17
Jan
16:06
Denison Mines options Grounded Lithium’s brine project
Denison Mines, a Canadian uranium miner, has entered into a definitive agreement with Grounded Lithium Corp. to advance a lithium brine project in western Saskatchewan.
Through the agreement, Denison will have the option to earn up to a 75% interest in GLC’s Kindersley Lithium Project. Denison will pay up to CAD 15.15 million ($11.2m) for the interest, comprised of cash payments up to CAD 3.15m, through a structured earn-in option.
Denison will also fund t…
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