Hertz Energy Withdraws from Brazil Lithium Deal

Hertz Lithium, Inc. (TSE:HZ) has released an update.

Hertz Energy Inc., a junior exploration company, has cancelled its agreement to acquire the Patriota Lithium Project in Brazil, thereby relinquishing its option on the property and freeing itself from any obligations associated with the agreement. The company remains focused on its other energy metals mineral properties, including lithium exploration projects in Arizona, Quebec, and near other notable projects, as well as uranium ventures in Nunavut, Canada, and Namibia.

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