Global Battery Metals Ltd (TSE:GBML) has released an update.
Global Battery Metals Ltd., a key player in lithium and copper exploration, is considering its position following announcements of Technology Minerals’ proposed $10 million sale of LRH Resources to European Lithium. The deal includes the transfer of 23 licenses from the Leinster Lithium Project, where GBML holds rights to earn a 90% interest in 16 licenses and a right of first refusal. GBML remains open to negotiations, focusing on advancing its involvement in various battery metal projects and retaining strategic interests, such as a 0.75% net smelter return royalty in the Peru-based Lara Copper Property.
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