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LEXI Converts Debt to Shares Amid Growth

LEXI Converts Debt to Shares Amid Growth

Lithium Energi Exploration (TSE:LEXI) has released an update.

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Lithium Energi Exploration, Inc. (LEXI) has announced it will settle half of the upcoming interest payment to Arena Investors, LP with the issuance of common shares, at a price determined by recent market values. The transaction is contingent on approval by the TSX Venture Exchange. LEXI, a company specializing in lithium brine assets in Argentina, is listed on multiple exchanges and emphasizes innovation and sustainability in its operations.

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

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