Edison Lithium (TSE:EDDY) has released an update.
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Edison Lithium Corp. has terminated its letter of intent with Meteor Energy, LLC to sell its stake in Argentinian lithium properties, and is seeking new potential buyers. Additionally, due to tough market conditions, the company has postponed the spin-out of its subsidiary Edison Cobalt Corp. Edison Lithium continues to focus on developing its portfolio of energy metal properties to serve the battery industry.
For further insights into TSE:EDDY stock, check out TipRanks’ Stock Analysis page.
