PepinNini Minerals Limited (AU:PNN) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Power Minerals Limited is taking steps to recover a debt from Ultra Lithium Inc. by appointing a receiver over its assets. The company has issued a formal notice under Canadian law, aiming to secure repayment of over AUD $1 million under a convertible loan agreement. This move highlights Power Minerals’ focus on enforcing its financial rights and resolving the ongoing dispute with Ultra Lithium.
For further insights into AU:PNN stock, check out TipRanks’ Stock Analysis page.