Military Metals Bolsters EU Mineral Holdings
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Military Metals Bolsters EU Mineral Holdings

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X1 Esports and Entertainment Ltd. (TSE:MILI) has released an update.

Military Metals Corp. has signed a binding LOI to acquire a private company holding two antimony and one tin brownfield projects in Slovakia, aiming to bolster Western access to critical minerals amidst global demand. The acquisition, valued at CAD $5.6 million in common shares, aligns with the EU’s Critical Raw Materials Act and may lead to EU funding as the company advances towards production. Military Metals is undertaking this strategic move to secure and develop essential resources for industries including battery technology and advanced military systems.

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