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Global Battery Metals Reaches Settlement on Lithium Project
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Global Battery Metals Reaches Settlement on Lithium Project

Story Highlights
  • Global Battery Metals has settled with LRH and Technology Minerals over the Leinster Lithium Project.
  • GBML will exchange its 55% project interest for shares, pending approvals.
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Global Battery Metals (TSE:GBML) has released an update.

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Global Battery Metals has reached a settlement agreement with LRH Resources and Technology Minerals regarding the Leinster Lithium Project in Ireland. The agreement involves the termination of their joint venture obligations and the transfer of GBML’s 55% interest in the project in exchange for shares. The transaction awaits shareholder and regulatory approvals, with the final meeting scheduled for early 2025.

For further insights into TSE:GBML stock, check out TipRanks’ Stock Analysis page.

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