference, and how to attend, can be found at the conference website address

In addition, the Company announces that it has granted an aggregate of 1,475,000 stock options of the Company (the "Options") to certain officers, directors and consultants of the Company. The Options shall have an exercise price of $0.24 and shall expire on November 21, 2016. The Options remain subject to receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange and remain subject to the statutory four month hold period until March 22, 2012.

About Rodinia Lithium Inc.:

Rodinia Lithium Inc. is a Canadian mineral exploration and development company with a primary focus on Lithium exploration and development in North and South America. The Company is also actively exploring the commercialization of a significant Potash co-product that is expected to be recoverable through the lithium harvesting process.

Rodinia's Salar de Diablillos lithium-brine project in Salta, Argentina, contains a recoverable resource of 2.82 million tonnes lithium carbonate equivalent and 11.27 million tonnes potassium chloride equivalent. The project contains a recoverable inferred resource of 952,553,000 m3 grading 556 mg/L lithium and 6,206 mg/L potassium. Throughout 2011, Rodinia will focus on continuing to develop the Diablillos project by completing additional drilling and advancing through scoping study.

The Company also holds 100% mineral rights to approximately 70,000 acres in Nevada's lithium-rich Clayton Valley in Esmeralda County, and is currently in the process of assessing the size, quality and processing alternatives of this deposit. The Clayton Valley project is located in the only known lithium-brine bearing salt lake in North America, and looks to represent the only new source for domestic lithium carbonate supply.

The Projects are supervised by Ray Spanjers, Rodinia's Manager of Exploration. Mr. Spanjers is considered a Qualified Person, as defined by National Instrument 43‐101 and has reviewed and approved the scientific and technical information contained in this press release.

Please visit the Company's web site at or write us at

Cautionary Notes

Except for statements of historical fact contained herein, the information in this press release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding the impact of the drill program at the Diablillos property and results of such drill program; the potential of the Diablillos property; results of the preliminary economic assessment, the potential results and timetable for further exploration with respect to the Clayton Valley project and the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.


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