Leo Lithium Ltd. (AU:LLL) has released an update.
Firefinch Limited has resolved disputes with the Government of Mali through a series of agreements, involving a US$60 million payment by Ganfeng on behalf of Leo Lithium Ltd to settle claims related to the Morila Gold Mine and the Goulamina Lithium Project. Additionally, Firefinch will contribute A$11.5 million towards this settlement and transfer its mining interests in Mali to a government company, while Leo Lithium has sold its interest in MLBV to Ganfeng for US$342.7 million.
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