Lithium Ionic Corp (TSE:LTH) has released an update.
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Lithium Ionic Corp. is set to fully acquire the Salinas properties in Brazil, enhancing their ownership to 100% and consolidating their assets in the world-renowned ‘Lithium Valley’. The agreement involves a structured payment plan with cash components and share issuance. This move builds on the company’s existing mineral resource estimates and is a strategic step towards expanding their lithium resource base.
For further insights into TSE:LTH stock, check out TipRanks’ Stock Analysis page.
