30
Jan
15:59
American Lithium buys back lithium royalty on Nevada project
American Lithium says it has entered into an agreement with Nevada Alaska Mining to buy back the remaining 1% gross overriding royalty at its Tonopah Lithium Claims (TLC) project in southwest Nevada, Kallanish reports.
The company, with headquarters in Vancouver, British Columbia, will issue 950,000 common shares to Nevada Alaska Mining. The deal stipulates American Lithium will control 100% of all concessions comprising the TLC project. The company plans to…
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