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Patriot Lithium Ltd. ( (AU:PAT) ) has issued an announcement.
Rapid Lithium Limited has renegotiated the payment terms for its Ingersoll Project acquisition, allowing it to commence drilling activities. The company has decided not to pursue the acquisition of New Energy (US) Inc from Patriot Lithium Limited, choosing instead to focus on its existing portfolio and new strategic projects, positioning itself to enhance its lithium exploration capabilities.
More about Patriot Lithium Ltd.
Rapid Lithium Limited operates in the mining industry, focusing on lithium exploration and acquisition projects. The company is strategically positioned to explore lithium on its private land in South Dakota and is also advancing exploration at the Gallium-Germanium project in British Columbia.
YTD Price Performance: 32.50%
Average Trading Volume: 218,700
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$5.44M
Find detailed analytics on PAT stock on TipRanks’ Stock Analysis page.
