moin PNN- lers,
nach etwas ruhiger phase zum jahresstart gabs nen echten KNALLER mit nachfolg. meldung
über aqui des VIEL- versprechenden ULT- proj. im magischen LI- dreieck - lest/ studiert mal
selbst.........zunächst einmal den folg. auszug........
2023-05-17 10:00 ET - News Release
Dr. Weiguo Lang reports
ULTRA LITHIUM SELLS LAGUNA VERDE FOR SHARE STAKE IN POWER MINERALS
Ultra Lithium Inc. has signed a binding term sheet to sell its Laguna Verde lithium brine projects in the Catamarca province for up to 50 million shares in Power Minerals Ltd.
Ultra Lithium holds 100 per cent of the Laguna Verde lithium brine project and other salar properties totalling more than 250,000 hectares in the Catamarca province of Argentina within the world-renowned Lithium Triangle in northwest Argentina.
Ultra Lithium chief executive officer Dr. Weiguo Lang stated: "As a result of recent changes to Canadian government regulations with respect to critical minerals, Ultra Lithium allowed its previous agreement to explore and develop the Laguna Verde project with Zangge Mining to expire. We look forward to jointly exploring and developing the Laguna Verde project with Power Minerals. It is the best solution for the company to develop its lithium brine projects under the current geopolitical conditions."
"This acquisition allows Power to extensively expand our footprint in Argentina with an advanced lithium brine project in the world's best lithium address. This strategic acquisition comes at an opportune time as interest and demand in Argentinian lithium brine continues to increase. We aim to take advantage of this opportunity, in parallel with our core focus on the development of our Salta lithium project, with the delineation of a JORC [Joint Ore Reserves Committee] mineral resource estimate for the Laguna Verde project in the second half of 2023, using results from recently completed drilling by Ultra Lithium at the project. This will complement the ongoing resource expansion program at Salta," stated Power Minerals managing director Mena Habib.
Transaction summary............
https://www.stockwatch.com/News/Item/Z-C!ULT-3408975/C/ULT
SK heute bei dürftigem vol. von mal eben 0,4mios.................aud 0,46
......bin aber zuversichtlich, daß wir hier noch freudreiche zeiten vor uns haben
hbg55