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History

 

Lustros Inc. is a US publicly traded company trading under the symbol LSTS. The Company manufactures Copper Sulfate from traditional mining and leftover tailings, our manufacturing facilities are located in Chile, South America.

The company was created on March 9, 2012, when its predecesor, Power-Save Energy Company, entered into an agreement to acquire all of the capital stock of Bluestone S.A., a Chilean corporation. The Company acquired 100% of the outstanding shares of Common Stock of Bluestone from Bluestone Shareholders. In exchange for the Bluestone Stock, the Company issued 60,000,000 shares of its Common Stock to the Bluestone Shareholders.

On March 25, 2012, the Company agreed with the former management of Power-Save Energy Company to transfer the renewable energy and energy savings product business, including all assets, liabilities, and the name Power-Save Energy Company to the former management in lieu of unpaid salaries and any other potential monies owed to them.

On April 12, 2012, an Amendment to the Articles of Incorporation was filed to change its name from Power-Save Energy Company to Lustros, Inc.

On August 22, 2012 the Company completed the formation of Lustros Chile SpA, a 100% owned subsidiary, formed for the purpose of consolidating the Company’s business in Chile.

In October 2012 the Company announced the creation of Mineraltus Pudahuel Ltd. This single-purpose entity has signed an agreement with Sociedad Mineral Pudahuel to process 2.4 million tons of copper-rich tailings from the La Africana mine located in the Santiago Metropolitan area. 

 

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